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 128.9 in Dec 2024, compared with the number of 127.9 in the previous month.
  • Saudi Arabia Real Effective Exchange Rate data is updated monthly and averaged 132.8 from Jan 1994 to Dec 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 5.5 % pa in Nov 2024.
  • The cash rate (Policy Rate: Month End: Official Repo Rate) was set at 5.0 % pa in Dec 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 Dec 2024 in the chart:

Saudi Arabia Real Effective Exchange Rate

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

Saudi Arabia Real Effective Exchange Rate (REER: 2005=100: Month Avg: Saudi Arabia) was 128.9 in Dec 2024, compared with the number of 127.9 in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
128.9 Dec 2024 127.9 Nov 2024 92.3 Mar 2008 132.8 Jan 1998 2005=100 monthly Jan 1994 - Dec 2024

Real Effective Exchange Rate by Country Comparison

country/region Last Frequency Range
Algeria (2005=100) 106.1 Dec 2024 monthly Jan 1994 - Dec 2024
Argentina (2005=100) 50.3 Feb 2025 monthly Jan 1997 - Feb 2025
Armenia (2005=100) 248.4 Dec 2024 monthly Jan 1997 - Dec 2024
Australia (2005=100) 101.3 Dec 2024 monthly Jan 1994 - Dec 2024
Austria (2005=100) 102.8 Jan 2025 monthly Jan 1993 - Jan 2025
Azerbaijan (2005=100) 156.4 Jan 2025 monthly Jan 2005 - Jan 2025
Bahrain (2005=100) 95.5 Dec 2024 monthly Jan 1980 - Dec 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) 102.2 Jan 2025 monthly Jan 1993 - Jan 2025
Bolivia (2005=100) 55.7 Nov 2024 monthly Jan 1991 - Nov 2024
Bosnia and Herzegovina (2005=100) 96.7 Nov 2024 monthly Jan 2005 - Nov 2024
Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
Brazil (2005=100) 81.4 Nov 2024 monthly Jan 1988 - Nov 2024
Bulgaria (2005=100) 129.1 Nov 2024 monthly Jan 1993 - Nov 2024
Canada (2005=100) 88.4 Dec 2024 monthly Jan 1999 - Dec 2024
Chile (2005=100) 228.5 Jan 2025 monthly Jan 1986 - Jan 2025
China (2005=100) 135.5 Dec 2024 monthly Jan 1994 - Dec 2024
Colombia (2005=100) 113.5 Jan 2025 monthly Jan 1990 - Jan 2025
Croatia (2005=100) 103.2 Jan 2025 monthly Jan 1993 - Jan 2025
Cyprus (2005=100) 89.9 Jan 2025 monthly Jan 1993 - Jan 2025
Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
Denmark (2005=100) 95.9 Dec 2024 monthly Jan 1970 - Dec 2024
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 142.5 Jan 2025 monthly Jan 1993 - Jan 2025
European Union (2005=100) 90.2 Jan 2025 monthly Jan 1993 - Jan 2025
Finland (2005=100) 92.8 Jan 2025 monthly Jan 1993 - Jan 2025
France (2005=100) 89.6 Jan 2025 monthly Jan 1993 - Jan 2025
Georgia (2005=100) 130.5 Jan 2025 monthly Dec 1995 - Jan 2025
Germany (2005=100) 94.0 Jan 2025 monthly Jan 1993 - Jan 2025
Ghana (2005=100) 65.8 Dec 2024 monthly Dec 1979 - Dec 2024
Greece (2005=100) 92.5 Jan 2025 monthly Jan 1993 - Jan 2025
Hong Kong SAR, China (2005=100) 111.2 Dec 2024 monthly Jan 1994 - Dec 2024
Hungary (2005=100) 105.8 Dec 2024 monthly Jan 1990 - Dec 2024
Iceland (2005=100) 92.6 Dec 2024 monthly Jan 1979 - Dec 2024
India (2005=100) 117.8 Dec 2024 monthly Apr 2004 - Dec 2024
Indonesia (2005=100) 113.4 Dec 2024 monthly Jan 1994 - Dec 2024
Iran (2005=100) 960.1 Dec 2024 monthly Jan 1979 - Dec 2024
Ireland (2005=100) 81.9 Jan 2025 monthly Jan 1993 - Jan 2025
Israel (2005=100) 127.9 Dec 2024 monthly Jan 1994 - Dec 2024
Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
Ivory Coast (2005=100) 96.3 Dec 2024 monthly Dec 1979 - Dec 2024
Japan (2005=100) 55.5 Jan 2025 monthly Jan 1970 - Jan 2025
Kazakhstan (2005=100) 101.1 Oct 2024 monthly Jan 1995 - Oct 2024
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 79.1 Dec 2024 monthly Jan 1994 - Dec 2024
Kosovo (Jan2007=100) 118.8 Dec 2024 monthly Dec 2006 - Dec 2024
Kyrgyzstan (2005=100) 146.7 Dec 2024 monthly Jan 2000 - Dec 2024
