Private credit by deposit money banks to GDP in Saudi Arabia
Saudi Arabia: Private credit by deposit money banks to GDP was 54.0% in 2017. ◆ Volatile
Private credit by deposit money banks to GDP in Saudi Arabia, 1968–2017
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Saudi Arabia recorded 54.0% for private credit by deposit money banks to gdp in 2017.
That represents a change of down 7.1% on the previous year and up 45.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Saudi Arabia peaked at 58.1% in 2016 and was at its lowest, 2.8%, in 1974.
That places Saudi Arabia 75th 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.
Private credit by deposit money banks to GDP in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 1968 | 7.4% | — |
| 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 | 13.1% | +37.4% |
| 1984 | 14.8% | +12.5% |
| 1985 | 16.9% | +14.4% |
| 1986 | 19.5% | +15.3% |
| 1987 | 19.4% | -0.5% |
| 1988 | 22.4% | +15.6% |
| 1989 | 21.9% | -2.2% |
| 1990 | 16.1% | -26.5% |
| 1991 | 16.7% | +3.6% |
| 1992 | 16.8% | +0.4% |
| 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 | 34.1% | -12.9% |
| 2012 | 36.3% | +6.6% |
| 2013 | 40.2% | +10.7% |
| 2014 | 44.3% | +10.1% |
| 2015 | 55.9% | +26.3% |
| 2016 | 58.1% | +3.9% |
| 2017 | 54.0% | -7.1% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 54.0% is below the median for high income countries, which is 79.1%, 68% of the median. (62 countries reporting)
- Saudi Arabia's 54.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 84% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.7% | 7.4% | 8.0% | 2 |
| 1970s | 4.9% | 2.8% | 7.1% | 10 |
| 1980s | 15.1% | 6.8% | 22.4% | 10 |
| 1990s | 21.3% | 16.1% | 29.2% | 10 |
| 2000s | 33.0% | 24.2% | 45.6% | 10 |
| 2010s | 45.3% | 34.1% | 58.1% | 8 |
Countries ranked near Saudi Arabia
- 72 Russian Federation 56.3% compare
- 73 Costa Rica 56.0% compare
- 74 United States of America 54.6% compare
- 76 Croatia 54.0% compare
- 77 North Macedonia 53.7% compare
- 78 Czechia 53.6% 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 private credit by deposit money banks to gdp in Saudi Arabia?
- Private credit by deposit money banks to gdp in Saudi Arabia was 54.0% in 2017, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Saudi Arabia?
- The highest recorded value was 58.1% in 2016.
- What is the lowest private credit by deposit money banks to gdp recorded in Saudi Arabia?
- The lowest recorded value was 2.8% in 1974.
- How does Saudi Arabia rank for private credit by deposit money banks to gdp?
- Saudi Arabia ranks 75th out of 187 countries with data for 2017.
- Is private credit by deposit money banks to gdp rising or falling in Saudi Arabia?
- Over the last ten years it is up 45.6%. 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 Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).