Inflation Rate in Saudi Arabia decreased to 2.10 percent in July from 2.30 percent in June 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.

The Consumer Price Index in Saudi Arabia decreased 0 percent in July 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 2.14 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.27 percent. Compared to a year ago, we see an increase from...

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.

Cost of food in Saudi Arabia increased 1.60 percent in July 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.

Graph and download economic data for Consumer Price Inflation for Saudi Arabia (SAUPCPIPCHPT) from 2000 to 2025 about Saudi Arabia, consumer prices, REO, consumer, inflation, and rate.

Graph and download economic data for Core Consumer Price Inflation for Saudi Arabia (SAUPCPICOREPCHPT) from 2000 to 2025 about Saudi Arabia, consumer prices, core, REO, consumer, inflation, and rate.

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

Inflation rate of Saudi Arabia plummeted by 27.47% from 2.3 % in 2023 to 1.7 % in 2024. Since the 71.61% surge in 2016, inflation rate sank by 18.36% in 2024. 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.

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.

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 September of 2025.

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.

Inflation, monthly percent change in the CPI in Saudi Arabia, July, 2025 The most recent value is 0 percent as of July 2025, a decline compared to the previous value of 0.18 percent. Historically, the average for Saudi Arabia from February 2000 to July 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

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.

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.

Inflation Rate in the United Arab Emirates increased to 2.88 percent in July from 2.37 percent in June of 2025. This dataset provides the latest reported value for - United Arab Emirates Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2020 post the COVID-19 pandemic, Saudi Arabia had a change in the year-to-year inflation rate of about *** 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 *** in Kuwait. In the United Arab Emirates (UAE), beverage and tobacco prices have similarly increased since 2016.

Consumer Price Index CPI in Saudi Arabia remained unchanged at 113.74 points in July. This dataset provides - Saudi Arabia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2019, the inflation rate of the United Arab Emirates was at 1.93 percent compared to the previous year. For 2018, estimates show a sharp increase of over 3.07 percent, before inflation slumps back to around 2 percent in 2029.

Oil is keeping everything afloat

The economy of the United Arab Emirates heavily relies on oil and its respective revenues. The UAE possess vast stable oil reserves, and crude oil production is steadily increasing. Naturally, oil exports – mostly to the Asia-Pacific region – are the main economic driver, and the industrial and services sectors have divided generation of GDP almost evenly among themselves. Oil has caused the UAE economy to thrive and caused an impressive trade surplus just a few years ago, before a dramatic (but still not overly concerning) slump.

Oil is dragging everything down

When oil prices decreased, so did the trade surplus, and inflation mirrored this by skyrocketing from around one percent to over four percent in three years. Another three years later, in 2018, it spiked again at over 3.5 percent – another response to dropping oil prices. Diversifying the economy is one way for the UAE to diminish oil’s monopoly; tourism has been a growing industry over the last few years and might just stabilize inflation if another oil price slump hits.