In 2022, the total value of local transfers with electronic monetary institutions (EMI) digital wallets in Saudi Arabia stood at 15 billion Saudi riyals. After initially witnessing strong growth during the first four years between 2018 and 2021, the value of local transfers showed only little growth by 2022. The biggest increase was seen in 2021 when local transfers jumped by nine billion SAR over the previous year.
Total value of local transfers in Saudi Arabia with electronic monetary institutions (EMI) digital wallets from 2018 to 2022
(in million Saudi riyals)
Note: some figures have been rounded for better understanding.
1 SAR (Saudi riyal) is equal to approximately 0.27 U.S. dollars and 0.25 euros (as of November 2023).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Saudi Central Bank. (September 4, 2023). Total value of local transfers in Saudi Arabia with electronic monetary institutions (EMI) digital wallets from 2018 to 2022 (in million Saudi riyals) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1422608/saudi-arabia-total-value-local-transfers-emi-digital-wallets/
Saudi Central Bank. "Total value of local transfers in Saudi Arabia with electronic monetary institutions (EMI) digital wallets from 2018 to 2022 (in million Saudi riyals)." Chart. September 4, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1422608/saudi-arabia-total-value-local-transfers-emi-digital-wallets/
Saudi Central Bank. (2023). Total value of local transfers in Saudi Arabia with electronic monetary institutions (EMI) digital wallets from 2018 to 2022 (in million Saudi riyals). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1422608/saudi-arabia-total-value-local-transfers-emi-digital-wallets/
Saudi Central Bank. "Total Value of Local Transfers in Saudi Arabia with Electronic Monetary Institutions (Emi) Digital Wallets from 2018 to 2022 (in Million Saudi Riyals)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1422608/saudi-arabia-total-value-local-transfers-emi-digital-wallets/
Saudi Central Bank, Total value of local transfers in Saudi Arabia with electronic monetary institutions (EMI) digital wallets from 2018 to 2022 (in million Saudi riyals) Statista, https://www.statista.com/statistics/1422608/saudi-arabia-total-value-local-transfers-emi-digital-wallets/ (last visited November 21, 2024)
Total value of local transfers in Saudi Arabia with electronic monetary institutions (EMI) digital wallets from 2018 to 2022 (in million Saudi riyals) [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1422608/saudi-arabia-total-value-local-transfers-emi-digital-wallets/
