Net domestic credit (current LCU) in Saudi Arabia
Saudi Arabia: Net domestic credit (current LCU) was 1.00 trillion current LCU in 2017. ◆ Volatile
Latest (2017)
1.00 trillion current LCU
Change on year
up 21.6%
World rank
94th
of 187 countries
All-time high
1.00 trillion current LCU
in 2017
All-time low
-280.60 billion current LCU
in 1982
Years of data
57
1961–2017
Net domestic credit in Saudi Arabia, 1961–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2017, net domestic credit in Saudi Arabia stood at 1.00 trillion current LCU. That is the highest value across all 57 years on record.
That represents a change of up 21.6% on the previous year and up 298.9% over ten years.
Over the whole period, net domestic credit in Saudi Arabia peaked at 1.00 trillion current LCU in 2017 and was at its lowest, -280.60 billion current LCU, in 1982.
That places Saudi Arabia 94th out of 187 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.
Net domestic credit (current LCU) in Saudi Arabia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 252.00 million current LCU | — |
| 1962 | 344.00 million current LCU | +36.5% |
| 1963 | -562.00 million current LCU | -263.4% |
| 1964 | -651.00 million current LCU | +15.8% |
| 1965 | -927.00 million current LCU | +42.4% |
| 1966 | -708.00 million current LCU | -23.6% |
| 1967 | -1.11 billion current LCU | +57.1% |
| 1968 | -219.70 million current LCU | -80.2% |
| 1969 | 594.30 million current LCU | -370.5% |
| 1970 | 393.40 million current LCU | -33.8% |
| 1971 | -1.76 billion current LCU | -547.6% |
| 1972 | -6.37 billion current LCU | +261.9% |
| 1973 | -9.46 billion current LCU | +48.5% |
| 1974 | -40.42 billion current LCU | +327.3% |
| 1975 | -82.67 billion current LCU | +104.5% |
| 1976 | -115.10 billion current LCU | +39.2% |
| 1977 | -122.65 billion current LCU | +6.6% |
| 1978 | -97.54 billion current LCU | -20.5% |
| 1979 | -82.05 billion current LCU | -15.9% |
| 1980 | -145.40 billion current LCU | +77.2% |
| 1981 | -277.52 billion current LCU | +90.9% |
| 1982 | -280.60 billion current LCU | +1.1% |
| 1983 | -246.51 billion current LCU | -12.1% |
| 1984 | -199.18 billion current LCU | -19.2% |
| 1985 | -172.53 billion current LCU | -13.4% |
| 1986 | -59.16 billion current LCU | -65.7% |
| 1987 | 3.91 billion current LCU | -106.6% |
| 1988 | 33.65 billion current LCU | +760.0% |
| 1989 | 56.74 billion current LCU | +68.6% |
| 1990 | 56.30 billion current LCU | -0.8% |
| 1991 | 74.90 billion current LCU | +33.0% |
| 1992 | 106.66 billion current LCU | +42.4% |
| 1993 | 125.52 billion current LCU | +17.7% |
| 1994 | 154.62 billion current LCU | +23.2% |
| 1995 | 163.26 billion current LCU | +5.6% |
| 1996 | 160.00 billion current LCU | -2.0% |
| 1997 | 189.24 billion current LCU | +18.3% |
| 1998 | 224.88 billion current LCU | +18.8% |
| 1999 | 247.81 billion current LCU | +10.2% |
| 2000 | 245.48 billion current LCU | -0.9% |
| 2001 | 270.12 billion current LCU | +10.0% |
| 2002 | 289.50 billion current LCU | +7.2% |
| 2003 | 348.50 billion current LCU | +20.4% |
| 2004 | 391.52 billion current LCU | +12.3% |
| 2005 | 354.76 billion current LCU | -9.4% |
| 2006 | 300.70 billion current LCU | -15.2% |
| 2007 | 251.02 billion current LCU | -16.5% |
| 2008 | -71.20 billion current LCU | -128.4% |
| 2009 | 8.43 billion current LCU | -111.8% |
| 2010 | -2.47 billion current LCU | -129.3% |
| 2011 | -103.25 billion current LCU | +4079.3% |
| 2012 | -280.18 billion current LCU | +171.3% |
| 2013 | -220.12 billion current LCU | -21.4% |
| 2014 | 50.07 billion current LCU | -122.7% |
| 2015 | 502.99 billion current LCU | +904.7% |
| 2016 | 823.73 billion current LCU | +63.8% |
| 2017 | 1.00 trillion current LCU | +21.6% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 1.00 trillion current LCU is above the median for high income countries, which is 701.01 billion current LCU, 1.4× the median. (61 countries reporting)
- Saudi Arabia's 1.00 trillion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 trillion current LCU, 65% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 |
|---|---|---|---|
| 2011 | -4079.3% | -2.47 billion current LCU | -103.25 billion current LCU |
| 2015 | +904.7% | 50.07 billion current LCU | 502.99 billion current LCU |
| 1988 | +760.0% | 3.91 billion current LCU | 33.65 billion current LCU |
| 1971 | -547.6% | 393.40 million current LCU | -1.76 billion current LCU |
| 1969 | +370.5% | -219.70 million current LCU | 594.30 million current LCU |
| 1974 | -327.3% | -9.46 billion current LCU | -40.42 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -332.16 million current LCU | -1.11 billion current LCU | 594.30 million current LCU | 9 |
| 1970s | -55.76 billion current LCU | -122.65 billion current LCU | 393.40 million current LCU | 10 |
| 1980s | -128.66 billion current LCU | -280.60 billion current LCU | 56.74 billion current LCU | 10 |
| 1990s | 150.32 billion current LCU | 56.30 billion current LCU | 247.81 billion current LCU | 10 |
| 2000s | 238.88 billion current LCU | -71.20 billion current LCU | 391.52 billion current LCU | 10 |
| 2010s | 221.52 billion current LCU | -280.18 billion current LCU | 1.00 trillion current LCU | 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 net domestic credit in Saudi Arabia?
- Net domestic credit in Saudi Arabia was 1.00 trillion current LCU in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Saudi Arabia?
- The highest recorded value was 1.00 trillion current LCU in 2017.
- What is the lowest net domestic credit recorded in Saudi Arabia?
- The lowest recorded value was -280.60 billion current LCU in 1982.
- How does Saudi Arabia rank for net domestic credit?
- Saudi Arabia ranks 94th out of 187 countries with data for 2017.
- Is net domestic credit rising or falling in Saudi Arabia?
- Over the last ten years it is up 298.9%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.