Saudi Arabia Policy Rate

2000 - 2024 | Monthly | % pa | Saudi Central Bank

Key information about Saudi Arabia Policy Rate

  • Saudi Arabia cash rate (Policy Rate: Month End: Official Repo Rate) was set at 5.00 % pa in Dec 2024, compared with 5.25 % pa in the previous Nov 2024.
  • Saudi Arabia Policy Rate averaged 2.00 % pa and is updated monthly, available from Jan 2000 to Dec 2024.
  • The data reached an all-time high of 7.00 % pa in Dec 2000 and a record low of 1.00 % pa in Feb 2022.

Since June 1986, the Saudi Riyal was officially pegged to the IMF's SDR. In practice, it is fixed at 1 USD = 3.75 SAR.


Related information about Saudi Arabia Policy Rate

  • In the latest reports, Saudi Arabia Short Term Interest Rate: Monthly Avg: SIBOR: 3 Months was reported at 5.53 % pa in Nov 2024.
  • Saudi Arabia Exchange Rate against USD averaged 3.75 (USD/SAR) in Jun 2023.
  • Its Real Effective Exchange Rate was 127.93 in Nov 2024.

View Saudi Arabia's Policy Rate from Jan 2000 to Dec 2024 in the chart:

Saudi Arabia Policy Rate

What was Saudi Arabia's Policy Rate in Dec 2024?

Saudi Arabia cash rate (Policy Rate: Month End: Official Repo Rate) was set at 5.00 % pa in Dec 2024, compared with 5.25 % pa in the previous Nov 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.00 Dec 2024 5.25 Nov 2024 1.00 Feb 2022 7.00 Dec 2000 % pa monthly Jan 2000 - Dec 2024

