Money in Saudi Arabia
The economy recorded average M3 money supply growth of 6.0% in the decade to 2022. Money supply growth in 2022 was 8.1%, up from the 7.4% figure in 2021. For more monetary base information, visit our dedicated page.
Saudi Arabia Monetary Base Chart
Note: This chart displays Money (ann. var. of M3 %) for Saudi Arabia from 2014 to 2023.
Source: Macrobond.
Saudi Arabia Monetary Base Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Money (ann. var. of M3 %) | 7.1 | 8.3 | 7.4 | 8.1 | 7.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian monetary base projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable monetary base forecast available for Saudi Arabian monetary base.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian monetary base projections.
Want to get access to the full dataset of Saudi Arabian monetary base forecasts? Send an email to info@focus-economics.com.