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Share of year-over-year deposit growth vs credit growth in Saudi Arabia from 2014 to 2023

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Release date

September 2024

Region

Saudi Arabia, MENA

Survey time period

2014 to 2023

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Share of YoY deposit growth vs credit growth Saudi Arabia 2014-2023

Published by K. Scholle, Sep 23, 2024

In 2023, deposits in Saudi banks grew by eight percent over the previous year, whereas credit grew by *** percent during the same period. Since 2019, deposits have consistently increased year-over-year. 

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