Saudi Arabia Interest Rate  1992-2018 | Data | Chart | Calendar | Forecast

The Saudi Arabian Monetary Agency raised the official repo rate by 25bps to 2.75 percent on September 26th, 2018, following the Fed decision to increase its target range for the federal funds interest rate by a quarter point, to between 2 percent and 2.25 percent. The reverse repo rate was also hiked by 25bps to 2.25 percent. Saudi Arabia follows the Fed policy because its currency is pegged to the dollar. Policymakers said the rate adjustments aim to maintain monetary stability amid global financial developments. Interest Rate in Saudi Arabia averaged 3.70 percent from 1992 until 2018, reaching an all time high of 7 percent in May of 2000 and a record low of 1.50 percent in March of 2004.

Saudi Arabia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 08:30 PM Interest Rate Decision 2.75% 3%


Saudi Arabia Money Last Previous Highest Lowest Unit
Interest Rate 2.75 2.50 7.00 1.50 percent [+]
Interbank Rate 2.61 2.61 5.24 0.60 percent [+]
Money Supply M0 317007.00 313961.00 366850.00 54862.00 SAR Million [+]
Money Supply M1 1201424.00 1198386.00 1258350.00 137001.00 SAR Million [+]
Money Supply M2 1626935.00 1621989.00 1649340.00 206565.00 SAR Million [+]
Money Supply M3 1794667.00 1787176.00 1828169.00 260058.00 SAR Million [+]
Foreign Exchange Reserves 1911429.00 1879840.00 2796941.00 1569145.00 SAR Million [+]
Banks Balance Sheet 2286146.51 2288759.74 2312031.54 300694.53 Million SAR [+]
Deposit Interest Rate 2.65 2.65 9.04 0.50 percent [+]
Loan Growth 1.30 1.10 46.99 -1.40 percent [+]
Loans To Banks 42469.00 33711.00 71756.00 8057.00 SAR Million [+]
Loans To Private Sector 1441041.16 1431457.61 1441041.16 154289.00 SAR Million [+]
Central Bank Balance Sheet 1955059.00 1922341.00 2840292.00 186460.00 Million SAR [+]
Reverse Repo Rate 2.25 2.00 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.75 2.50 7.00 1.50 1992 - 2018 percent Daily




interest rate by Country
Country Last
Argentina 72.54 Oct/18
Turkey 24.00 Sep/18
Mexico 7.75 Oct/18
Russia 7.50 Sep/18
Brazil 6.50 Sep/18
India 6.50 Oct/18
South Africa 6.50 Sep/18
Indonesia 5.75 Sep/18
China 4.35 Sep/18
Saudi Arabia 2.75 Sep/18
United States 2.25 Sep/18
Australia 1.50 Oct/18
Canada 1.50 Sep/18
South Korea 1.50 Oct/18
Singapore 1.11 Sep/18
United Kingdom 0.75 Sep/18
Euro Area 0.00 Sep/18
France 0.00 Sep/18
Germany 0.00 Sep/18
Italy 0.00 Sep/18
Netherlands 0.00 Sep/18
Spain 0.00 Sep/18
Japan -0.10 Sep/18
Switzerland -0.75 Sep/18


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