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% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 38.7% is below the median for high income countries, which is 91.2%, 43% of the median. (61 countries reporting)
- Saudi Arabia's 38.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 80.8%, 48% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Bank deposits to GDP (%) in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +130.3% | 2.0% | 4.6% |
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
- 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 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.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).