Saudi Arabia Real Effective Exchange Rate

1994 - 2024 | Monthly | 2005=100 | CEIC Data

Key information about Saudi Arabia Real Effective Exchange Rate

  • Saudi Arabia Real Effective Exchange Rate (REER: 2005=100: Month Avg: Saudi Arabia) was 125.3 in Oct 2024, compared with the number of 123.9 in the previous month.
  • Saudi Arabia Real Effective Exchange Rate data is updated monthly and averaged 132.8 from Jan 1994 to Oct 2024.
  • The data reached an all-time high of 132.8 in Jan 1998 and a record low of 92.3 in Mar 2008.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bank for International Settlements provides Real Effective Exchange Rate Index with base 2020=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about Saudi Arabia Real Effective Exchange Rate

  • In the latest reports, Saudi Arabia Short Term Interest Rate: Monthly Avg: SIBOR: 3 Months was reported at 6.1 % pa in Aug 2024.
  • The cash rate (Policy Rate: Month End: Official Repo Rate) was set at 5.5 % pa in Oct 2024.
  • Saudi Arabia Exchange Rate against USD averaged 3.8 (USD/SAR) in Jun 2023.

View Saudi Arabia's Real Effective Exchange Rate from Jan 1994 to Oct 2024 in the chart:

Saudi Arabia Real Effective Exchange Rate

What was Saudi Arabia's Real Effective Exchange Rate in Oct 2024?

Saudi Arabia Real Effective Exchange Rate (REER: 2005=100: Month Avg: Saudi Arabia) was 125.3 in Oct 2024, compared with the number of 123.9 in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
125.3 Oct 2024 123.9 Sep 2024 92.3 Mar 2008 132.8 Jan 1998 2005=100 monthly Jan 1994 - Oct 2024

