Saudi Arabia Foreign Exchange Reserves: % of GDP

2003 - 2023 | Quarterly | % | CEIC Data

Key information about Saudi Arabia Foreign Exchange Reserves: % of GDP

  • Saudi Arabia Foreign Exchange Reserves: % of GDP was reported at 38.579 % in Dec 2023
  • This records a decrease from the previous number of 38.783 % for Sep 2023
  • Saudi Arabia Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 67.680 % from Dec 2003 to Dec 2023, with 81 observations
  • The data reached an all-time high of 94.246 % in Dec 2013 and a record low of 27.515 % in Dec 2003
  • Saudi Arabia Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. Foreign Exchange Reserves is calculated as the sum of Foreign Currency and Deposits Abroad and Investment in Foreign Securities. Saudi Central Bank provides Foreign Exchange Reserves in local currency. General Authority for Statistics provides Nominal GDP in local currency.

View Saudi Arabia's Foreign Exchange Reserves: % of GDP from Dec 2003 to Dec 2023 in the chart:

Saudi Arabia Foreign Exchange Reserves: % of GDP

What was Saudi Arabia's Foreign Exchange Reserves: % of GDP in Dec 2023?

Saudi Arabia Foreign Exchange Reserves: % of GDP was reported at 38.579 % in Dec 2023 See the table below for more data.

Last Previous Min Max Unit Frequency Range
38.579 Dec 2023 38.783 Sep 2023 27.515 Dec 2003 94.246 Dec 2013 % quarterly Dec 2003 - Dec 2023

