In 2023, refinancing interest rates at the Central Bank of Saudi Arabia reached 5.2 percent. This was a drastic increase over the previous year when interest rates stood at two percent. Since 2021, interest rates have consistently increased each subsequent year.
Central bank interest rates in Saudi Arabia from 2021 to 2023
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Oxford Economics, & Kearney. (July 1, 2024). Central bank interest rates in Saudi Arabia from 2021 to 2023 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics, und Kearney. "Central bank interest rates in Saudi Arabia from 2021 to 2023." Chart. July 1, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics, Kearney. (2024). Central bank interest rates in Saudi Arabia from 2021 to 2023. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics, and Kearney. "Central Bank Interest Rates in Saudi Arabia from 2021 to 2023." Statista, Statista Inc., 1 Jul 2024, https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/
Oxford Economics & Kearney, Central bank interest rates in Saudi Arabia from 2021 to 2023 Statista, https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/ (last visited October 06, 2024)
Central bank interest rates in Saudi Arabia from 2021 to 2023 [Graph], Oxford Economics, & Kearney, July 1, 2024. [Online]. Available: https://www.statista.com/statistics/1488052/saudi-arabia-central-bank-interest-rates/