Explore Saudi Arabia:Overview of the economy
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Saudi Arabia: Interest rates on bank credit to the private sector: For that indicator, The World Bank provides data for Saudi Arabia from to . The average value for Saudi Arabia during that period was percent with a minumum of 0 percent in 2020 and a maximum of -1000000000000000 percent in .
The lending interest rate in Saudi Arabia shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households. Lending interest rate rankings around the world. Create and download charts for Saudi Arabia Lending interest rate and other indicators with the country comparator.
World Bank definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.