Central bank interest rates Saudi Arabia 2021-2023

Published by Statista Research Department, Sep 6, 2024

In 2023, refinancing interest rates at the Central Bank of Saudi Arabia reached 5.2 percent. This was a drastic increase over the previous year when interest rates stood at two percent. Since 2021, interest rates have consistently increased each subsequent year.

Central bank interest rates in Saudi Arabia from 2021 to 2023

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Release date

July 2024

Region

Saudi Arabia, MENA

Survey time period

2021 to 2023

Supplementary notes

* % refinancing operations

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