The liquidity in the Saudi economy (money supply - N3) recorded a remarkable annual growth by the end of May 2025, amounting to about (265.4) billion riyals, an increase of (9.4%) compared to the same period in 2024, reaching a historic all-time high of (3.09) trillion riyals, compared to (2.82) trillion riyals in May last year.
The monthly statistical bulletin of the Saudi Central Bank “SAMA” showed that the domestic liquidity (money supply - N3) recorded a remarkable annual growth at the end of the month of May 2025, amounting to (265.4) trillions of riyals. The monthly statistical bulletin issued by Saudi Central Bank (SAMA) showed that liquidity also grew on a monthly basis by (39.1) billion riyals, equivalent to (1.3%), compared to its level in April of about (3.05) trillion riyals.
The monthly statistical bulletin issued by <a href=“https://www.sama.gov.sa/” Analyzing the components of the money supply (n3), “demand deposits” topped the components with a contribution of (48.6%) and a value of (1.5) trillion riyals, followed by “time and savings deposits” which recorded (1.1) trillion riyals, with (35.2%).
“Other quasi-monetary deposits” amounted to about (256) billion riyals, with a contribution rate of (8.3%), while "cash in circulation outside banks" amounted to (246.2) billion riyals, with a contribution rate of (8%).
<"Quasi-monetary deposits" include foreign currency deposits of residents, deposits for letters of credit, outstanding transfers, and repo operations between banks and the private sector. Money supply is narrowly defined as the sum of cash in circulation outside banks plus demand deposits, while N1 includes both N1 and time and savings deposits, and N3 is the broadest concept, as it also includes other quasi-monetary deposits.
Money supply is defined as the sum of cash in circulation outside banks plus demand deposits, while N2 includes both N1 and time and savings deposits.
