The benchmark interest rate in Saudi Arabia was last recorded at 3 percent. Interest Rate in Saudi Arabia averaged 3.68 percent from 1992 until 2019, reaching an all time high of 7 percent in May of 2000 and a record low of 1.50 percent in March of 2004.

Interest Rate in Saudi Arabia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Saudi Arabia to stand at 3.00 in 12 months time. In the long-term, the Saudi Arabia Interest Rate is projected to trend around 3.25 percent in 2020, according to our econometric models.

Saudi Arabia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 08:00 PM Interest Rate Decision 3.0% 2.75% 3%


Saudi Arabia Money Last Previous Highest Lowest Unit
Interest Rate 3.00 3.00 7.00 1.50 percent [+]
Money Supply M0 320354.00 317391.00 326643.00 54862.00 SAR Million [+]
Money Supply M1 1218114.00 1214420.00 1257331.00 121503.00 SAR Million [+]
Interbank Rate 2.89 2.94 5.24 0.60 percent [+]
Money Supply M2 1643646.00 1645643.00 1656967.00 169395.00 SAR Million [+]
Money Supply M3 1813398.00 1815889.00 1841238.00 228264.00 SAR Million [+]
Foreign Exchange Reserves 1873280.00 1817241.00 2796941.00 1569145.00 SAR Million [+]
Banks Balance Sheet 2364239.00 2344974.37 2364239.00 300694.53 Million SAR [+]
Deposit Interest Rate 3.40 3.40 9.04 0.50 percent [+]
Loan Growth 3.00 3.00 46.99 -1.40 percent [+]
Loans To Banks 39076.00 33388.00 71756.00 8057.00 SAR Million [+]
Loans To Private Sector 1449627.00 1441792.85 1449627.00 154289.00 SAR Million [+]
Central Bank Balance Sheet 1892829.00 1844400.00 2838408.00 186460.00 Million SAR [+]
Reverse Repo Rate 2.50 2.50 6.75 0.25 percent [+]


Saudi Arabia Interest Rate

In Saudi Arabia the interest rates decisions are taken by the Saudi Arabian Monetary Agency (SAMA). Central bank official interest rate is the Official Repo Rate (ORR). This page provides the latest reported value for - Saudi Arabia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 7.00 1.50 1992 - 2019 percent Daily




Country Last Previous
Argentina 71.22 May/19
Turkey 24.00 Apr/19
Mexico 8.25 May/19
Russia 7.75 Apr/19
South Africa 6.75 May/19
Brazil 6.50 May/19
India 6.00 Apr/19
Indonesia 6.00 May/19
China 4.35 Apr/19
Saudi Arabia 3.00 Apr/19
United States 2.50 May/19
Singapore 2.24 Mar/19
Canada 1.75 Apr/19
South Korea 1.75 Apr/19
Australia 1.50 May/19
United Kingdom 0.75 May/19
Euro Area 0.00 Apr/19
France 0.00 Apr/19
Germany 0.00 Apr/19
Italy 0.00 Apr/19
Netherlands 0.00 Apr/19
Spain 0.00 Apr/19
Japan -0.10 Apr/19
Switzerland -0.75 Apr/19


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