Policy Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.75 Dec 2024 monthly Jan 2000 - Dec 2024
Algeria (% pa) 3.00 Dec 2024 monthly Jan 1963 - Dec 2024
Argentina (%) 31.78 Dec 2024 monthly Aug 1985 - Dec 2024
Armenia (% pa) 7.00 Dec 2024 monthly May 2001 - Dec 2024
Australia (% pa) 4.35 Dec 2024 monthly Aug 1990 - Dec 2024
Austria (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Azerbaijan (% pa) 7.25 Nov 2024 monthly Jan 2005 - Nov 2024
Bahrain (% pa) 5.50 Dec 2024 monthly Jan 2007 - Dec 2024
Bangladesh (% pa) 10.00 Nov 2024 monthly Sep 2009 - Nov 2024
Belarus (% pa) 9.50 Dec 2024 monthly Jul 1991 - Dec 2024
Belgium (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Bolivia (% pa) 3.05 Dec 2024 monthly Jan 2013 - Dec 2024
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 12.25 Dec 2024 monthly Mar 1999 - Dec 2024
Bulgaria (% pa) 2.95 Jan 2025 monthly Feb 1991 - Jan 2025
Canada (% pa) 3.75 Nov 2024 monthly Dec 1992 - Nov 2024
Chile (% pa) 5.00 Dec 2024 monthly May 1995 - Dec 2024
China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
Colombia (% pa) 9.50 Dec 2024 monthly Apr 1995 - Dec 2024
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Czech Republic (% pa) 3.00 Dec 2024 monthly Jan 1993 - Dec 2024
Denmark (% pa) 2.60 Dec 2024 monthly Aug 1914 - Dec 2024
Ecuador (% pa) 10.43 Dec 2024 monthly Jul 1995 - Dec 2024
Egypt (% pa) 27.75 Nov 2024 monthly Jan 1991 - Nov 2024
Estonia (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
European Union (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Finland (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
France (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Georgia (% pa) 8.00 Nov 2024 monthly Jan 2008 - Nov 2024
Germany (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
Greece (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Hong Kong SAR, China (% pa) 4.75 Dec 2024 monthly Jun 1992 - Dec 2024
Hungary (% pa) 6.50 Dec 2024 monthly Oct 1990 - Dec 2024
Iceland (% pa) 10.00 Dec 2024 monthly Jan 1994 - Dec 2024
India (% pa) 6.50 Dec 2024 monthly Apr 2001 - Dec 2024
Indonesia (% pa) 6.00 Dec 2024 monthly Jun 2015 - Dec 2024
Ireland (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Israel (% pa) 4.50 Dec 2024 monthly Dec 1998 - Dec 2024
Italy (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
Japan (% pa) -0.10 Jun 2023 monthly Nov 2008 - Jun 2023
Jordan (% pa) 7.50 Dec 2024 monthly Dec 1965 - Dec 2024
Kazakhstan (% pa) 14.25 Nov 2024 monthly Feb 1992 - Nov 2024
Kenya (% pa) 11.25 Dec 2024 monthly Jul 2003 - Dec 2024
South Korea (% pa) 3.00 Dec 2024 monthly May 1999 - Dec 2024
Kosovo (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Kuwait (% pa) 4.00 Nov 2024 monthly Jul 1999 - Nov 2024
Kyrgyzstan (% pa) 9.00 Dec 2024 monthly Jan 1999 - Dec 2024
Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
Latvia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
Lithuania (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Luxembourg (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Macau SAR, China (% pa) 4.75 Dec 2024 monthly Dec 1999 - Dec 2024
North Macedonia (% pa) 5.55 Dec 2024 monthly Jan 2002 - Dec 2024
Malawi (% pa) 26.00 Dec 2024 monthly Jan 1980 - Dec 2024
Malaysia (% pa) 3.00 Dec 2024 monthly Apr 2004 - Dec 2024
Malta (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Mauritius (% pa) 4.00 Dec 2024 monthly Dec 1999 - Dec 2024
Mexico (% pa) 10.00 Dec 2024 monthly Jan 2008 - Dec 2024
Moldova (% pa) 3.60 Dec 2024 monthly Feb 2001 - Dec 2024
Mongolia (% pa) 10.00 Dec 2024 monthly Jul 2007 - Dec 2024
Montenegro (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Morocco (% pa) 2.50 Dec 2024 monthly Jun 1995 - Dec 2024
Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
Nepal (% pa) 6.50 Nov 2024 monthly Jul 2003 - Nov 2024
Netherlands (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
Nigeria (% pa) 27.50 Dec 2024 monthly Dec 2006 - Dec 2024
Norway (% pa) 4.50 Dec 2024 monthly Jan 1991 - Dec 2024
Oman (% pa) 5.00 Dec 2024 monthly May 2007 - Dec 2024
Pakistan (% pa) 14.00 Dec 2024 monthly Feb 1992 - Dec 2024
Paraguay (% pa) 6.00 Dec 2024 monthly Jul 2010 - Dec 2024
Peru (% pa) 5.00 Dec 2024 monthly Sep 2003 - Dec 2024
Philippines (% pa) 7.00 May 2024 monthly Jun 2016 - May 2024
Poland (% pa) 5.75 Dec 2024 monthly Jan 2005 - Dec 2024
Portugal (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Qatar (% pa) 5.10 Dec 2024 monthly Mar 2003 - Dec 2024
Romania (% pa) 6.50 Dec 2024 monthly Jan 2003 - Dec 2024
Russia (% pa) 21.00 Nov 2024 monthly Sep 2013 - Nov 2024
Saudi Arabia (% pa) 5.00 Dec 2024 monthly Jan 2000 - Dec 2024
Serbia (% pa) 5.75 Dec 2024 monthly Jan 2001 - Dec 2024
Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
Slovakia (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Slovenia (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
South Africa (% pa) 7.75 Dec 2024 monthly Nov 1999 - Dec 2024
Spain (% pa) 3.15 Dec 2024 monthly Jan 1999 - Dec 2024
Sri Lanka (% pa) 7.50 Nov 2024 monthly Jan 1997 - Nov 2024
Sweden (% pa) 2.75 Dec 2024 monthly Jan 1987 - Dec 2024
Switzerland (% pa) 0.45 Dec 2024 monthly Jun 1999 - Dec 2024
Syria (% pa) 5.00 Dec 2024 monthly Jan 1962 - Dec 2024
Taiwan (% pa) 2.00 Dec 2024 monthly Jul 1961 - Dec 2024
Tajikistan (% pa) 9.00 Dec 2024 monthly Jun 1995 - Dec 2024
Thailand (% pa) 2.25 Dec 2024 monthly May 2000 - Dec 2024
Tunisia (% pa) 8.00 Dec 2024 monthly Jan 2000 - Dec 2024
Turkey (% pa) 47.50 Dec 2024 monthly Jun 1996 - Dec 2024
Ukraine (% pa) 13.50 Dec 2024 monthly Dec 1992 - Dec 2024
United Arab Emirates (% pa) 4.40 Dec 2024 monthly Nov 2007 - Dec 2024