Real Effective Exchange Rate by Country Comparison

country/region Last Frequency Range
Algeria (2005=100) 104.5 Oct 2024 monthly Jan 1994 - Oct 2024
Argentina (2005=100) 50.6 Nov 2024 monthly Jan 1997 - Nov 2024
Armenia (2005=100) 233.8 Sep 2024 monthly Jan 1997 - Sep 2024
Australia (2005=100) 104.0 Oct 2024 monthly Jan 1994 - Oct 2024
Austria (2005=100) 103.2 Oct 2024 monthly Jan 1993 - Oct 2024
Azerbaijan (2005=100) 148.7 Oct 2024 monthly Jan 2005 - Oct 2024
Bahrain (2005=100) 94.2 Oct 2024 monthly Jan 1980 - Oct 2024
Bangladesh (2015-2016=100) 102.0 2023 yearly 2011 - 2023
Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
Belgium (2005=100) 102.7 Oct 2024 monthly Jan 1993 - Oct 2024
Bolivia (2005=100) 53.7 Sep 2024 monthly Jan 1991 - Sep 2024
Bosnia and Herzegovina (2005=100) 96.9 Sep 2024 monthly Jan 2005 - Sep 2024
Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
Brazil (2005=100) 82.0 Sep 2024 monthly Jan 1988 - Sep 2024
Bulgaria (2005=100) 129.1 Nov 2024 monthly Jan 1993 - Nov 2024
Canada (2005=100) 90.8 Sep 2024 monthly Jan 1999 - Sep 2024
Chile (2005=100) 109.2 Oct 2024 monthly Jan 1986 - Oct 2024
China (2005=100) 136.1 Oct 2024 monthly Jan 1994 - Oct 2024
Colombia (2005=100) 120.2 Nov 2024 monthly Jan 1990 - Nov 2024
Croatia (2005=100) 102.7 Oct 2024 monthly Jan 1993 - Oct 2024
Cyprus (2005=100) 92.1 Oct 2024 monthly Jan 1993 - Oct 2024
Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
Denmark (2005=100) 97.3 Sep 2024 monthly Jan 1970 - Sep 2024
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 143.1 Oct 2024 monthly Jan 1993 - Oct 2024
European Union (2005=100) 91.2 Nov 2024 monthly Jan 1993 - Nov 2024
Finland (2005=100) 94.0 Oct 2024 monthly Jan 1993 - Oct 2024
France (2005=100) 90.5 Oct 2024 monthly Jan 1993 - Oct 2024
Georgia (2005=100) 132.8 Oct 2024 monthly Dec 1995 - Oct 2024
Germany (2005=100) 94.9 Oct 2024 monthly Jan 1993 - Oct 2024
Ghana (2005=100) 62.3 Oct 2024 monthly Dec 1979 - Oct 2024
Greece (2005=100) 94.1 Oct 2024 monthly Jan 1993 - Oct 2024
Hong Kong SAR, China (2005=100) 109.0 Oct 2024 monthly Jan 1994 - Oct 2024
Hungary (2005=100) 103.4 Oct 2024 monthly Jan 1990 - Oct 2024
Iceland (2005=100) 90.3 Oct 2024 monthly Jan 1979 - Oct 2024
India (2005=100) 117.8 Oct 2024 monthly Apr 2004 - Oct 2024
Indonesia (2005=100) 112.7 Oct 2024 monthly Jan 1994 - Oct 2024
Iran (2005=100) 901.3 Oct 2024 monthly Jan 1979 - Oct 2024
Ireland (2005=100) 83.0 Oct 2024 monthly Jan 1993 - Oct 2024
Israel (2005=100) 120.8 Oct 2024 monthly Jan 1994 - Oct 2024
Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
Ivory Coast (2005=100) 97.9 Oct 2024 monthly Dec 1979 - Oct 2024
Japan (2005=100) 55.7 Oct 2024 monthly Jan 1970 - Oct 2024
Kazakhstan (2005=100) 98.8 Sep 2024 monthly Jan 1995 - Sep 2024
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 81.4 Oct 2024 monthly Jan 1994 - Oct 2024
Kosovo (Jan2007=100) 118.2 Sep 2024 monthly Dec 2006 - Sep 2024
Kyrgyzstan (2005=100) 142.5 Oct 2024 monthly Jan 2000 - Oct 2024
Latvia (2005=100) 130.9 Oct 2024 monthly Jan 1993 - Oct 2024
Lithuania (2005=100) 131.2 Oct 2024 monthly Jan 1993 - Oct 2024
Luxembourg (2005=100) 97.9 Oct 2024 monthly Jan 1993 - Oct 2024
North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
Malawi (2010=100) 89.6 Oct 2024 monthly Dec 1979 - Oct 2024
Malaysia (2005=100) 92.7 Oct 2024 monthly Jan 1994 - Oct 2024
Malta (2005=100) 97.0 Oct 2024 monthly Jan 1993 - Oct 2024
Mexico (2005=100) 103.1 Sep 2024 monthly Jan 1968 - Sep 2024
Moldova (2005=100) 233.0 Oct 2024 monthly Nov 1993 - Oct 2024
Mongolia (2005=100) 120.7 Sep 2024 monthly Jan 2000 - Sep 2024
Morocco (2005=100) 98.7 Oct 2024 monthly Jan 1988 - Oct 2024
Netherlands (2005=100) 98.2 Oct 2024 monthly Jan 1993 - Oct 2024
New Zealand (2005=100) 97.0 Oct 2024 monthly Jan 1984 - Oct 2024
Nigeria (2005=100) 75.9 Oct 2024 monthly Dec 1979 - Oct 2024
Norway (2005=100) 73.1 Oct 2024 monthly Jan 1994 - Oct 2024
Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
Paraguay (2005=100) 71.3 Oct 2024 monthly Jan 1995 - Oct 2024
Peru (2005=100) 92.0 Nov 2024 monthly Jan 1991 - Nov 2024
Philippines (2005=100) 138.1 Oct 2024 monthly Jan 1993 - Oct 2024
Poland (2005=100) 115.1 Oct 2024 monthly Jan 1994 - Oct 2024
Portugal (2005=100) 93.9 Oct 2024 monthly Jan 1993 - Oct 2024
Romania (2005=100) 113.7 Oct 2024 monthly Jan 1994 - Oct 2024
Russia (2005=100) 92.5 Oct 2024 monthly Jan 1994 - Oct 2024
Saudi Arabia (2005=100) 125.3 Oct 2024 monthly Jan 1994 - Oct 2024
Serbia (2005=100) 143.5 Oct 2024 monthly Jan 2002 - Oct 2024
Singapore (2005=100) 136.5 Oct 2024 monthly Jan 1994 - Oct 2024
Slovakia (2005=100) 139.7 Nov 2024 monthly Jan 1993 - Nov 2024
Slovenia (2005=100) 100.8 Oct 2024 monthly Jan 1993 - Oct 2024
South Africa (2005=100) 90.2 Sep 2024 monthly Jan 1970 - Sep 2024
Spain (2005=100) 96.6 Oct 2024 monthly Jan 1993 - Oct 2024
Sri Lanka (2017=100) 73.6 Oct 2024 monthly Jan 2013 - Oct 2024
Sweden (2005=100) 78.6 Oct 2024 monthly Jan 1994 - Oct 2024
Switzerland (2005=100) 114.9 Nov 2024 monthly Jan 1973 - Nov 2024
Taiwan (2005=100) 91.5 Oct 2024 monthly Jan 1994 - Oct 2024
Thailand (2005=100) 124.6 Oct 2024 monthly Jan 1994 - Oct 2024
Tunisia (2005=100) 84.8 Oct 2024 monthly Jan 1979 - Oct 2024
Turkey (2005=100) 59.5 Nov 2024 monthly Jan 1994 - Nov 2024
Ukraine (2005=100) 83.8 Oct 2024 monthly Dec 1992 - Oct 2024
United Arab Emirates (2005=100) 124.9 Oct 2024 monthly Jan 1994 - Oct 2024
United Kingdom (2005=100) 88.6 Oct 2024 monthly Jan 1994 - Oct 2024
United States (Jan2006=100) 119.8 Nov 2024 monthly Jan 2006 - Nov 2024
Uruguay (2005=100) 47.4 Oct 2024 monthly Jan 2000 - Oct 2024
