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Inflation Rate in Saudi Arabia increased to 2.30 percent in June from 2.20 percent in May of 2025. This dataset provides - Saudi Arabia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows the inflation rate in Saudi Arabia from 1987 to 2022, with projections up until 2030. In 2023, the average inflation rate amounted to 2.33 percent compared to the previous year. Oil production in Saudi Arabia Saudi Arabia’s economy relies heavily on production and export of oil and petroleum. A look at the distribution of global oil reserves by country shows that only Venezuela possesses a higher share in global oil reserves than the Arab state. All in all, Saudi Arabia’s economy is doing quite well. The oil reserves in Saudi Arabia have increased over the last two decades, and the same can be said for the country’s gross domestic product. The unemployment rate has been stable, while the trade balance has shown a steady upwards trend with a significant jump in 2011. Accordingly, Saudi Arabia’s national debt in relation to gross domestic product has been decreasing dramatically over the last ten years. Saudi Arabia is also among the countries with the highest oil consumption worldwide; a ranking of the share of the major consuming countries in global oil consumption, which is led by the United States (which consume almost one fifth of global oil), places Saudi Arabia sixth, behind the US, Russia, and China. Being one of the leading oil producing countries, Saudi Arabia is also a member of OPEC (Organization of the Petroleum Exporting Countries), an association whose primary goal is regulating crude oil prices worldwide and coordinating the oil production and trade of the member countries. According to OPEC, the average price for crude oil has been rising since the 1960s.
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The Consumer Price Index in Saudi Arabia increased 0.20 percent in June of 2025 over the previous month. This dataset provides - Saudi Arabia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.
As of 2021, the consumer price inflation for Saudi Arabia was *** percent. The consumer price inflation for Saudi Arabia was projected to decrease to *** percent in 2023. The overall projection of the consumer price inflation for the entire Middle East and North Africa was on average **** percent.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Saudi Arabia was 2.27 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.22 percent. Compared to a year ago, we see an increase from...
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Graph and download economic data for Inflation, consumer prices for Saudi Arabia (FPCPITOTLZGSAU) from 1964 to 2024 about Saudi Arabia, consumer, CPI, inflation, price index, indexes, and price.
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Cost of food in Saudi Arabia increased 1.50 percent in June of 2025 over the same month in the previous year. This dataset provides - Saudi Arabia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Inflation, consumer prices (annual %) in Saudi Arabia was reported at 1.6879 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Inflation, monthly percent change in the CPI in Saudi Arabia, June, 2025 The most recent value is 0.18 percent as of June 2025, an increase compared to the previous value of 0.07 percent. Historically, the average for Saudi Arabia from February 2000 to June 2025 is 0.19 percent. The minimum of -1.05 percent was recorded in January 2019, while the maximum of 5.87 percent was reached in July 2020. | TheGlobalEconomy.com
Explore the Saudi Arabia Inflation Rate dataset to analyze the Consumer Price Index (CPI) trends in Saudi Arabia. Stay informed with the latest data from the Saudi Arabian Monetary Authority (SAMA) Daily reports.
Saudi Arabia CPI, Saudi Arabia Inflation Rate, SAMA Daily
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This dataset is about the Inflation for Saudi Arabia for 2009 - Jan 2020 (Base year 2007 & 2013). Data from Saudi Arabian Monetary Authority. Follow datasource.kapsarc.org for timely data to advance energy economics research.Note:- Data found here from January 2018 till January 2020 was 2013 base year CPI calculation- Data found here from October 2009 till December 2017 was 2007 base year CPI calculation.You can find Saudi Arabia Inflation Rate with the latest 2018 base year on KAPSARC Dataportal.
In 2023, the consumer price index in Saudi Arabia dropped to *** percent. This was a slight drop from the previous year when the CPI was *** percent. The CPI had peaked at *** percent in 2021.
As of June 2024, the year-on-year inflation rate in Saudi Arabia was *** percent. This was similar to the inflation rate in the previous year, which stood at approximately *** percent.
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Key information about Saudi Arabia Consumer Price Index CPI growth
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Consumer Price Index CPI in Saudi Arabia increased to 113.74 points in June from 113.54 points in May of 2025. This dataset provides - Saudi Arabia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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ABSTRACT Food prices play a major role in setting inflation rates, and in recent years’ global climatic conditions has worsened a lot while global demand is increasing due to the growth of the middle class in countries such as China and India. Rising food prices remains a key concern for the government of Saudi Arabia. Saudi Arabia remains vulnerable to increases in food prices due to its high dependence on imports. The Saudi economy is an open-market based economy which is reflected by data of foreign trade with trading partners of the Kingdom. High degree of economic openness of a country causes the domestic inflation rate to be affected by change in the prices of goods in the country of origin. Saudi government is facing the challenge of limiting inflation amid a spike in global food prices. Another major challenge to the effectiveness of the Saudi monetary policy is the lack of autonomy due to the pegged exchange rate system with the US dollar. This paper attempts to study the market dynamics of the kingdom of Saudi Arabia, drivers responsible for inflation and measures that has been taken by the government to deal with the situation.
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Saudi Arabia Consumer Price Index (CPI): YoY: Food and Beverages (FB) data was reported at 2.038 % in Mar 2025. This records an increase from the previous number of 1.023 % for Feb 2025. Saudi Arabia Consumer Price Index (CPI): YoY: Food and Beverages (FB) data is updated monthly, averaging 1.510 % from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 14.304 % in Jul 2020 and a record low of -3.200 % in Jan 2017. Saudi Arabia Consumer Price Index (CPI): YoY: Food and Beverages (FB) data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I001: Consumer Price Index: Year Over Year.
As of 2020, the inflation rate of Saudi Arabia was about *** percent. In comparison, the inflation rate of Qatar was negative *** percent for the same year. Influence of inflation on consumers Inflation is predicted to increase rapidly worldwide. This has also brought changes in the purchasing behavior of consumers. Consumers have changed their purchasing habits toward purchasing apparel, electronics, and beauty products with the increase in the prices of goods. A survey revealed the rising costs of groceries had impacted consumers’ online shopping behavior the most. Inflation rate in the MENA region Among the Middle East countries, the year-on-year inflation rate was projected to grow from negative *** percent to *** percent for Oman by 2021. It was also forecasted that the average inflation rate of Qatar would increase significantly over the years.
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. Inflation in MENA Inflation comes with varied impacts. It increases the prices of goods and services and subsequently reduces the purchasing power. In 2021, the consumer price index (CPI) of tobacco and narcotics increased to nearly 135 in Kuwait. In the United Arab Emirates (UAE), beverage and tobacco prices have similarly increased since 2016.
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Saudi Arabia Consumer Price Index (CPI): Riyadh: HW: Actual Rentals for Housing data was reported at 154.460 2018=100 in Mar 2025. This records an increase from the previous number of 153.080 2018=100 for Feb 2025. Saudi Arabia Consumer Price Index (CPI): Riyadh: HW: Actual Rentals for Housing data is updated monthly, averaging 100.645 2018=100 from Feb 2020 (Median) to Mar 2025, with 62 observations. The data reached an all-time high of 154.460 2018=100 in Mar 2025 and a record low of 93.280 2018=100 in Jul 2021. Saudi Arabia Consumer Price Index (CPI): Riyadh: HW: Actual Rentals for Housing data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I004: Consumer Price Index: 2018=100: by Region.
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Inflation Rate in Saudi Arabia increased to 2.30 percent in June from 2.20 percent in May of 2025. This dataset provides - Saudi Arabia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.