Saudi Arabia: Foreign exchange reserves

* indicates monthly or quarterly data series
 Saudi Arabia

Foreign exchange reserves, billion currency units

 Latest value 1707.39
 Reference March 2024
 Measure billion Saudi Riyal
 Data availability January 2001 - March 2024
 Average 1485.7
 Min - Max 155.3 - 2796.94
 Source Saudi Arabian Monetary Authority
For that indicator, we provide data for Saudi Arabia from January 2001 to March 2024. The average value for Saudi Arabia during that period was 1485.7 billion Saudi Riyal with a minimum of 155.3 billion Saudi Riyal in September 2002 and a maximum of 2796.94 billion Saudi Riyal in August 2014. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series

Recent values chart
Saudi Arabia - Foreign exchange reserves - recent values

Historical chart
Saudi Arabia - Foreign exchange reserves - historical chart - 2001-2024
Measure: billion Saudi Riyal
Source: Saudi Arabian Monetary Authority

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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 139.90 2021 percent
 Trade openness 63.51 2022 percent
 Financial openness 1.034 2021 index points
 Exports, percent of GDP 40.22 2022 percent
 Exports, billion dollars 445.88 2022 billion U.S. dollars
 Growth of exports 17.82 2022 percent
 Imports, percent of GDP 23.29 2022 percent
 Imports, billion dollars 258.21 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.53 2022 percent
 Foreign Direct Investment, billion dollars 7.89 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2004 million dollars (current)
 Current account, percent of GDP 13.67 2022 percent
 Current account, in dollars 153.49 2022 billion U.S. dollars
 Trade balance, percent of GDP 16.93 2022 percent
 Trade balance, in dollars 187.67 2022 billion U.S. dollars
 Reserves 478.23 2022 billion U.S. dollars
 Remittances, percent of GDP 0.03 2022 percent
 Remittances 287.02 2022 million U.S. dollars
 Net errors and omissions -7,805.82 2022 million USD
 Foreign exchange reserves 1,648.08 9/2023 billion
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