Bank concentration in Saudi Arabia

Saudi Arabia: Bank concentration was 73.1% in 2021. ▬ Flat

Latest (2021)
73.1%
Change on year
up 20.9%
World rank
83rd
of 169 countries
All-time high
73.1%
in 2021
All-time low
53.2%
in 2008
Years of data
22
2000–2021

Bank concentration in Saudi Arabia, 2000–2021

0204060802000201020212000: 61.1 %2001: 60 %2002: 57.9 %2003: 57.5 %2004: 55.2 %2005: 54.4 %2006: 53.7 %2007: 55.4 %2008: 53.2 %2009: 57 %2010: 57.8 %2011: 57.2 %2012: 55.9 %2013: 54.9 %2014: 54.2 %2015: 54.9 %2016: 54 %2017: 54.3 %2018: 55.7 %2019: 57.9 %2020: 60.5 %2021: 73.1 %

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 169 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest 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

  1. 80 Cape Verde 73.6% compare
  2. 81 Benin 73.5% compare
  3. 82 United Arab Emirates 73.2% compare
  4. 84 Guyana 72.9% compare
  5. 85 Uruguay 72.8% compare
  6. 86 Mali 72.6% compare

See the full ranking of 169 places →

More financial sector data for Saudi Arabia

All data for Saudi Arabia →

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 169 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

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,296 data points, 2000–2021
Last refreshed

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.