Borrowers from commercial banks in Saudi Arabia
Saudi Arabia: Borrowers from commercial banks was 234.69 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Saudi Arabia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Saudi Arabia is 234.69 per 1,000 adults, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 6.9% on the previous year and up 26.2% over ten years.
Over the whole period, borrowers from commercial banks in Saudi Arabia peaked at 234.69 per 1,000 adults in 2024 and was at its lowest, 105.82 per 1,000 adults, in 2004.
That places Saudi Arabia 53rd out of 113 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Borrowers from commercial banks in Saudi Arabia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 105.82 per 1,000 adults | — |
| 2005 | 125.08 per 1,000 adults | +18.2% |
| 2006 | 152.55 per 1,000 adults | +22.0% |
| 2007 | 161.69 per 1,000 adults | +6.0% |
| 2008 | 185.74 per 1,000 adults | +14.9% |
| 2009 | 178.9 per 1,000 adults | -3.7% |
| 2010 | 186.14 per 1,000 adults | +4.0% |
| 2011 | 189.19 per 1,000 adults | +1.6% |
| 2012 | 174.4 per 1,000 adults | -7.8% |
| 2013 | 178.91 per 1,000 adults | +2.6% |
| 2014 | 185.89 per 1,000 adults | +3.9% |
| 2015 | 175.81 per 1,000 adults | -5.4% |
| 2016 | 171.9 per 1,000 adults | -2.2% |
| 2017 | 213.64 per 1,000 adults | +24.3% |
| 2018 | 200.27 per 1,000 adults | -6.3% |
| 2019 | 161.36 per 1,000 adults | -19.4% |
| 2020 | 145.19 per 1,000 adults | -10.0% |
| 2021 | 171.78 per 1,000 adults | +18.3% |
| 2022 | 176.77 per 1,000 adults | +2.9% |
| 2023 | 219.46 per 1,000 adults | +24.1% |
| 2024 | 234.69 per 1,000 adults | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 151.63 per 1,000 adults | 105.82 per 1,000 adults | 185.74 per 1,000 adults | 6 |
| 2010s | 183.75 per 1,000 adults | 161.36 per 1,000 adults | 213.64 per 1,000 adults | 10 |
| 2020s | 189.58 per 1,000 adults | 145.19 per 1,000 adults | 234.69 per 1,000 adults | 5 |
Countries ranked near Saudi Arabia
- 50 Dominican Republic 250.49 per 1,000 adults compare
- 51 Romania 246.63 per 1,000 adults compare
- 52 Seychelles 235.02 per 1,000 adults compare
- 54 Republic of Moldova 210.26 per 1,000 adults compare
- 55 Cape Verde 208.75 per 1,000 adults compare
- 56 Kuwait 198.93 per 1,000 adults compare
More financial sector data for Saudi Arabia
- Net domestic credit (current LCU), per capita 32,328 current LCU per person (2017)
- Net domestic credit (current LCU), per unit of GDP 1.35 current LCU per US$ of GDP (2017)
- Net domestic credit (current LCU), annual growth rate 21.57 % change on previous year (2017)
- Gold reserves at 35 SDRs per ounce 363.54 million SDR (2025)
- Gold reserves at market value 33.13 billion SDR (2025)
- Reserves excluding gold, foreign exchange 317.55 billion SDR (2025)
- Reserves excluding gold 335.74 billion SDR (2025)
- Total reserves (gold at market value) 368.87 billion SDR (2025)
- Total reserves (gold at national valuation) 336.06 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 9,089 SDR per person (2025)
Frequently asked questions
- What is borrowers from commercial banks in Saudi Arabia?
- Borrowers from commercial banks in Saudi Arabia was 234.69 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Saudi Arabia?
- The highest recorded value was 234.69 per 1,000 adults in 2024.
- What is the lowest borrowers from commercial banks recorded in Saudi Arabia?
- The lowest recorded value was 105.82 per 1,000 adults in 2004.
- How does Saudi Arabia rank for borrowers from commercial banks?
- Saudi Arabia ranks 53rd out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Saudi Arabia?
- Over the last ten years it is up 26.2%. 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, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.