Foreign Exchange Reserves: % of GDP by Country Comparison

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Includes Foreign Exchange Reserves: % of GDP on 114 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 26.986 Jun 2023 quarterly Dec 2008 - Jun 2023
Algeria (%) 30.762 Mar 2023 quarterly Dec 1999 - Mar 2023
Argentina (%) 2.981 Dec 2023 quarterly Dec 2004 - Dec 2023
Armenia (%) 14.920 Dec 2023 quarterly Dec 2013 - Dec 2023
Australia (%) 2.281 Dec 2023 quarterly Sep 1969 - Dec 2023
Austria (%) 0.872 Jun 2023 quarterly Dec 1995 - Jun 2023
Azerbaijan (%) 18.021 Dec 2023 quarterly Dec 2001 - Dec 2023
Bahrain (%) 9.235 Sep 2023 quarterly Dec 2007 - Sep 2023
Bangladesh (%) 4.000 Feb 2024 monthly Oct 1999 - Feb 2024
Belarus (%) 4.404 Dec 2023 quarterly Dec 2009 - Dec 2023
Belgium (%) 1.301 Dec 2023 quarterly Mar 1999 - Dec 2023
Bolivia (%) 1.611 Dec 2022 quarterly Mar 1999 - Dec 2022
Bosnia and Herzegovina (%) 32.917 Dec 2023 quarterly Dec 2008 - Dec 2023
Botswana (%) 24.152 Jun 2023 quarterly Jun 1994 - Jun 2023
Brazil (%) 14.865 Dec 2023 quarterly Dec 2000 - Dec 2023
Brunei (%) 6.000 Feb 2024 monthly Jan 2006 - Feb 2024
Bulgaria (%) 39.974 Dec 2023 quarterly Sep 2003 - Dec 2023
Cambodia (%) 8.000 Mar 2024 monthly Jan 2008 - Mar 2024
Canada (%) 4.199 Dec 2023 quarterly Jun 1999 - Dec 2023
Chile (%) 12.604 Dec 2023 quarterly Dec 1996 - Dec 2023
China (%) 7.000 Mar 2024 monthly Jan 1985 - Mar 2024
Colombia (%) 14.945 Dec 2023 quarterly Dec 2000 - Dec 2023
Croatia (%) 40.235 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 0.554 Dec 2023 quarterly Mar 2002 - Dec 2023
Czech Republic (%) 42.955 Dec 2023 quarterly Mar 2000 - Dec 2023
Denmark (%) 19.678 Dec 2023 quarterly Mar 2002 - Dec 2023
Ecuador (%) 2.232 Dec 2023 quarterly Dec 2000 - Dec 2023
Egypt (%) 6.219 Dec 2023 quarterly Dec 2004 - Dec 2023
Estonia (%) 5.019 Dec 2023 quarterly Sep 2002 - Dec 2023
European Union (%) 1.903 Dec 2023 quarterly Dec 1999 - Dec 2023
Finland (%) 2.611 Dec 2023 quarterly Mar 2000 - Dec 2023
France (%) 0.957 Dec 2023 quarterly Mar 2004 - Dec 2023
Georgia (%) 14.918 Dec 2023 quarterly Dec 1996 - Dec 2023
Germany (%) 0.810 Dec 2023 quarterly Dec 1991 - Dec 2023
Ghana (%) 3.309 Sep 2023 quarterly Dec 2006 - Sep 2023
Greece (%) 1.714 Dec 2023 quarterly Mar 2004 - Dec 2023
Hong Kong SAR, China (%) 111.333 Dec 2023 quarterly Jun 2000 - Dec 2023
Hungary (%) 17.209 Dec 2023 quarterly Mar 2006 - Dec 2023
Iceland (%) 15.958 Dec 2023 quarterly Dec 2000 - Dec 2023
India (%) 4.500 Mar 2024 monthly Sep 1962 - Mar 2024
Indonesia (%) 9.000 Mar 2024 monthly Jan 1997 - Mar 2024
Ireland (%) 0.938 Dec 2023 quarterly Mar 1999 - Dec 2023
Israel (%) 39.470 Dec 2023 quarterly Dec 2001 - Dec 2023
Italy (%) 2.183 Dec 2023 quarterly Dec 1999 - Dec 2023
Ivory Coast (%) 0.003 Mar 2023 quarterly Dec 1997 - Mar 2023
Japan (%) 0.830 Jan 2024 monthly Oct 1980 - Jan 2024
Jordan (%) 26.596 Dec 2023 quarterly Dec 1992 - Dec 2023
Kazakhstan (%) 4.457 Sep 2023 quarterly Dec 2002 - Sep 2023
