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Saudi Arabia Private Credit (% GDP)

Saudi Arabia's private credit (% GDP) fell to 50.14% in 2017, down from 54.38% in 2016, according to World Bank. This represents a decrease of 4.24% from the previous year. Saudi Arabia has private credit (% GDP) higher than the global median (50.14% vs median 39.47%). Compared with the median in Asia, Saudi Arabia is lower (50.14% vs regional median 59.91%) and ranks 24th out of 41 countries in Asia.

Yearly Historical Data (1960-2017)

(in %)
Year Private Credit (% GDP)
2017 50.14%
2016 54.38%
2015 52.76%
2014 42.56%
2013 39.01%
2012 35.57%
2011 33.63%
2010 39.16%
2009 45.63%
2008 37.68%
2007 37.07%
2006 33.72%
2005 35.42%
2004 32.35%
2003 28.23%
2002 28.95%
2001 27.09%
2000 24.24%
1999 26.74%
1998 29.19%
1997 21.51%
1996 20.79%
1995 22.57%
1994 22.36%
1993 20.47%
1992 16.76%
1991 14.87%
1990 14.82%
1989 20.52%
1988 21.34%
1987 18.32%
1986 18.4%
1985 15.89%
1984 14.15%
1983 12.74%
1982 9.55%
1981 6.94%
1980 6.8%
1979 7.11%
1978 5.28%
1977 4.08%
1976 4.37%
1975 4.09%
1974 2.75%
1973 4.27%
1972 4.55%
1971 5.63%
1970 7.07%
1969 7.99%
1968 7.35%
1967 8.41%
1966 9.43%
1965 8.66%
1964 7.8%
1963 6.99%
1962 7.66%
1961 7.31%
1960 6.98%
Saudi Arabia Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Saudi Arabia.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -0.5% 2.9% Dec'24
Debt to GDP Ratio 26.2% 23% Dec'24
Repo Rate 4.75% 5% Sep'25