Monetary Sector credit to private sector (% GDP) in Saudi Arabia
Saudi Arabia: Monetary Sector credit to private sector (% GDP) was 50.1% in 2017. ◆ Volatile
Monetary Sector credit to private sector in Saudi Arabia, 1960–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2017, monetary sector credit to private sector in Saudi Arabia stood at 50.1%.
That represents a change of down 7.8% on the previous year and up 35.2% over ten years.
Over the whole period, monetary sector credit to private sector in Saudi Arabia peaked at 54.4% in 2016 and was at its lowest, 2.8%, in 1974.
Saudi Arabia ranks 73rd of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector (% GDP) in Saudi Arabia, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 7.0% | — |
| 1961 | 7.3% | +4.8% |
| 1962 | 7.7% | +4.7% |
| 1963 | 7.0% | -8.7% |
| 1964 | 7.8% | +11.6% |
| 1965 | 8.7% | +11.1% |
| 1966 | 9.4% | +8.9% |
| 1967 | 8.4% | -10.8% |
| 1968 | 7.4% | -12.5% |
| 1969 | 8.0% | +8.6% |
| 1970 | 7.1% | -11.5% |
| 1971 | 5.6% | -20.3% |
| 1972 | 4.6% | -19.2% |
| 1973 | 4.3% | -6.2% |
| 1974 | 2.8% | -35.5% |
| 1975 | 4.1% | +48.5% |
| 1976 | 4.4% | +7.1% |
| 1977 | 4.1% | -6.6% |
| 1978 | 5.3% | +29.2% |
| 1979 | 7.1% | +34.8% |
| 1980 | 6.8% | -4.3% |
| 1981 | 6.9% | +2.0% |
| 1982 | 9.5% | +37.6% |
| 1983 | 12.7% | +33.4% |
| 1984 | 14.1% | +11.1% |
| 1985 | 15.9% | +12.4% |
| 1986 | 18.4% | +15.8% |
| 1987 | 18.3% | -0.4% |
| 1988 | 21.3% | +16.4% |
| 1989 | 20.5% | -3.8% |
| 1990 | 14.8% | -27.8% |
| 1991 | 14.9% | +0.3% |
| 1992 | 16.8% | +12.7% |
| 1993 | 20.5% | +22.1% |
| 1994 | 22.4% | +9.2% |
| 1995 | 22.6% | +0.9% |
| 1996 | 20.8% | -7.9% |
| 1997 | 21.5% | +3.4% |
| 1998 | 29.2% | +35.7% |
| 1999 | 26.7% | -8.4% |
| 2000 | 24.2% | -9.4% |
| 2001 | 27.1% | +11.8% |
| 2002 | 28.9% | +6.9% |
| 2003 | 28.2% | -2.5% |
| 2004 | 32.4% | +14.6% |
| 2005 | 35.4% | +9.5% |
| 2006 | 33.7% | -4.8% |
| 2007 | 37.1% | +9.9% |
| 2008 | 37.7% | +1.7% |
| 2009 | 45.6% | +21.1% |
| 2010 | 39.2% | -14.2% |
| 2011 | 33.6% | -14.1% |
| 2012 | 35.6% | +5.8% |
| 2013 | 39.0% | +9.7% |
| 2014 | 42.6% | +9.1% |
| 2015 | 52.8% | +24.0% |
| 2016 | 54.4% | +3.1% |
| 2017 | 50.1% | -7.8% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 50.1% is below the median for high income countries, which is 63.2%, 79% of the median. (61 countries reporting)
- Saudi Arabia's 50.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 53.6%, 94% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | 7.0% | 9.4% | 10 |
| 1970s | 4.9% | 2.8% | 7.1% | 10 |
| 1980s | 14.5% | 6.8% | 21.3% | 10 |
| 1990s | 21.0% | 14.8% | 29.2% | 10 |
| 2000s | 33.0% | 24.2% | 45.6% | 10 |
| 2010s | 43.4% | 33.6% | 54.4% | 8 |
Countries ranked near Saudi Arabia
- 70 Bolivia 51.8% compare
- 71 Saint Lucia 51.7% compare
- 72 Trinidad and Tobago 50.4% compare
- 74 Costa Rica 50.0% compare
- 75 Greece 48.5% compare
- 76 Vanuatu 48.5% 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 monetary sector credit to private sector in Saudi Arabia?
- Monetary sector credit to private sector in Saudi Arabia was 50.1% in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Saudi Arabia?
- The highest recorded value was 54.4% in 2016.
- What is the lowest monetary sector credit to private sector recorded in Saudi Arabia?
- The lowest recorded value was 2.8% in 1974.
- How does Saudi Arabia rank for monetary sector credit to private sector?
- Saudi Arabia ranks 73rd out of 187 countries with data for 2017.
- Is monetary sector credit to private sector rising or falling in Saudi Arabia?
- Over the last ten years it is up 35.2%. 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 database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.