Bank concentration in Saudi Arabia
Saudi Arabia: Bank concentration was 73.1% in 2021. ▬ Flat
Bank concentration in Saudi Arabia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Saudi Arabia stood at 73.1%. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 20.9% on the previous year and up 27.9% over ten years.
Over the whole period, bank concentration in Saudi Arabia peaked at 73.1% in 2021 and was at its lowest, 53.2%, in 2008.
Saudi Arabia ranks 83rd of 170 countries on this measure, in the middle of the range.
Bank concentration in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 61.1% | — |
| 2001 | 60.0% | -1.8% |
| 2002 | 57.9% | -3.5% |
| 2003 | 57.5% | -0.7% |
| 2004 | 55.2% | -3.9% |
| 2005 | 54.4% | -1.5% |
| 2006 | 53.7% | -1.3% |
| 2007 | 55.4% | +3.3% |
| 2008 | 53.2% | -4.1% |
| 2009 | 57.0% | +7.3% |
| 2010 | 57.8% | +1.4% |
| 2011 | 57.2% | -1.1% |
| 2012 | 55.9% | -2.1% |
| 2013 | 54.9% | -1.8% |
| 2014 | 54.2% | -1.3% |
| 2015 | 54.9% | +1.1% |
| 2016 | 54.0% | -1.6% |
| 2017 | 54.3% | +0.5% |
| 2018 | 55.7% | +2.7% |
| 2019 | 57.9% | +3.8% |
| 2020 | 60.5% | +4.5% |
| 2021 | 73.1% | +20.9% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 73.1% is above the median for high income countries, which is 73.1%, 1.0× the median. (63 countries reporting)
- Saudi Arabia's 73.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 74.5%, 98% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.5% | 53.2% | 61.1% | 10 |
| 2010s | 55.7% | 54.0% | 57.9% | 10 |
| 2020s | 66.8% | 60.5% | 73.1% | 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 concentration in Saudi Arabia?
- Bank concentration in Saudi Arabia was 73.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Saudi Arabia?
- The highest recorded value was 73.1% in 2021.
- What is the lowest bank concentration recorded in Saudi Arabia?
- The lowest recorded value was 53.2% in 2008.
- How does Saudi Arabia rank for bank concentration?
- Saudi Arabia ranks 83rd out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Saudi Arabia?
- Over the last ten years it is up 27.9%. The long-run trend across the full record is flat.
- Where does this Saudi Arabia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.