In 2020 post the COVID-19 pandemic, Saudi Arabia had a change in the year-to-year inflation rate of about 3.4 percent. Among the various regions of the world, it was predicted that the Middle East and North Africa (MENA) region would have the highest inflation rate in 2021.
Inflation on the rise worldwide
Inflation refers to the increase in the prices of goods and services in an economy. Global inflation has been on the rise due to many factors, including supply chain interruptions brought about after major COVID-19 lockdowns. The global inflation rate was expected to peak in 2022 compared to the previous 20 years.
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.
PwC. (June 1, 2021). Year-over-year inflation rate change across the Middle East and North Africa region in 2020 and a projection for 2021, by country [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/944881/middle-east-inflation-rate-by-country/
PwC. "Year-over-year inflation rate change across the Middle East and North Africa region in 2020 and a projection for 2021, by country." Chart. June 1, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/944881/middle-east-inflation-rate-by-country/
PwC. (2021). Year-over-year inflation rate change across the Middle East and North Africa region in 2020 and a projection for 2021, by country. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/944881/middle-east-inflation-rate-by-country/
PwC. "Year-over-year Inflation Rate Change across The Middle East and North Africa Region in 2020 and a Projection for 2021, by Country." Statista, Statista Inc., 1 Jun 2021, https://www.statista.com/statistics/944881/middle-east-inflation-rate-by-country/
PwC, Year-over-year inflation rate change across the Middle East and North Africa region in 2020 and a projection for 2021, by country Statista, https://www.statista.com/statistics/944881/middle-east-inflation-rate-by-country/ (last visited August 25, 2024)
Year-over-year inflation rate change across the Middle East and North Africa region in 2020 and a projection for 2021, by country [Graph], PwC, June 1, 2021. [Online]. Available: https://www.statista.com/statistics/944881/middle-east-inflation-rate-by-country/