Latvia (2005=100) 130.4 Jan 2025 monthly Jan 1993 - Jan 2025
Lithuania (2005=100) 130.6 Jan 2025 monthly Jan 1993 - Jan 2025
Luxembourg (2005=100) 96.4 Jan 2025 monthly Jan 1993 - Jan 2025
North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
Malawi (2010=100) 91.5 Dec 2024 monthly Dec 1979 - Dec 2024
Malaysia (2005=100) 91.8 Dec 2024 monthly Jan 1994 - Dec 2024
Malta (2005=100) 96.0 Jan 2025 monthly Jan 1993 - Jan 2025
Mexico (2005=100) 102.8 Nov 2024 monthly Jan 1968 - Nov 2024
Moldova (2005=100) 250.2 Dec 2024 monthly Nov 1993 - Dec 2024
Mongolia (2005=100) 126.5 Nov 2024 monthly Jan 2000 - Nov 2024
Morocco (2005=100) 99.9 Dec 2024 monthly Jan 1988 - Dec 2024
Netherlands (2005=100) 96.9 Jan 2025 monthly Jan 1993 - Jan 2025
New Zealand (2005=100) 94.5 Dec 2024 monthly Jan 1984 - Dec 2024
Nigeria (2005=100) 81.6 Dec 2024 monthly Dec 1979 - Dec 2024
Norway (2005=100) 73.0 Dec 2024 monthly Jan 1994 - Dec 2024
Pakistan (2010=100) 103.7 Dec 2024 monthly Jan 2013 - Dec 2024
Paraguay (2005=100) 67.6 Dec 2024 monthly Jan 1995 - Dec 2024
Peru (2005=100) 90.3 Jan 2025 monthly Jan 1991 - Jan 2025
Philippines (2005=100) 148.9 Jan 2025 monthly Jan 1993 - Jan 2025
Poland (2005=100) 116.2 Dec 2024 monthly Jan 1994 - Dec 2024
Portugal (2005=100) 92.7 Jan 2025 monthly Jan 1993 - Jan 2025
Romania (2005=100) 113.7 Dec 2024 monthly Jan 1994 - Dec 2024
Russia (2005=100) 92.3 Dec 2024 monthly Jan 1994 - Dec 2024
Saudi Arabia (2005=100) 128.9 Dec 2024 monthly Jan 1994 - Dec 2024
Serbia (2005=100) 143.0 Dec 2024 monthly Jan 2002 - Dec 2024
Singapore (2005=100) 135.7 Dec 2024 monthly Jan 1994 - Dec 2024
Slovakia (2005=100) 138.2 Jan 2025 monthly Jan 1993 - Jan 2025
Slovenia (2005=100) 99.9 Jan 2025 monthly Jan 1993 - Jan 2025
South Africa (2005=100) 90.1 Nov 2024 monthly Jan 1970 - Nov 2024
Spain (2005=100) 96.1 Jan 2025 monthly Jan 1993 - Jan 2025
Sri Lanka (2017=100) 76.5 Dec 2024 monthly Jan 2013 - Dec 2024
Sweden (2005=100) 77.6 Dec 2024 monthly Jan 1994 - Dec 2024
Switzerland (2005=100) 113.0 Jan 2025 monthly Jan 1973 - Jan 2025
Taiwan (2005=100) 92.8 Dec 2024 monthly Jan 1994 - Dec 2024
Thailand (2005=100) 124.3 Dec 2024 monthly Jan 1994 - Dec 2024
Tunisia (2005=100) 86.9 Dec 2024 monthly Jan 1979 - Dec 2024
Turkey (2005=100) 66.9 Jan 2025 monthly Jan 1994 - Jan 2025
Ukraine (2005=100) 87.7 Dec 2024 monthly Dec 1992 - Dec 2024
United Arab Emirates (2005=100) 128.2 Dec 2024 monthly Jan 1994 - Dec 2024
United Kingdom (2005=100) 89.4 Dec 2024 monthly Jan 1994 - Dec 2024
United States (Jan2006=100) 122.4 Jan 2025 monthly Jan 2006 - Jan 2025
Uruguay (2005=100) 49.0 Dec 2024 monthly Jan 2000 - Dec 2024
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 127.5 Sep 2024 monthly Jan 2013 - Sep 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) -30,833.284 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) 73,321.7 2024 yearly 1957 - 2024
Total Exports (USD mn) 25,146.4 Dec 2024 monthly Jan 2015 - Dec 2024
Total Exports Growth (%) -2.8 Dec 2024 monthly Jan 2016 - Dec 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) 21,076.7 Dec 2024 monthly Jan 2005 - Dec 2024
Total Imports Growth (%) 27.1 Dec 2024 monthly Jan 2006 - Dec 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) 1,097.698 Dec 2024 monthly Jan 2017 - Dec 2024
Total Imports from USA (USD mn) 1,914.653 Dec 2024 monthly Jan 2005 - Dec 2024
Total Exports to China (USD mn) 3,267.239 Dec 2024 monthly Jan 2017 - Dec 2024
Total Imports from China (USD mn) 4,960.638 Dec 2024 monthly Jan 1981 - Dec 2024
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
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: India (SAR mn) 9,117.572 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: South Korea (SAR mn) 9,808.619 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: ow China (SAR mn) 12,252.148 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: ow USA (SAR mn) 4,116.367 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: Value (SAR mn) 94,298.971 Dec 2024 monthly Jan 2015 - Dec 2024