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Saudi Arabia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -30,666.667 2024 yearly 1969 - 2024
National Government Debt (USD mn) 319,733.3 2024 yearly 2004 - 2024
Government Debt: % of GDP (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
Forecast: Government Expenditure (SAR bn) 1,583.493 2029 yearly 1990 - 2029
Forecast: Government Net Debt (SAR bn) 1,862.699 2029 yearly 1991 - 2029
Forecast: Government Revenue (SAR bn) 1,433.631 2029 yearly 1991 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 113,078.6 2023 yearly 1957 - 2023
Total Exports (USD mn) 24,741.9 Oct 2024 monthly Jan 2015 - Oct 2024
Total Exports Growth (%) -10.7 Oct 2024 monthly Jan 2016 - Oct 2024
Aluminum: Exports (USD th) 2,151,060.164 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 595,269.369 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 22,383.089 2023 yearly 1995 - 2023
Total Imports (USD mn) 19,203.3 Oct 2024 monthly Jan 2005 - Oct 2024
Total Imports Growth (%) -3.8 Oct 2024 monthly Jan 2006 - Oct 2024
Imports: Medicament (USD th) 5,014,506.913 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,727,931.691 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 639.161 Oct 2024 monthly Jan 2017 - Oct 2024
Total Imports from USA (USD mn) 1,518.589 Oct 2024 monthly Jan 2005 - Oct 2024
Total Exports to China (USD mn) 3,987.029 Oct 2024 monthly Jan 2017 - Oct 2024
Total Imports from China (USD mn) 4,688.123 Oct 2024 monthly Jan 1981 - Oct 2024
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: ow USA (SAR mn) 2,396.853 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: Value (SAR mn) 92,782.013 Oct 2024 monthly Jan 2015 - Oct 2024
Exports: India (SAR mn) 8,793.674 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: South Korea (SAR mn) 8,319.229 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: ow China (SAR mn) 14,951.358 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,249.487 2023 yearly 1970 - 2023
Imports: HS: Value: MC: Mineral Products (SAR mn) 61,579.696 2023 yearly 1983 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 105,681.247 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,637.828 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 118,665.412 2023 yearly 1970 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Imports: Value: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Import Value Index (2015=100) 87.505 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 115.814 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 104.491 2021 yearly 2000 - 2021
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,746.1 Sep 2024 quarterly Mar 2006 - Sep 2024
Current Account Balance (USD mn) -8,790.1 Sep 2024 quarterly Mar 2006 - Sep 2024
Current Account Balance: % of GDP (%) -3.3 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 4,255.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Portfolio Investment (USD mn) 6,044.079 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 2.3 Sep 2024 quarterly Mar 2008 - Sep 2024
Forecast: Current Account Balance (USD bn) -37.538 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 765,219.433 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 639.030 Mar 2024 quarterly Mar 2018 - Mar 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 2,295.466 Jun 2024 quarterly Mar 2018 - Jun 2024
BoP: USD: FA: Other Investment: Assets (USD mn) 3,644.042 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Reserve Assets (USD mn) -10,805.656 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 26,126.658 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Errors and Omissions (USD mn) -6,661.703 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 21,333.957 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -16,011.717 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 73,942.498 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,751.144 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 4,746.140 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment (USD mn) 490.518 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) 1,139.594 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 19,465.129 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 10,114.940 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 54,477.369 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment (USD mn) -17,689.915 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 9,890.738 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Secondary Income (USD mn) -13,383.060 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 17,690.709 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 6,044.079 Sep 2024 quarterly Mar 2008 - Sep 2024
BoP: USD: FA: Portfolio Investment (USD mn) 11,646.630 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Financial Account (FA) (USD mn) -16,358.424 Sep 2024 quarterly Mar 2006 - Sep 2024
International Investment Position (IIP) (SAR mn) 2,869,572.875 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,492,541.825 2023 yearly 2007 - 2023
IIP: Assets (SAR mn) 5,362,114.700 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Household Debt: % of GDP (%) 12.1 Sep 2024 quarterly Dec 2003 - Sep 2024
Money Supply M1 (USD mn) 443,477.173 Nov 2024 monthly Jan 1993 - Nov 2024
Money Supply M2 (USD mn) 707,473.500 Nov 2024 monthly Jan 1993 - Nov 2024
M2 Growth (%) 11.4 Nov 2024 monthly Jan 1994 - Nov 2024
Reserve Requirement Ratio (%) 7.0 Nov 2024 monthly Mar 1980 - Nov 2024
Foreign Exchange Reserves (USD mn) 425,952.2 Nov 2024 monthly Jan 2001 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 39.870 Sep 2024 quarterly Dec 2003 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 23.9 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Dec 2024 monthly Dec 1957 - Dec 2024
Total Deposits (USD mn) 725,068.989 Nov 2024 monthly Jan 1993 - Nov 2024
Total Deposits Growth (%) 10.5 Nov 2024 monthly Jan 1994 - Nov 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 362.740 Jun 2024 quarterly Mar 1998 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 836.762 Jun 2024 quarterly Mar 1993 - Jun 2024
Household Debt (USD mn) 131,348.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Total Loans (USD mn) 781,989.412 Nov 2024 monthly Jan 1997 - Nov 2024
Total Loans Growth (%) 13.33 Nov 2024 monthly Jan 1998 - Nov 2024
Private Debt: % of Nominal GDP (%) 67.34 Sep 2024 quarterly Dec 2003 - Sep 2024
Base Money (SAR mn) 404,644.104 Nov 2024 monthly Jan 2000 - Nov 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,945,655.647 Nov 2024 monthly Jan 1993 - Nov 2024
Money Supply: M3: M2: M1 (SAR mn) 1,663,039.398 Nov 2024 monthly Jan 1993 - Nov 2024
Money Supply: M3: M2 (SAR mn) 2,653,025.624 Nov 2024 monthly Jan 1993 - Nov 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 588,303.170 Nov 2024 monthly Jan 2001 - Nov 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets (SAR mn) 1,688,661.631 Nov 2024 monthly Jan 2001 - Nov 2024
Banks Deposits (SAR mn) 2,719,008.711 Nov 2024 monthly Jan 1993 - Nov 2024
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,128,063.265 Nov 2024 monthly Jan 1993 - Nov 2024
Bank Loans: Consumer (SAR mn) 452,321.357 Jun 2024 quarterly Mar 1998 - Jun 2024

More Indicators for Saudi Arabia

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