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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Oxford Economics, & Kearney. (July 1, 2024). Central bank interest rates in Saudi Arabia from 2021 to 2023 [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics, und Kearney. "Central bank interest rates in Saudi Arabia from 2021 to 2023." Chart. July 1, 2024. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics, Kearney. (2024). Central bank interest rates in Saudi Arabia from 2021 to 2023. Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics, and Kearney. "Central Bank Interest Rates in Saudi Arabia from 2021 to 2023." Statista, Statista Inc., 1 Jul 2024, https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics & Kearney, Central bank interest rates in Saudi Arabia from 2021 to 2023 Statista, https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/ (last visited December 25, 2024)
Central bank interest rates in Saudi Arabia from 2021 to 2023 [Graph], Oxford Economics, & Kearney, July 1, 2024. [Online]. Available: https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/