Bank deposits to GDP in Saudi Arabia
Saudi Arabia: Bank deposits to GDP was 38.7% in 2017. ◆ Volatile
Bank deposits to GDP in Saudi Arabia, 1968–2017
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Saudi Arabia is 38.7%, measured in 2017.
That represents a change of down 4.0% on the previous year and up 93.6% over ten years.
Over the whole period, bank deposits to gdp in Saudi Arabia peaked at 40.4% in 2016 and was at its lowest, 2.0%, in 1974.
That places Saudi Arabia 123rd out of 185 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 1968 | 4.0% | — |
| 1969 | 3.8% | -4.4% |
| 1970 | 3.2% | -15.7% |
| 1971 | 3.0% | -4.9% |
| 1972 | 3.4% | +11.5% |
| 1973 | 4.0% | +18.7% |
| 1974 | 2.0% | -50.8% |
| 1975 | 4.6% | +130.3% |
| 1976 | 6.1% | +32.8% |
| 1977 | 8.5% | +39.9% |
| 1978 | 11.0% | +29.9% |
| 1979 | 8.2% | -25.1% |
| 1980 | 6.1% | -26.3% |
| 1981 | 7.0% | +14.8% |
| 1982 | 9.4% | +34.6% |
| 1983 | 11.1% | +18.1% |
| 1984 | 11.4% | +2.3% |
| 1985 | 12.2% | +7.8% |
| 1986 | 14.7% | +20.4% |
| 1987 | 16.1% | +9.3% |
| 1988 | 17.4% | +8.0% |
| 1989 | 16.1% | -7.4% |
| 1990 | 13.0% | -19.4% |
| 1991 | 15.2% | +17.3% |
| 1992 | 15.5% | +2.0% |
| 1993 | 15.8% | +2.1% |
| 1994 | 15.9% | +0.7% |
| 1995 | 15.2% | -4.8% |
| 1996 | 15.2% | -0.2% |
| 1997 | 15.4% | +1.3% |
| 1998 | 17.3% | +12.8% |
| 1999 | 16.8% | -3.2% |
| 2000 | 16.1% | -3.8% |
| 2001 | 18.9% | +17.1% |
| 2002 | 21.1% | +11.9% |
| 2003 | 20.7% | -1.9% |
| 2004 | 21.0% | +1.3% |
| 2005 | 17.9% | -14.8% |
| 2006 | 17.3% | -3.6% |
| 2007 | 20.0% | +15.9% |
| 2008 | 17.6% | -12.1% |
| 2009 | 26.9% | +53.1% |
| 2010 | 26.8% | -0.6% |
| 2011 | 25.5% | -4.8% |
| 2012 | 27.3% | +7.2% |
| 2013 | 30.6% | +12.1% |
| 2014 | 34.9% | +13.9% |
| 2015 | 39.8% | +14.1% |
| 2016 | 40.4% | +1.3% |
| 2017 | 38.7% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.9% | 3.8% | 4.0% | 2 |
| 1970s | 5.4% | 2.0% | 11.0% | 10 |
| 1980s | 12.1% | 6.1% | 17.4% | 10 |
| 1990s | 15.5% | 13.0% | 17.3% | 10 |
| 2000s | 19.8% | 16.1% | 26.9% | 10 |
| 2010s | 33.0% | 25.5% | 40.4% | 8 |
Countries ranked near Saudi Arabia
More financial sector data for Saudi Arabia
- Total reserves (gold at national valuation) (SDR), annual growth rate 0.2425 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 9,089 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 3.57 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.2687 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2487 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 8,588 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.2472 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 9,081 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Saudi Arabia?
- Bank deposits to gdp in Saudi Arabia was 38.7% in 2017, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Saudi Arabia?
- The highest recorded value was 40.4% in 2016.
- What is the lowest bank deposits to gdp recorded in Saudi Arabia?
- The lowest recorded value was 2.0% in 1974.
- How does Saudi Arabia rank for bank deposits to gdp?
- Saudi Arabia ranks 123rd out of 185 countries with data for 2017.
- Is bank deposits to gdp rising or falling in Saudi Arabia?
- Over the last ten years it is up 93.6%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).