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 120.8 Jul 2024 monthly Jan 2013 - Jul 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) -21,585.731 2023 yearly 1969 - 2023
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Government Debt: % of GDP (%) 28.4 Jun 2024 quarterly Dec 2016 - Jun 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) 23,617.9 Sep 2024 monthly Jan 2015 - Sep 2024
Total Exports Growth (%) -14.9 Sep 2024 monthly Jan 2016 - Sep 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) 18,636.1 Sep 2024 monthly Jan 2005 - Sep 2024
Total Imports Growth (%) 15.0 Sep 2024 monthly Jan 2006 - Sep 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) 873.564 Sep 2024 monthly Jan 2017 - Sep 2024
Total Imports from USA (USD mn) 1,439.718 Sep 2024 monthly Jan 2005 - Sep 2024
Total Exports to China (USD mn) 3,710.522 Sep 2024 monthly Jan 2017 - Sep 2024
Total Imports from China (USD mn) 4,799.619 Sep 2024 monthly Jan 1981 - Sep 2024
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: ow USA (SAR mn) 3,275.864 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: South Korea (SAR mn) 6,875.260 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: India (SAR mn) 7,307.280 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: ow China (SAR mn) 13,914.458 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 105,681.247 2023 yearly 1970 - 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: 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: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,428.0 Jun 2024 quarterly Mar 2006 - Jun 2024
Current Account Balance (USD mn) 4,324.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Current Account Balance: % of GDP (%) 1.6 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 3,115.5 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,552.736 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 2.0 Jun 2024 quarterly Mar 2008 - Jun 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: CA: Secondary Income (USD mn) -13,968.144 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Other Investment (USD mn) -21,939.380 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 25,358.852 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Other Investment: Assets (USD mn) -11,779.491 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 5,552.736 Jun 2024 quarterly Mar 2008 - Jun 2024
BoP: USD: Errors and Omissions (USD mn) -2,536.199 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 10,159.889 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,161.358 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 78,847.952 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 2,427.992 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 16,373.149 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: Financial Account (FA) (USD mn) 668.122 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 26,773.970 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 8,962.458 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Reserve Assets (USD mn) 12,474.564 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment (USD mn) 10,820.414 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Direct Investment (USD mn) -687.475 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income (USD mn) 801.100 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -9,282.605 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 52,073.982 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 16,076.248 Jun 2024 quarterly Mar 2006 - Jun 2024
IIP: Assets (SAR mn) 5,362,114.700 2023 yearly 2007 - 2023
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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.4 Mar 2024 quarterly Mar 2009 - Mar 2024
Household Debt: % of GDP (%) 11.9 Jun 2024 quarterly Dec 2003 - Jun 2024
Money Supply M1 (USD mn) 440,661.196 Oct 2024 monthly Jan 1993 - Oct 2024
Money Supply M2 (USD mn) 699,622.085 Oct 2024 monthly Jan 1993 - Oct 2024
M2 Growth (%) 11.1 Oct 2024 monthly Jan 1994 - Oct 2024
Reserve Requirement Ratio (%) 7.0 Nov 2024 monthly Mar 1980 - Nov 2024
Foreign Exchange Reserves (USD mn) 410,754.7 Oct 2024 monthly Jan 2001 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 41.018 Jun 2024 quarterly Dec 2003 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 23.9 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Nov 2024 monthly Dec 1957 - Nov 2024
Total Deposits (USD mn) 722,426.186 Oct 2024 monthly Jan 1993 - Oct 2024
Total Deposits Growth (%) 9.2 Oct 2024 monthly Jan 1994 - Oct 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) 348.930 Dec 2023 quarterly Mar 1998 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 796.302 Dec 2023 quarterly Mar 1993 - Dec 2023
Household Debt (USD mn) 131,348.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Total Loans (USD mn) 768,933.383 Oct 2024 monthly Jan 1997 - Oct 2024
Total Loans Growth (%) 12.46 Oct 2024 monthly Jan 1998 - Oct 2024
Private Debt: % of Nominal GDP (%) 65.19 Jun 2024 quarterly Dec 2003 - Jun 2024
Base Money (SAR mn) 404,644.104 Nov 2024 monthly Jan 2000 - Nov 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,936,088.999 Oct 2024 monthly Jan 1993 - Oct 2024
Money Supply: M3: M2 (SAR mn) 2,623,582.819 Oct 2024 monthly Jan 1993 - Oct 2024
Money Supply: M3: M2: M1 (SAR mn) 1,652,479.487 Oct 2024 monthly Jan 1993 - Oct 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 522,620.717 Oct 2024 monthly Jan 2001 - Oct 2024
Official Reserve Assets (SAR mn) 1,688,661.631 Nov 2024 monthly Jan 2001 - 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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