Liquidity in the Saudi economy grows by more than 236 billion riyals in a year

The money supply (n3) reached 2,921,472 million riyals by the end of 2024, registering an annual growth of 9%.
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<The levels of <a href="https://amlak.net.Liquidity "available money“ in the Saudi economic system achieved an annual growth of 236,129 million riyals, with a rate of 9 %, to reach the level of 2,921,472 million riyals by the end of 2024, compared to 2,685,343 million riyals in 2023, and its levels reflect the money supply in its broad and comprehensive concept (N3), as indicated in the monthly statistical bulletin the Saudi Central Bank SAMA for the month of December.

<The level of liquidity achieved growth from the beginning of the year 2024 until the end of December of the same year, with a value of more than 236,129 million riyals and a percentage of 7.4 %.
Liquidity levels witnessed a positive development to record a growth in 5 years, specifically from 2020-2024, by 36% (%), with an estimated increase of 772,205 million riyals.

<These levels of liquidity are considered a driver of the economic and commercial system and contribute to achieving positive rates of economic development. Reviewing the four components of the money supply (n3) in its broad and comprehensive concept, ”demand deposits", which is the largest contributor to the total by 49.3 %, recorded a value of 1,440,641 million riyals by the end of 2024, while "time and savings deposits“ recorded 949,708 million riyals, as it is the second largest contributor to the total money supply by 32.5 %.

These levels of liquidity are considered to be the engine of the economic and commercial system and contribute to achieving positive rates of economic development. ”Other quasi-monetary deposits“ amounted to SAR 302,036 million with a contribution of 10.3 % to the total money supply, making it the third largest contributor, and ”cash in circulation outside banks“ came fourth with SAR 229,088 million, with a contribution of about 7.8 % to the total money supply.

Other quasi-monetary deposits amounted to SAR 229,088 million, with a contribution of about 7.8 % to the total money supply.

Quasi-monetary deposits consist of foreign currency resident deposits, deposits against letters of credit, outstanding transfers, and repo operations carried out by banks with the private sector. Domestic liquidity includes (n1) which includes cash in circulation outside banks, plus demand deposits only, (n2) which includes (n1) plus time and savings deposits, and the broad definition (n3) which includes (n2) plus other quasi-monetary deposits.