Bank accounts per 1,000 adults in Saudi Arabia
Saudi Arabia: Bank accounts per 1,000 adults was 273,254 in 2021. ▲ Rising
Bank accounts per 1,000 adults in Saudi Arabia, 2004–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Saudi Arabia recorded 273,254 for bank accounts per 1,000 adults in 2021. That is the highest value across all 18 years on record.
That represents a change of up 7.4% on the previous year and up 99.2% over ten years.
Over the whole period, bank accounts per 1,000 adults in Saudi Arabia peaked at 273,254 in 2021 and was at its lowest, 69,665, in 2004.
Saudi Arabia ranks 1st of 103 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Bank accounts per 1,000 adults in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 69,665 | — |
| 2005 | 82,359 | +18.2% |
| 2006 | 98,451 | +19.5% |
| 2007 | 106,486 | +8.2% |
| 2008 | 122,253 | +14.8% |
| 2009 | 134,633 | +10.1% |
| 2010 | 133,326 | -1.0% |
| 2011 | 137,191 | +2.9% |
| 2012 | 137,123 | -0.0% |
| 2013 | 148,394 | +8.2% |
| 2014 | 166,032 | +11.9% |
| 2015 | 191,739 | +15.5% |
| 2016 | 206,418 | +7.7% |
| 2017 | 218,937 | +6.1% |
| 2018 | 223,995 | +2.3% |
| 2019 | 238,657 | +6.5% |
| 2020 | 254,462 | +6.6% |
| 2021 | 273,254 | +7.4% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 273,254 is above the median for high income countries, which is 1,278, 213.8× the median. (20 countries reporting)
- Saudi Arabia's 273,254 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 628.88, 434.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 102,308 | 69,665 | 134,633 | 6 |
| 2010s | 180,181 | 133,326 | 238,657 | 10 |
| 2020s | 263,858 | 254,462 | 273,254 | 2 |
Countries ranked near Saudi Arabia
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Saudi Arabia?
- Bank accounts per 1,000 adults in Saudi Arabia was 273,254 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Saudi Arabia?
- The highest recorded value was 273,254 in 2021.
- What is the lowest bank accounts per 1,000 adults recorded in Saudi Arabia?
- The lowest recorded value was 69,665 in 2004.
- How does Saudi Arabia rank for bank accounts per 1,000 adults?
- Saudi Arabia ranks 1st out of 103 countries with data for 2021.
- Is bank accounts per 1,000 adults rising or falling in Saudi Arabia?
- Over the last ten years it is up 99.2%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.