Deposit Interest Rate in Saudi Arabia remained unchanged at 3.40 percent in February from 3.40 percent in January of 2019. Deposit Interest Rate in Saudi Arabia averaged 1.94 percent from 1987 until 2019, reaching an all time high of 9.04 percent in December of 1989 and a record low of 0.50 percent in February of 2009.

Deposit Interest Rate in Saudi Arabia is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Saudi Arabia to stand at 3.25 in 12 months time. In the long-term, the Cash 1 Year Deposit Interest Rate in Saudi Arabia is projected to trend around 4.38 percent in 2020, according to our econometric models.

Cash 1 Year Deposit Interest Rate in Saudi Arabia
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Saudi Arabia Money Last Previous Highest Lowest Unit
Interest Rate 3.00 3.00 7.00 1.50 percent [+]
Money Supply M0 311615.00 310686.00 326643.00 54862.00 SAR Million [+]
Money Supply M1 1217988.00 1205891.00 1257331.00 121503.00 SAR Million [+]
Interbank Rate 2.90 2.81 5.24 0.60 percent [+]
Money Supply M2 1657011.00 1628223.00 1657011.00 169395.00 SAR Million [+]
Money Supply M3 1841282.00 1803690.00 1841282.00 228264.00 SAR Million [+]
Foreign Exchange Reserves 1862209.00 1891405.00 2796941.00 1569145.00 SAR Million [+]
Banks Balance Sheet 2363357.33 2332630.72 2363357.33 300694.53 Million SAR [+]
Deposit Interest Rate 3.40 3.40 9.04 0.50 percent [+]
Loan Growth 3.00 2.30 46.99 -1.40 percent [+]
Loans To Banks 48055.00 47244.00 71756.00 8057.00 SAR Million [+]
Loans To Private Sector 1434887.55 1447532.40 1447532.40 154289.00 SAR Million [+]
Central Bank Balance Sheet 1899864.00 1924183.00 2838408.00 186460.00 Million SAR [+]
Reverse Repo Rate 2.50 2.50 6.75 0.25 percent [+]


Cash 1 Year Deposit Interest Rate in Saudi Arabia

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Saudi Arabia. Cash 1 Year Deposit Interest Rate in Saudi Arabia - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.40 9.04 0.50 1987 - 2019 percent Monthly




Country Last Previous
Turkey 22.50 Jan/19
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Russia 5.64 Dec/18
Indonesia 5.25 Jan/19
Saudi Arabia 3.40 Feb/19
Mexico 2.70 Dec/17
Australia 1.85 Jan/19
South Korea 1.67 Dec/17
United Kingdom 0.50 Jan/19
China 0.35 Jan/19
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Dec/18
Euro Area -0.40 Jan/19


Related

Latest