Graph and download economic data for Interest Rates, Discount Rate for Saudi Arabia (INTDSRSAM193N) from Jan 1999 to Mar 2013 about Saudi Arabia, interest rate, interest, and rate.

Key information about Saudi Arabia Policy Rate

• Saudi Arabia cash rate (Policy Rate: Month End: Official Repo Rate) was set at 5.00 % pa in Feb 2025, compared with 5.00 % pa in the previous Jan 2025.
• Saudi Arabia Policy Rate averaged 2.00 % pa and is updated monthly, available from Jan 2000 to Feb 2025.
• The data reached an all-time high of 7.00 % pa in Dec 2000 and a record low of 1.00 % pa in Feb 2022.

• In the latest reports, Saudi Arabia Short Term Interest Rate: Monthly Avg: SIBOR: 3 Months was reported at 5.52 % pa in Dec 2024.
• Saudi Arabia Exchange Rate against USD averaged 3.75 (USD/SAR) in Jun 2023.
• Its Real Effective Exchange Rate was 129.93 in Jan 2025.

In 2024, next to an add-to-cart rate of 7.4%, a cart abandonment rate of 73.2%, and a conversion rate of 2%, the eCommerce Benchmark KPIs for Erotic & Adult in Saudi Arabia also consist of an AOV of US$49.4, a discount rate of 9.5%, and a return rate of 1.2%.

In 2024, next to an add-to-cart rate of 9.4%, a cart abandonment rate of 69.2%, and a conversion rate of 2.9%, the eCommerce Benchmark KPIs for Pet Supplies in Saudi Arabia also consist of an AOV of US$47.7, a discount rate of 9.4%, and a return rate of 2.2%.

In 2024, next to an add-to-cart rate of 10.6%, a cart abandonment rate of 74.2%, and a conversion rate of 2.7%, the eCommerce Benchmark KPIs for Smoking Supplies in Saudi Arabia also consist of an AOV of US$66.7, a discount rate of 9.8%, and a return rate of 1.3%.

In 2024, next to an add-to-cart rate of 10.2%, a cart abandonment rate of 85.2%, and a conversion rate of 1.5%, the eCommerce Benchmark KPIs for Furniture & Homeware in Saudi Arabia also consist of an AOV of US$159.5, a discount rate of 10.7%, and a return rate of 3.6%.

In 2024, next to an add-to-cart rate of 9.4%, a cart abandonment rate of 74.3%, and a conversion rate of 2.4%, the eCommerce Benchmark KPIs for Hobby & Leisure in Saudi Arabia also consist of an AOV of US$59.5, a discount rate of 8.5%, and a return rate of 3.1%.

In 2024, next to an add-to-cart rate of 7%, a cart abandonment rate of 73.3%, and a conversion rate of 1.9%, the eCommerce Benchmark KPIs for Electronics in Saudi Arabia also consist of an AOV of US$89.7, a discount rate of 10.3%, and a return rate of 6.3%.

Physical credit cards were used significantly more for e-commerce than in-store payments in selected countries in Africa and the Middle East in 2023. This popularity is somewhat surprising when compared to the relatively low penetration rates for credit cards within countries in the region. Religious concerns initially made it difficult for credit cards to find acceptance in Africa and the Middle East. Banks tried to change this, both by creating Shariah-compliant cards as well as offering rewards programs or discounts. Islamic finance is especially large in Saudi Arabia, owning nearly one third of Islamic banking assets.

In 2024, next to an add-to-cart rate of 10.4%, a cart abandonment rate of 76.8%, and a conversion rate of 2.4%, the eCommerce Benchmark KPIs for Toys in Saudi Arabia also consist of an AOV of US$52.6, a discount rate of 6.7%, and a return rate of 3.4%.

In 2024, next to an add-to-cart rate of 5.2%, a cart abandonment rate of 76.5%, and a conversion rate of 1.2%, the eCommerce Benchmark KPIs for Vehicle Parts in Saudi Arabia also consist of an AOV of US$163.8, a discount rate of 7.6%, and a return rate of 8.3%.