Depositors with commercial banks in Saudi Arabia
Saudi Arabia: Depositors with commercial banks was 1,834 per 1,000 adults in 2024. ▲ Rising
Depositors with commercial banks in Saudi Arabia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Saudi Arabia recorded 1,834 per 1,000 adults for depositors with commercial banks in 2024.
The figure is down 2.3% on the previous year and up 110.8% over ten years.
Over the whole period, depositors with commercial banks in Saudi Arabia peaked at 1,877 per 1,000 adults in 2023 and was at its lowest, 466.09 per 1,000 adults, in 2004.
Saudi Arabia ranks 12th of 104 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Depositors with commercial banks in Saudi Arabia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 466.09 per 1,000 adults | — |
| 2005 | 528.52 per 1,000 adults | +13.4% |
| 2006 | 611.58 per 1,000 adults | +15.7% |
| 2007 | 642.83 per 1,000 adults | +5.1% |
| 2008 | 719.25 per 1,000 adults | +11.9% |
| 2009 | 772.98 per 1,000 adults | +7.5% |
| 2010 | 784.22 per 1,000 adults | +1.5% |
| 2011 | 781 per 1,000 adults | -0.4% |
| 2012 | 757.42 per 1,000 adults | -3.0% |
| 2013 | 785.94 per 1,000 adults | +3.8% |
| 2014 | 870.1 per 1,000 adults | +10.7% |
| 2015 | 969.78 per 1,000 adults | +11.5% |
| 2016 | 1,026 per 1,000 adults | +5.8% |
| 2017 | 1,118 per 1,000 adults | +8.9% |
| 2018 | 1,210 per 1,000 adults | +8.3% |
| 2019 | 1,330 per 1,000 adults | +9.9% |
| 2020 | 1,382 per 1,000 adults | +3.9% |
| 2021 | 1,557 per 1,000 adults | +12.7% |
| 2022 | 1,640 per 1,000 adults | +5.4% |
| 2023 | 1,877 per 1,000 adults | +14.4% |
| 2024 | 1,834 per 1,000 adults | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 623.54 per 1,000 adults | 466.09 per 1,000 adults | 772.98 per 1,000 adults | 6 |
| 2010s | 963.31 per 1,000 adults | 757.42 per 1,000 adults | 1,330 per 1,000 adults | 10 |
| 2020s | 1,658 per 1,000 adults | 1,382 per 1,000 adults | 1,877 per 1,000 adults | 5 |
Countries ranked near Saudi Arabia
- 9 Nigeria 1,914 per 1,000 adults compare
- 10 Venezuela, Bolivarian Republic of 1,889 per 1,000 adults compare
- 11 Cape Verde 1,884 per 1,000 adults compare
- 13 Tajikistan 1,827 per 1,000 adults compare
- 14 Republic of Moldova 1,817 per 1,000 adults compare
- 15 Colombia 1,803 per 1,000 adults compare
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 depositors with commercial banks in Saudi Arabia?
- Depositors with commercial banks in Saudi Arabia was 1,834 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Saudi Arabia?
- The highest recorded value was 1,877 per 1,000 adults in 2023.
- What is the lowest depositors with commercial banks recorded in Saudi Arabia?
- The lowest recorded value was 466.09 per 1,000 adults in 2004.
- How does Saudi Arabia rank for depositors with commercial banks?
- Saudi Arabia ranks 12th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Saudi Arabia?
- Over the last ten years it is up 110.8%. 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 Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.