Deposit Interest Rate in Saudi Arabia remained unchanged at 3.40 percent in June from 3.40 percent in May of 2019. Deposit Interest Rate in Saudi Arabia averaged 1.95 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 3.63 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
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Saudi Arabia Money Last Previous Highest Lowest Unit
Interest Rate 3.00 3.00 7.00 1.50 percent [+]
Money Supply M0 317108.00 320354.00 326643.00 54862.00 SAR Million [+]
Money Supply M1 1237997.00 1218114.00 1257331.00 121503.00 SAR Million [+]
Interbank Rate 2.86 2.89 5.24 0.60 percent [+]
Money Supply M2 1661233.00 1643646.00 1661233.00 169395.00 SAR Million [+]
Money Supply M3 1835339.00 1813398.00 1841238.00 228264.00 SAR Million [+]
Foreign Exchange Reserves 1894071.00 1873280.00 2796941.00 1569145.00 SAR Million [+]
Banks Balance Sheet 2376667.00 2364239.00 2376667.00 300694.53 Million SAR [+]
Deposit Interest Rate 3.40 3.40 9.04 0.50 percent [+]
Loan Growth 2.00 3.00 46.99 -1.40 percent [+]
Loans To Banks 28540.00 39076.00 71756.00 8057.00 SAR Million [+]
Loans To Private Sector 1457126.00 1449627.00 1457126.00 154289.00 SAR Million [+]
Central Bank Balance Sheet 1919486.00 1892829.00 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 June of 2019.

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




Country Last Previous
Argentina 50.44 Jun/19
Turkey 22.50 Jun/19
South Africa 7.17 Apr/19
Brazil 6.19 Mar/19
Russia 5.82 Apr/19
Indonesia 5.25 Jun/19
Mexico 3.72 Mar/19
Saudi Arabia 3.40 Jun/19
South Korea 2.06 Mar/19
Australia 1.85 May/19
Canada 1.81 Jun/19
United Kingdom 0.50 May/19
China 0.35 May/19
Singapore 0.20 Apr/19
Japan -0.09 Jun/19
Switzerland -0.31 Apr/19
Euro Area -0.40 Jun/19


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