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

The Saudi Arabian Monetary Agency raised the official repo rate by 25bps to 2.25 percent on March 15th, 2018, ahead of an expected Fed rate hike. It is the first time since 2009 Saudi Arabia increased the borrowing cost before the Fed decision. Saudi Arabia follows the Fed policy because its currency is pegged to the dollar. Policymakers said the hikes are consistent with monetary stability in the evolving domestic and international monetary conditions. The reverse repo rate was also hiked by 25bps to 1.75 percent. Interest Rate in Saudi Arabia averaged 3.72 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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Saudi Arabia Money Last Previous Highest Lowest Unit
Interest Rate 2.25 2.00 7.00 1.50 percent [+]
Interbank Rate 1.99 1.90 5.24 0.60 percent [+]
Money Supply M0 311894.00 308896.00 366850.00 54862.00 SAR Million [+]
Money Supply M1 1191886.00 1185567.00 1258350.00 137001.00 SAR Million [+]
Money Supply M2 1621992.00 1613901.00 1649340.00 206565.00 SAR Million [+]
Money Supply M3 1781615.00 1788490.00 1828169.00 260058.00 SAR Million [+]
Foreign Exchange Reserves 1827224.00 1854380.00 2796941.00 1569145.00 SAR Million [+]
Banks Balance Sheet 2268814.29 2284487.55 2305759.90 300694.53 Million SAR [+]
Deposit Interest Rate 2.65 2.20 9.04 0.50 percent [+]
Reverse Repo Rate 1.75 1.75 6.75 0.25 percent [+]
Loan Growth -0.50 -0.70 46.99 -1.40 percent [+]
Loans To Banks 29400.00 39542.00 71756.00 8057.00 SAR Million [+]
Loans To Private Sector 1419331.00 1415244.00 1438736.09 154289.00 SAR Million [+]
Central Bank Balance Sheet 1877277.00 1901886.00 2840292.00 186460.00 Million SAR [+]


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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.25 2.00 7.00 1.50 1992 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Apr/18
Mexico 7.50 Apr/18
Russia 7.25 Apr/18
Brazil 6.50 Mar/18
India 6.00 Apr/18
China 4.35 Mar/18
Indonesia 4.25 Apr/18
United States 1.75 Apr/18
Australia 1.50 May/18
South Korea 1.50 Apr/18
Canada 1.25 Apr/18
United Kingdom 0.50 Mar/18
Euro Area 0.00 Apr/18
France 0.00 Apr/18
Germany 0.00 Apr/18
Italy 0.00 Apr/18
Netherlands 0.00 Apr/18
Spain 0.00 Apr/18
Japan -0.10 Apr/18
Switzerland -0.75 Mar/18


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