Kenya (%) 6.126 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) 7.000 Mar 2024 monthly Nov 1979 - Mar 2024
Kosovo (%) 10.057 Dec 2023 quarterly Dec 2010 - Dec 2023
Kuwait (%) 25.497 Sep 2023 quarterly Dec 2010 - Sep 2023
Kyrgyzstan (%) 11.137 Dec 2023 quarterly Dec 2000 - Dec 2023
Laos (%) 8.000 Mar 2024 monthly Jan 2002 - Mar 2024
Latvia (%) 8.545 Jun 2023 quarterly Mar 1997 - Jun 2023
Lebanon (%) 65.941 2020 yearly 2004 - 2020
Lithuania (%) 6.115 Dec 2023 quarterly Dec 1995 - Dec 2023
Luxembourg (%) 0.224 Dec 2023 quarterly Mar 1999 - Dec 2023
Macau SAR, China (%) 59.002 Dec 2023 quarterly Dec 2001 - Dec 2023
North Macedonia (%) 30.203 Dec 2023 quarterly Dec 2000 - Dec 2023
Malawi (%) 7.753 2019 yearly 2002 - 2019
Malaysia (%) 2.000 Mar 2024 monthly Jun 1959 - Mar 2024
Malta (%) 3.702 Dec 2023 quarterly Dec 2000 - Dec 2023
Mauritius (%) 42.338 Dec 2023 quarterly Dec 2006 - Dec 2023
Mexico (%) 10.408 Dec 2023 quarterly Mar 2000 - Dec 2023
Moldova (%) 33.069 Dec 2023 quarterly Mar 2000 - Dec 2023
Mongolia (%) 21.476 Dec 2023 quarterly Dec 2010 - Dec 2023
Montenegro (%) 19.669 Dec 2023 quarterly Dec 2010 - Dec 2023
Morocco (%) 22.621 Dec 2023 quarterly Dec 2007 - Dec 2023
Mozambique (%) 14.729 2022 yearly 1984 - 2022
Myanmar (%) 3.500 Mar 2024 monthly May 2011 - Mar 2024
Nepal (%) 4.000 Mar 2024 monthly Jul 2003 - Mar 2024
Netherlands (%) 0.624 Dec 2023 quarterly Sep 1999 - Dec 2023
New Zealand (%) 4.716 Dec 2023 quarterly Sep 2005 - Dec 2023
Nigeria (%) 7.771 Sep 2023 quarterly Dec 2010 - Sep 2023
Norway (%) 14.217 Dec 2023 quarterly Mar 1999 - Dec 2023
Oman (%) 13.962 Jun 2023 quarterly Dec 2005 - Jun 2023
Pakistan (%) 5.000 Feb 2024 monthly Jul 2006 - Feb 2024
Palestinian Territory (%) 18.855 Dec 2023 quarterly Mar 2006 - Dec 2023
Panama (%) 7.368 Dec 2023 quarterly Dec 2007 - Dec 2023
Paraguay (%) 21.277 Dec 2023 quarterly Dec 1994 - Dec 2023
Peru (%) 24.386 Dec 2023 quarterly Dec 1990 - Dec 2023
Philippines (%) 9.500 Mar 2024 monthly May 1986 - Mar 2024
Poland (%) 20.119 Dec 2023 quarterly Dec 2002 - Dec 2023
Portugal (%) 1.948 Sep 2023 quarterly Dec 1999 - Sep 2023
Qatar (%) 18.904 Jun 2023 quarterly Dec 2010 - Jun 2023
Romania (%) 17.398 Dec 2023 quarterly Jun 2005 - Dec 2023
Russia (%) 20.521 Dec 2023 quarterly Dec 2011 - Dec 2023
Saudi Arabia (%) 38.579 Dec 2023 quarterly Dec 2003 - Dec 2023
Serbia (%) 30.614 Mar 2023 quarterly Mar 2004 - Mar 2023
Singapore (%) 67.165 Dec 2023 quarterly Jun 2000 - Dec 2023
Slovakia (%) 5.217 Dec 2023 quarterly Dec 1999 - Dec 2023
Slovenia (%) 1.263 Dec 2023 quarterly Dec 1995 - Dec 2023
South Africa (%) 12.543 Dec 2023 quarterly Mar 2001 - Dec 2023
Spain (%) 3.919 Dec 2023 quarterly Dec 1995 - Dec 2023
Sri Lanka (%) 4.000 May 2023 monthly Mar 1997 - May 2023
Sudan (%) 0.000 2017 yearly 1960 - 2017
Sweden (%) 7.124 Dec 2023 quarterly Mar 2000 - Dec 2023
Switzerland (%) 88.088 Dec 2023 quarterly Mar 2006 - Dec 2023
Syria (%) 31.149 2010 yearly 1990 - 2010

