Saudi Arabia: Domestic credit to the private sector
* indicates monthly or quarterly data series
| Saudi Arabia |
Domestic credit to the private sector, percent of GDP |
|---|---|
| Latest value | 53.97 |
| Year | 2017 |
| Measure | percent |
| Data availability | 1968 - 2017 |
| Average | 22.24 |
| Min - Max | 2.75 - 58.11 |
| Source | The World Bank |
The latest value from 2017 is 53.97 percent, a decline from 58.11 percent in 2016. In comparison, the world average is 54.95 percent, based on data from 169 countries. Historically, the average for Saudi Arabia from 1968 to 2017 is 22.24 percent. The minimum value, 2.75 percent, was reached in 1974 while the maximum of 58.11 percent was recorded in 2016.
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Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 62.04 | 2021 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 273,253.87 | 2021 | bank accounts |
| Bank branches per 100,000 people | 1,501.22 | 2021 | bank branches |
| Percent people with credit cards | 25.42 | 2021 | percent |
| Percent people with debit cards | 71.90 | 2021 | percent |
| Domestic credit to the private sector | 53.97 | 2017 | percent |
| Bank credit to the private sector | 51.98 | 2017 | percent |
| Liquid liabilities, percent of GDP | 70.10 | 2017 | percent |
| Bank assets to GDP | 66.04 | 2017 | percent |
| Financial system deposits, percent of GDP | 38.75 | 2017 | percent |
| Bank credit to government | 12.07 | 2017 | percent |
| Banking system concentration | 73.12 | 2021 | percent |
| Foreign bank assets | 0.00 | 2013 | percent of total bank assets |
| Percent people with bank accounts | 74.32 | 2021 | percent |