Inflation, consumer prices in Saudi Arabia
Saudi Arabia: Inflation, consumer prices was 1.69 in 2024. ◆ Volatile
Latest (2024)
1.69
Change on year
down 27.5%
World rank
52nd
of 70 countries
All-time high
34.58
in 1975
All-time low
-3.2
in 1986
Years of data
61
1964–2024
Inflation, consumer prices in Saudi Arabia, 1964–2024
Source: UNICEF.
Analysis
In 2024, inflation, consumer prices in Saudi Arabia stood at 1.69.
The figure is down 27.5% on the previous year and down 24.7% over ten years.
Over the whole period, inflation, consumer prices in Saudi Arabia peaked at 34.58 in 1975 and was at its lowest, -3.2, in 1986.
That places Saudi Arabia 52nd out of 70 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 2.8 | — |
| 1965 | 0.3891 | -86.1% |
| 1966 | 1.55 | +298.5% |
| 1967 | 2.1 | +35.4% |
| 1968 | 1.59 | -24.3% |
| 1969 | 3.5 | +120.0% |
| 1970 | 0.1778 | -94.9% |
| 1971 | 4.47 | +2417.2% |
| 1972 | 4.33 | -3.2% |
| 1973 | 16.51 | +281.3% |
| 1974 | 21.44 | +29.8% |
| 1975 | 34.58 | +61.3% |
| 1976 | 31.56 | -8.7% |
| 1977 | 11.4 | -63.9% |
| 1978 | -1.58 | -113.9% |
| 1979 | 1.08 | -168.3% |
| 1980 | 4.17 | +285.5% |
| 1981 | 2.8 | -32.9% |
| 1982 | 1.02 | -63.5% |
| 1983 | 0.1914 | -81.3% |
| 1984 | -1.56 | -914.4% |
| 1985 | -3.06 | +96.2% |
| 1986 | -3.2 | +4.7% |
| 1987 | -1.55 | -51.7% |
| 1988 | 0.9076 | -158.7% |
| 1989 | 1.03 | +13.8% |
| 1990 | 2.08 | +101.1% |
| 1991 | 4.86 | +134.0% |
| 1992 | -0.077 | -101.6% |
| 1993 | 1.06 | -1471.1% |
| 1994 | 0.5643 | -46.6% |
| 1995 | 4.87 | +762.7% |
| 1996 | 1.22 | -74.9% |
| 1997 | 0.0572 | -95.3% |
| 1998 | -0.3713 | -749.6% |
| 1999 | -1.33 | +259.2% |
| 2000 | -1.12 | -15.7% |
| 2001 | -1.12 | -0.4% |
| 2002 | 0.2472 | -122.1% |
| 2003 | 0.6122 | +147.7% |
| 2004 | 0.5155 | -15.8% |
| 2005 | 0.4792 | -7.0% |
| 2006 | 2.21 | +361.0% |
| 2007 | 4.17 | +88.7% |
| 2008 | 9.87 | +136.8% |
| 2009 | 5.06 | -48.8% |
| 2010 | 5.34 | +5.6% |
| 2011 | 5.83 | +9.1% |
| 2012 | 2.87 | -50.8% |
| 2013 | 3.51 | +22.5% |
| 2014 | 2.24 | -36.1% |
| 2015 | 1.22 | -45.5% |
| 2016 | 2.05 | +67.9% |
| 2017 | -0.8348 | -140.7% |
| 2018 | 2.47 | -395.4% |
| 2019 | -1.19 | -148.4% |
| 2020 | 3.37 | -382.7% |
| 2021 | 3.06 | -9.2% |
| 2022 | 2.47 | -19.2% |
| 2023 | 2.33 | -5.9% |
| 2024 | 1.69 | -27.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.99 | 0.3891 | 3.5 | 6 |
| 1970s | 12.4 | -1.58 | 34.58 | 10 |
| 1980s | 0.0753 | -3.2 | 4.17 | 10 |
| 1990s | 1.29 | -1.33 | 4.87 | 10 |
| 2000s | 2.09 | -1.12 | 9.87 | 10 |
| 2010s | 2.35 | -1.19 | 5.83 | 10 |
| 2020s | 2.58 | 1.69 | 3.37 | 5 |
Countries ranked near Saudi Arabia
- 49 Slovenia 1.97 compare
- 50 Cyprus 1.8 compare
- 51 Bosnia and Herzegovina 1.69 compare
- 53 United Arab Emirates 1.66 compare
- 54 Malta 1.65 compare
- 55 Kosovo (UNSCR 1244) 1.62 compare
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- GDP (current US$), annual growth rate 1.82 % change on previous year (2025)
- GDP (current US$), per capita 34,536 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.82 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 3.75 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 129,512 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.5 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7258 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 25,066 constant 2015 US$ per person (2025)
Frequently asked questions
- What is inflation, consumer prices in Saudi Arabia?
- Inflation, consumer prices in Saudi Arabia was 1.69 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Saudi Arabia?
- The highest recorded value was 34.58 in 1975.
- What is the lowest inflation, consumer prices recorded in Saudi Arabia?
- The lowest recorded value was -3.2 in 1986.
- How does Saudi Arabia rank for inflation, consumer prices?
- Saudi Arabia ranks 52nd out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Saudi Arabia?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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