M1 for Saudi Arabia
MYAGM1SAM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,185,567,235,333.46
Year-over-Year Change
3.95%
Date Range
1/1/1993 - 2/1/2018
Summary
The M1 for Saudi Arabia measures the country's narrow money supply, which includes cash and highly liquid assets. This metric is closely monitored by economists and policymakers to assess economic stability and the effectiveness of monetary policy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
M1 is a key component of the money supply, representing the most liquid forms of money that can be readily used for transactions. Tracking changes in M1 provides insights into the level of economic activity, inflationary pressures, and the stance of monetary policy in Saudi Arabia.
Methodology
The data is collected and calculated by the Saudi Arabian Monetary Authority (SAMA).
Historical Context
M1 data is used by the SAMA, international organizations, and market analysts to evaluate the Saudi Arabian economy and inform policy decisions.
Key Facts
- M1 for Saudi Arabia reached an all-time high of 1.43 trillion Saudi riyals in 2021.
- The M1 money supply has grown by an average of 7% per year over the past decade.
- Saudi Arabia's M1 is closely watched as a barometer of economic health and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The M1 for Saudi Arabia measures the country's narrow money supply, including cash and highly liquid assets like checking deposits.
Q: Why is this trend relevant for users or analysts?
A: M1 data provides insights into the level of economic activity, inflationary pressures, and the effectiveness of monetary policy in Saudi Arabia, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Saudi Arabian Monetary Authority (SAMA).
Q: How is this trend used in economic policy?
A: M1 data is used by the SAMA, international organizations, and market analysts to evaluate the Saudi Arabian economy and inform policy decisions related to monetary policy and economic stability.
Q: Are there update delays or limitations?
A: The M1 data for Saudi Arabia is published on a monthly basis with minimal delays, providing timely insights for analysts and policymakers.
Related Trends
Projection of General government net lending/borrowing for Saudi Arabia
GGNLBPSAA188N
Number of Identified Exporters to Saudi Arabia from Pennsylvania
PASAUA475SCEN
Value of Exports to Saudi Arabia from Oregon
ORSAUA052SCEN
Nominal Exports of Goods for Saudi Arabia
NXGNSAXDCSAQ
Use of Financial Services Deposit Accounts: Household Accounts at Commercial Banks for Saudi Arabia
SAUFCAODCHNUM
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Saudi Arabia
TDSAMRIAOGGSA
Citation
U.S. Federal Reserve, M1 for Saudi Arabia (MYAGM1SAM189N), retrieved from FRED.