Saudi Arabia Motor Vehicles Sales Growth

2006 - 2022 | Yearly | % | CEIC Data

Key information about Saudi Arabia Motor Vehicles Sales Growth

  • Saudi Arabia Motor Vehicles Sales grew 10.8 % in Dec 2022, compared with a growth of 23.0 % in the previous year.
  • Saudi Arabia Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2022, with an average growth rate of -0.3 %.
  • The data reached an all-time high of 32.2 % in Dec 2019 and a record low of -23.6 % in Dec 2017.
  • Car Sales of Saudi Arabia recorded 616,491.0 units in Dec 2022.

CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.

View Saudi Arabia's Motor Vehicles Sales Growth from 2006 to 2022 in the chart:

Saudi Arabia Motor Vehicles Sales Growth

What was Saudi Arabia's Motor Vehicles Sales Growth in 2022?

Saudi Arabia Motor Vehicles Sales grew 10.8 % in Dec 2022, compared with a growth of 23.0 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.8 2022 23.0 2021 -23.6 2017 32.2 2019 % yearly 2006 - 2022

Motor Vehicles Sales Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) -27.9 Jan 2024 monthly Jan 1997 - Jan 2024
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) 20.9 Feb 2024 monthly Jan 1995 - Feb 2024
Austria (%) -20.1 2022 yearly 2006 - 2022
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -6.9 2022 yearly 2006 - 2022
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) 27.2 Feb 2024 monthly Jan 2003 - Feb 2024
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 8.8 2022 yearly 2006 - 2022
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) 16.3 Dec 2023 monthly Jan 1947 - Dec 2023
Chile (%) -9.3 Jan 2024 monthly Jan 2010 - Jan 2024
China (%) 47.9 Jan 2024 monthly Jan 2001 - Jan 2024
Colombia (%) -10.1 Dec 2023 monthly Jan 2004 - Dec 2023
Croatia (%) -5.5 2022 yearly 2006 - 2022
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) -18.4 2022 yearly 2006 - 2022
Ecuador (%) 14.9 2022 yearly 2006 - 2022
Egypt (%) -37.0 2022 yearly 2006 - 2022
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) -16.2 2022 yearly 2006 - 2022
France (%) -9.9 2022 yearly 2006 - 2022
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -0.3 2022 yearly 2006 - 2022
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 3.1 2022 yearly 2006 - 2022
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) -9.9 2022 yearly 2006 - 2022
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -26.1 Jan 2024 monthly Jan 1990 - Jan 2024
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) -3.5 2022 yearly 2006 - 2022
Israel (%) -7.5 2022 yearly 2006 - 2022
Italy (%) -9.8 2022 yearly 2006 - 2022
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) -19.2 Feb 2024 monthly Jan 1992 - Feb 2024
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) -10.6 2022 yearly 2006 - 2022
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) -21.3 Feb 2024 monthly Jan 1995 - Feb 2024
Kuwait (%) 9.9 2022 yearly 2006 - 2022
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) 30.6 Jan 2024 monthly Jul 1995 - Jan 2024
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 19.1 Jan 2024 monthly Jan 1996 - Jan 2024
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) -8.0 2022 yearly 2006 - 2022
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) -4.1 2022 yearly 2006 - 2022
New Zealand (%) -9.5 2023 yearly 1976 - 2023
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) -3.4 2022 yearly 2006 - 2022
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) -8.8 Jan 2024 monthly Jul 2006 - Jan 2024
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 5.0 Dec 2023 monthly Jan 2006 - Dec 2023
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 6.0 2022 yearly 2006 - 2022
Philippines (%) 15.5 Jan 2024 monthly Jan 1997 - Jan 2024
Poland (%) -6.6 2022 yearly 2006 - 2022
Portugal (%) 7.9 Jan 2024 monthly Jan 2001 - Jan 2024
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 4.5 2022 yearly 2006 - 2022
Russia (%) 100.6 Jan 2024 monthly Jan 2009 - Jan 2024
Saudi Arabia (%) 10.8 2022 yearly 2006 - 2022
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 60.7 Dec 2023 monthly Jan 2011 - Dec 2023
Slovakia (%) 3.1 2022 yearly 2006 - 2022
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) -5.5 Jan 2024 monthly Jan 2004 - Jan 2024
Spain (%) -7.3 2022 yearly 2006 - 2022
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) -4.1 2022 yearly 2006 - 2022
Switzerland (%) -6.3 2022 yearly 2006 - 2022
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) 36.3 Jan 2024 monthly Jan 1998 - Jan 2024
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) -16.4 Jan 2024 monthly Dec 1992 - Jan 2024
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Saudi Arabia Key Series

