The Saudi Central Bank reduced its repo rate by 25 basis points to 5% and its reverse repo rate to 4.5% in December 2024. This move follows the Federal Reserve's policy adjustment, which lowered interest rates by the same margin to a target range of 4.75-5%, signaling only two rate cuts in 2025. Saudi Arabia's practice of mirroring U.S. monetary policy due to the riyal’s peg to the US dollar. source: Saudi Central Bank

The benchmark interest rate in Saudi Arabia was last recorded at 5 percent. Interest Rate in Saudi Arabia averaged 3.63 percent from 1992 until 2025, reaching an all time high of 7.00 percent in May of 2000 and a record low of 1.00 percent in March of 2020. 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 Repo Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

The benchmark interest rate in Saudi Arabia was last recorded at 5 percent. Interest Rate in Saudi Arabia is expected to be 4.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Repo Rate is projected to trend around 4.00 percent in 2026 and 3.75 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-09-18 07:00 PM
Interest Rate Decision
5.50% 6%
2024-11-07 07:20 PM
Interest Rate Decision
5.25% 5.50%
2024-12-18 07:30 PM
Interest Rate Decision
5% 5.25%


Related Last Previous Unit Reference
Banks Balance Sheet 4834983.80 4814086.00 SAR Million Jul 2025
Central Bank Balance Sheet 1910363.00 1957147.00 SAR Million Jul 2025
Foreign Exchange Reserves 1665258.00 1716300.00 SAR Million Jul 2025
Interbank Rate 5.45 5.48 percent Jul 2025
Interest Rate 5.00 5.00 percent Aug 2025
Loans To Banks 54626.00 49407.00 SAR Million Jul 2025
Money Supply M0 430123.00 433475.00 SAR Million Jul 2025
Money Supply M1 1689757.00 1739592.00 SAR Million Jul 2025
Money Supply M2 2813043.00 2839474.00 SAR Million Jul 2025
M3 Money Supply YoY 3109761.00 3120017.00 SAR Million Jul 2025
Reverse Repo Rate 4.50 4.50 percent Aug 2025

Saudi Arabia Repo 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).
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 7.00 1.00 1992 - 2025 percent Daily

News Stream
Saudi Arabia Cuts Interest Rate by 25 bps, After Fed
The Saudi Central Bank reduced its repo rate by 25 basis points to 5% and its reverse repo rate to 4.5% in December 2024. This move follows the Federal Reserve's policy adjustment, which lowered interest rates by the same margin to a target range of 4.75-5%, signaling only two rate cuts in 2025. Saudi Arabia's practice of mirroring U.S. monetary policy due to the riyal’s peg to the U.S. dollar.
2024-12-18
Saudi Arabia Lowers Interest Rate After Fed
The Saudi Central Bank slashed its repo rate by 25 bps to 5.25% in November 2024, tracking a quarter-percentage-point rate cut delivered by the Federal Reserve. The reverse repo rate was also lowered by 25 basis points to 4.75%. Saudi Arabia typically mirrors US monetary policy because of the riyal’s peg to the US dollar.
2024-11-07
Saudi Arabia Reduces Interest Rate, Follows Fed
The Saudi Central Bank slashed its repo rate by 50 bps to 5.50% in September 2024, closely following the Federal Reserve’s rate reduction. Additionally, the bank lowered the reverse repo rate by 50 basis points to 5%. Saudi Arabia generally aligns with US monetary policy due to the Riyal's peg to the US dollar.
2024-09-18