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 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: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 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: North America: USA (SAR mn) 70,584.316 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) 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) 1,306.235 Sep 2024 quarterly Mar 2018 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 4,737.844 Sep 2024 quarterly Mar 2018 - Sep 2024
BoP: USD: FA: Other Investment (USD mn) -17,689.915 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: CA: Goods & Services: Services: Debit (USD mn) 26,126.658 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Assets (USD mn) 3,644.042 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: Errors and Omissions (USD mn) -6,661.703 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: Financial Account (FA) (USD mn) -16,358.424 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: Other Investment: Liabilities (USD mn) 21,333.957 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: Reserve Assets (USD mn) -10,805.656 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: Goods & Services: Services: Credit (USD mn) 10,114.940 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: Goods & Services: Goods: Credit (USD mn) 73,942.498 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: Services (USD mn) -16,011.717 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
IIP: Liabilities (SAR mn) 2,492,541.825 2023 yearly 2007 - 2023
International Investment Position (IIP) (SAR mn) 2,869,572.875 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) 445,261.016 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply M2 (USD mn) 698,516.458 Dec 2024 monthly Jan 1993 - Dec 2024
M2 Growth (%) 9.7 Dec 2024 monthly Jan 1994 - Dec 2024
Reserve Requirement Ratio (%) 7.0 Jan 2025 monthly Mar 1980 - Jan 2025
Foreign Exchange Reserves (USD mn) 413,014.1 Dec 2024 monthly Jan 2001 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 39.870 Sep 2024 quarterly Dec 2003 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 21.4 2024 yearly 1957 - 2024
Gold Reserves (USD mn) 432.934 Jan 2025 monthly Dec 1957 - Jan 2025
Total Deposits (USD mn) 717,969.099 Dec 2024 monthly Jan 1993 - Dec 2024
Total Deposits Growth (%) 8.9 Dec 2024 monthly Jan 1994 - Dec 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) 133,960.5 Dec 2024 quarterly Mar 1998 - Dec 2024
Total Loans (USD mn) 788,146.680 Dec 2024 monthly Jan 1997 - Dec 2024
Total Loans Growth (%) 14.39 Dec 2024 monthly Jan 1998 - Dec 2024
Private Debt: % of Nominal GDP (%) 67.34 Sep 2024 quarterly Dec 2003 - Sep 2024
Base Money (SAR mn) 411,626.250 Jan 2025 monthly Jan 2000 - Jan 2025
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,921,472.319 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply: M3: M2 (SAR mn) 2,619,436.716 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply: M3: M2: M1 (SAR mn) 1,669,728.809 Dec 2024 monthly Jan 1993 - Dec 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 532,724.681 Dec 2024 monthly Jan 2001 - Dec 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets (SAR mn) 1,628,755.763 Jan 2025 monthly Jan 2001 - Jan 2025
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,159,067.903 Dec 2024 monthly Jan 1993 - Dec 2024
Banks Deposits (SAR mn) 2,692,384.123 Dec 2024 monthly Jan 1993 - Dec 2024
Bank Loans: Consumer (SAR mn) 470,985.975 Dec 2024 quarterly Mar 1998 - Dec 2024

More Indicators for Saudi Arabia

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