Inflation Rate in Saudi Arabia remained unchanged at 2.20 percent in October. 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.

The Consumer Price Index in Saudi Arabia increased 0.30 percent in October 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.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Saudi Arabia was 2.18 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.2 percent. Compared to a year ago, we see an increase from...

Historical dataset showing Saudi Arabia inflation rate by year from 1964 to 2024.

Monthly and long-term Saudi Arabia Inflation data: historical series and analyst forecasts curated by FocusEconomics.

Actual value and historical data chart for Saudi Arabia Inflation Consumer Prices Annual Percent

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.

Cost of food in Saudi Arabia increased 1.50 percent in October 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.

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.

Saudi Arabia: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Saudi Arabia from 1980 to 2030 is 1.37 percent. The minimum value, -3.17 percent, was reached in 1986 while the maximum of 7.31 percent was recorded in 2007.

Time series data for the statistic Inflation_Rate and country Saudi Arabia. Indicator Definition:Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.The statistic "Inflation Rate" stands at 1.69 percent as of 12/31/2024, the lowest value since 12/31/2020. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.6392 compared to the value the year prior.The Serie's long term average value is 1.93 percent. It's latest available value, on 12/31/2024, is -0.246 lower, compared to it's long term average value.The Serie's change from it's minimum value, on 12/31/2019, to it's latest available value, on 12/31/2024, is +3.78 .The Serie's change in percentage points from it's maximum value, on 12/31/2008, to it's latest available value, on 12/31/2024, is -8.18.

The 'Inflation Rate YoY' in Saudi Arabia measures the percentage change in the Consumer Price Index (CPI) compared to the same month in the previous year.-2024-06-15

Key information about Saudi Arabia Consumer Price Index CPI growth

• Saudi Arabia Consumer Price Index (CPI) growth was measured at 2.2 % YoY in Oct 2025, compared with a rate of 2.2 % in the previous month.
• Saudi Arabia Consumer Price Index growth data is updated monthly, available from Feb 1981 to Oct 2025, with an averaged number of 0.8 % YoY.
• The data reached an all-time high of 11.1 % YoY in Jul 2008 and a record low of -4.2 % YoY in Sep 1985.

CEIC extends history for monthly Consumer Price Index Growth. General Authority for Statistics provides Consumer Price Index Growth with base 2023=100. Consumer Price Index Growth prior to January 2014 is calculated from Consumer Price Index Growth with base 2018=100. Consumer Price Index Growth prior to December 1981 is sourced from the International Monetary Fund. [COVID-19-IMPACT]

The 'Inflation Rate YoY' in Saudi Arabia measures the percentage change in the Consumer Price Index (CPI) compared to the same month in the previous year.-2024-12-14

Consumer Price Index CPI in Saudi Arabia increased to 104.10 points in October from 103.80 points in September of 2025. This dataset provides - Saudi Arabia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the ratio of national debt to gross domestic product (GDP) of Saudi Arabia stood at about 29.87 percent. Between 1991 and 2024, the figure dropped by approximately 9.48 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by around 16.05 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Between 2019 and 2024, United Arab Emirates observed net inflation of medical costs at the rate of **** percent, which was the highest among the Gulf Cooperation Council (GCC) countries. The lowest health inflation rate was reported in Oman at *** percent.

The national debt of Saudi Arabia was about 324.25 billion U.S. dollars in 2024. Between 1991 and 2024, the national debt rose by approximately 272.29 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 306.70 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

The 'Inflation Rate MoM' in Saudi Arabia measures the percentage change in the price level of a basket of goods and services from one month to the next.-2024-12-14