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Includes 191 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 (%) 24.8 Sep 2023 quarterly Dec 2016 - Sep 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) 26,268.1 Dec 2023 monthly Jan 2015 - Dec 2023
Total Exports Growth (%) -9.7 Dec 2023 monthly Jan 2016 - Dec 2023
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) 16,094.5 Dec 2023 monthly Jan 2005 - Dec 2023
Total Imports Growth (%) -7.1 Dec 2023 monthly Jan 2006 - Dec 2023
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) 1,345.368 Dec 2023 monthly Jan 2017 - Dec 2023
Total Imports from USA (USD mn) 1,305.212 Dec 2023 monthly Jan 2005 - Dec 2023
Total Exports to China (USD mn) 3,884.679 Dec 2023 monthly Jan 2017 - Dec 2023
Total Imports from China (USD mn) 3,385.876 Dec 2023 monthly Jan 1981 - Dec 2023
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: India (SAR mn) 8,675.473 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: South Korea (SAR mn) 8,646.712 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Value (SAR mn) 98,505.349 Dec 2023 monthly Jan 2015 - Dec 2023
Exports: ow USA (SAR mn) 5,045.130 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: ow China (SAR mn) 14,567.547 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Value: Asia: India (SAR mn) 157,187.346 2022 yearly 1984 - 2022
Imports: HS: Value: MC: Mineral Products (SAR mn) 60,441.675 2023 yearly 1983 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,042.009 2023 yearly 1970 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 103,472.691 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: Transport Equipment (SAR mn) 138,396.368 2023 yearly 1970 - 2023
Imports: Value: Asia: South Korea (SAR mn) 19,767.343 2022 yearly 1984 - 2022
Imports: Value: European Union: Germany (SAR mn) 30,000.405 2022 yearly 1984 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,968.2 Sep 2023 quarterly Mar 2006 - Sep 2023
Current Account Balance (USD mn) 4,623.3 Sep 2023 quarterly Mar 2006 - Sep 2023
Current Account Balance: % of GDP (%) 1.9 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment (USD mn) 2,130.7 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.8 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Portfolio Investment (USD mn) 1,690.650 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 0.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Forecast: Current Account Balance (USD bn) 6.924 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 786,058.406 2022 yearly 2007 - 2022
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 (USD mn) 485.458 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Other Investment: Liabilities (USD mn) 5,275.189 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: Errors and Omissions (USD mn) -1,431.054 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 1,690.650 Sep 2023 quarterly Mar 2008 - Sep 2023
BoP: USD: FA: Reserve Assets (USD mn) -3,715.950 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 80,150.973 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: Financial Account (FA) (USD mn) 1,967.752 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Other Investment: Assets (USD mn) 5,760.648 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Portfolio Investment (USD mn) 3,055.235 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Secondary Income (USD mn) -11,814.294 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 50,194.672 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Primary Income: Credit (USD mn) 7,228.677 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Primary Income: Debit (USD mn) 5,224.457 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 4,754.344 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 8,037.941 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Primary Income (USD mn) 2,004.220 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 23,560.847 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Services (USD mn) -15,522.906 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Direct Investment (USD mn) 2,460.004 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Goods (USD mn) 29,956.301 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Direct Investment: Assets (USD mn) 4,590.724 Sep 2023 quarterly Mar 2006 - Sep 2023
IIP: Assets (SAR mn) 5,089,341.035 2022 yearly 2007 - 2022
International Investment Position (IIP) (SAR mn) 2,947,719.023 2022 yearly 2007 - 2022
IIP: Liabilities (SAR mn) 2,141,622.012 2022 yearly 2007 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Household Debt: % of GDP (%) 11.5 Jun 2023 quarterly Dec 2003 - Jun 2023
Money Supply M1 (USD mn) 407,936.605 Jan 2024 monthly Jan 1993 - Jan 2024
Money Supply M2 (USD mn) 638,422.273 Jan 2024 monthly Jan 1993 - Jan 2024
M2 Growth (%) 10.7 Jan 2024 monthly Jan 1994 - Jan 2024
Reserve Requirement Ratio (%) 7.0 Feb 2024 monthly Mar 1980 - Feb 2024
Foreign Exchange Reserves (USD mn) 414,110.8 Jan 2024 monthly Jan 2001 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 38.475 Jun 2023 quarterly Dec 2003 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 23.4 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Feb 2024 monthly Dec 1957 - Feb 2024
Total Deposits (USD mn) 668,973.360 Jan 2024 monthly Jan 1993 - Jan 2024
Total Deposits Growth (%) 10.3 Jan 2024 monthly Jan 1994 - Jan 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) 699,126.946 Jan 2024 monthly Jan 1997 - Jan 2024
Total Loans Growth (%) 10.74 Jan 2024 monthly Jan 1998 - Jan 2024
Private Debt: % of Nominal GDP (%) 58.31 Jun 2023 quarterly Dec 2003 - Jun 2023
Base Money (SAR mn) 377,140.243 Jan 2024 monthly Jan 2000 - Jan 2024
Money Supply: M3: M2: M1 (SAR mn) 1,529,762.267 Jan 2024 monthly Jan 1993 - Jan 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,720,957.098 Jan 2024 monthly Jan 1993 - Jan 2024
Money Supply: M3: M2 (SAR mn) 2,394,083.525 Jan 2024 monthly Jan 1993 - Jan 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 563,130.152 Jan 2024 monthly Jan 2001 - Jan 2024
Official Reserve Assets (SAR mn) 1,646,126.250 Jan 2024 monthly Jan 2001 - Jan 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019

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