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Saudi Arabia Key Series

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Includes 192 key indicators for Saudi Arabia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Government Debt: % of GDP (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
Forecast: Government Expenditure (SAR bn) 1,344.120 2028 yearly 1990 - 2028
Forecast: Government Net Debt (SAR bn) 806.352 2028 yearly 1991 - 2028
Forecast: Government Revenue (SAR bn) 1,374.230 2028 yearly 1991 - 2028
Public Debt (SAR mn) 87,982.516 2023 yearly 2004 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 111,202.9 2023 yearly 1957 - 2023
Total Exports (USD mn) 25,318.3 Jan 2024 monthly Jan 2015 - Jan 2024
Total Exports Growth (%) -10.3 Jan 2024 monthly Jan 2016 - Jan 2024
Aluminum: Exports (USD th) 3,177,047.652 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 545,269.271 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 22,592.765 2022 yearly 1995 - 2022
Total Imports (USD mn) 17,790.5 Jan 2024 monthly Jan 2005 - Jan 2024
Total Imports Growth (%) -1.4 Jan 2024 monthly Jan 2006 - Jan 2024
Imports: Medicament (USD th) 5,358,995.860 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,078,407.217 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 223.503 Jan 2024 monthly Jan 2017 - Jan 2024
Total Imports from USA (USD mn) 1,381.322 Jan 2024 monthly Jan 2005 - Jan 2024
Total Exports to China (USD mn) 1,686.288 Jan 2024 monthly Jan 2017 - Jan 2024
Total Imports from China (USD mn) 3,628.458 Jan 2024 monthly Jan 1981 - Jan 2024
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: ow China (SAR mn) 6,323.580 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: India (SAR mn) 1,030.331 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: South Korea (SAR mn) 1,865.858 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: ow USA (SAR mn) 838.135 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: Value (SAR mn) 94,943.567 Jan 2024 monthly Jan 2015 - Jan 2024
Exports: Value: Asia: India (SAR mn) 157,187.346 2022 yearly 1984 - 2022
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,042.009 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,729.880 2023 yearly 1970 - 2023
Imports: HS: Value: MC: Mineral Products (SAR mn) 60,441.675 2023 yearly 1983 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 103,472.691 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 138,396.368 2023 yearly 1970 - 2023
Imports: Value: European Union: Germany (SAR mn) 30,000.405 2022 yearly 1984 - 2022
Imports: Value: Asia: South Korea (SAR mn) 19,767.343 2022 yearly 1984 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,572.9 Dec 2023 quarterly Mar 2006 - Dec 2023
Current Account Balance (USD mn) 4,345.0 Dec 2023 quarterly Mar 2006 - Dec 2023
Current Account Balance: % of GDP (%) 1.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Direct Investment (USD mn) 3,516.5 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.3 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Portfolio Investment (USD mn) 3,396.120 Dec 2023 quarterly Mar 2008 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Forecast: Current Account Balance (USD bn) 6.924 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 785,074.650 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 1,074.043 Sep 2023 quarterly Mar 2018 - Sep 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 616.607 Sep 2023 quarterly Mar 2018 - Sep 2023
BoP: USD: FA: Other Investment: Assets (USD mn) 4,039.242 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Other Investment (USD mn) -12,678.459 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 24,031.936 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Portfolio Investment (USD mn) 16,286.400 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Primary Income: Debit (USD mn) 7,765.631 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 79,505.705 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Direct Investment: Assets (USD mn) 1,572.855 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Primary Income (USD mn) 776.612 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Goods (USD mn) 29,722.838 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 3,396.120 Dec 2023 quarterly Mar 2008 - Dec 2023
BoP: USD: FA: Other Investment: Liabilities (USD mn) 16,717.701 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Secondary Income (USD mn) -13,322.937 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: Errors and Omissions (USD mn) -3,505.581 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Reserve Assets (USD mn) -2,580.978 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Primary Income: Credit (USD mn) 8,542.244 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: Financial Account (FA) (USD mn) -916.716 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 49,782.867 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 19,682.520 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 11,200.383 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Direct Investment (USD mn) -1,943.678 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Services (USD mn) -12,831.554 Dec 2023 quarterly Mar 2006 - Dec 2023
IIP: Assets (SAR mn) 5,352,001.798 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,407,971.859 2023 yearly 2007 - 2023
International Investment Position (IIP) (SAR mn) 2,944,029.939 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Household Debt: % of GDP (%) 11.7 Dec 2023 quarterly Dec 2003 - Dec 2023
Money Supply M1 (USD mn) 417,393.794 Feb 2024 monthly Jan 1993 - Feb 2024
Money Supply M2 (USD mn) 641,002.539 Feb 2024 monthly Jan 1993 - Feb 2024
M2 Growth (%) 10.5 Feb 2024 monthly Jan 1994 - Feb 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Mar 1980 - Mar 2024
Foreign Exchange Reserves (USD mn) 406,940.5 Feb 2024 monthly Jan 2001 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 38.579 Dec 2023 quarterly Dec 2003 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 23.4 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Mar 2024 monthly Dec 1957 - Mar 2024
Total Deposits (USD mn) 676,857.784 Feb 2024 monthly Jan 1993 - Feb 2024
Total Deposits Growth (%) 10.3 Feb 2024 monthly Jan 1994 - Feb 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 343.508 Sep 2023 quarterly Mar 1998 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 784.198 Sep 2023 quarterly Mar 1993 - Sep 2023
Household Debt (USD mn) 125,038.9 Dec 2023 quarterly Mar 1998 - Dec 2023
Total Loans (USD mn) 706,294.887 Feb 2024 monthly Jan 1997 - Feb 2024
Total Loans Growth (%) 10.85 Feb 2024 monthly Jan 1998 - Feb 2024
Private Debt: % of Nominal GDP (%) 61.93 Dec 2023 quarterly Dec 2003 - Dec 2023
Base Money (SAR mn) 382,248.004 Feb 2024 monthly Jan 2000 - Feb 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,756,193.012 Feb 2024 monthly Jan 1993 - Feb 2024
Money Supply: M3: M2 (SAR mn) 2,403,759.521 Feb 2024 monthly Jan 1993 - Feb 2024
Money Supply: M3: M2: M1 (SAR mn) 1,565,226.729 Feb 2024 monthly Jan 1993 - Feb 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 547,978.862 Feb 2024 monthly Jan 2001 - Feb 2024
Official Reserve Assets (SAR mn) 1,707,388.317 Mar 2024 monthly Jan 2001 - Mar 2024
Banks Deposits (SAR mn) 2,538,216.688 Feb 2024 monthly Jan 1993 - Feb 2024

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