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Saudi Arabia Annual Inflation Rate

Saudi Arabia's annual inflation rate fell to 1.69% in 2024, down from 2.33% in 2023, according to World Bank. This represents a decrease of 0.64% from the previous year. Saudi Arabia has annual inflation rate lower than the global median (1.69% vs median 3.16%). Compared with the median in Asia, Saudi Arabia is lower (1.69% vs regional median 2.56%) and ranks 30th out of 44 countries in Asia.

Yearly Historical Data (1964-2024)

(in %)
Year Annual Inflation Rate (%)
2024 1.69%
2023 2.33%
2022 2.47%
2021 3.06%
2020 3.45%
2019 -2.09%
2018 2.46%
2017 -0.84%
2016 2.07%
2015 1.2%
2014 2.24%
2013 3.53%
2012 2.87%
2011 5.83%
2010 5.34%
2009 5.06%
2008 9.87%
2007 4.17%
2006 2.21%
2005 0.48%
2004 0.52%
2003 0.61%
2002 0.25%
2001 -1.12%
2000 -1.13%
1999 -1.33%
1998 -0.37%
1997 0.06%
1996 1.22%
1995 4.87%
1994 0.56%
1993 1.06%
1992 -0.08%
1991 4.86%
1990 2.08%
1989 1.03%
1988 0.91%
1987 -1.55%
1986 -3.2%
1985 -3.06%
1984 -1.56%
1983 0.19%
1982 1.02%
1981 2.8%
1980 4.17%
1979 1.08%
1978 -1.58%
1977 11.4%
1976 31.56%
1975 34.58%
1974 21.44%
1973 16.51%
1972 4.33%
1971 4.47%
1970 0.18%
1969 3.5%
1968 1.59%
1967 2.1%
1966 1.55%
1965 0.39%
1964 2.8%
Saudi Arabia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Saudi Arabia.
Indicator Last Value Prior Value Period
Inflation Rate 2.2% 2.3% Sep'25
Inflation Rate MoM -0.1% 0.1% Sep'25
Wholesale Price Change (%) 2.1% 2.1% Sep'25