Money Supply M1 in Saudi Arabia decreased to 1194882 SAR Million in October from 1201274 SAR Million in September of 2018. Money Supply M1 in Saudi Arabia averaged 544965.10 SAR Million from 1997 until 2018, reaching an all time high of 1258350 SAR Million in May of 2015 and a record low of 137001 SAR Million in February of 1997.
Money Supply M1 in Saudi Arabia is expected to be 1213000.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M1 in Saudi Arabia to stand at 1290000.00 in 12 months time. In the long-term, the Saudi Arabia Money Supply M1 is projected to trend around 1313442.62 SAR Million in 2020, according to our econometric models.