Total Credit to Households and NPISHs, Adjusted for Breaks, for Saudi Arabia
Billions of Saudi Riyals
QSAHAMXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,437.90
Year-over-Year Change
33.85%
Date Range
1/1/1998 - 10/1/2024
Summary
The 'Billions of Saudi Riyals' trend measures the total value of assets held by Saudi Arabian commercial banks. This data provides insights into the health and growth of the Saudi banking sector.
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
This economic indicator tracks the aggregate value of assets held by commercial banks operating in Saudi Arabia. It is a key measure of financial intermediation and the scale of banking activities within the Saudi economy.
Methodology
The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to assess the broader financial conditions and credit environment in the Kingdom of Saudi Arabia.
Key Facts
- Saudi Arabia has one of the largest banking sectors in the Middle East.
- Total commercial bank assets in Saudi Arabia exceeded 3 trillion riyals in 2021.
- The Saudi banking sector has experienced steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of Saudi Riyals' trend measures the total value of assets held by commercial banks operating in Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the scale and health of the Saudi banking sector, which is a crucial part of the country's financial system and economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors monitor this trend to assess broader financial conditions and credit environment in Saudi Arabia.
Q: Are there update delays or limitations?
A: The data is reported by SAMA on a regular basis, but there may be some delays in publishing the latest figures.
Related Trends
Number of Identified Exporters to Saudi Arabia from Massachusetts
MASAUA475SCEN
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Saudi Arabia
DDDI12SAA156NWDB
Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Saudi Arabia
QSANAMXDCU
Broad Money for Saudi Arabia
SAUFMBPCHPT
Nominal General Government Final Consumption Expenditure for Saudi Arabia
NCGGNSAXDCSAQ
Number of Bank Accounts for Saudi Arabia
DDAI01SAA642NWDB
Citation
U.S. Federal Reserve, Billions of Saudi Riyals (QSAHAMXDCA), retrieved from FRED.