The overall bank credit extended to both the public and private sectors in Saudi Arabia reached it highest level of SAR3,005,946 million (SAR3 trillion $799.85 billion) by the conclusion of January 2025, as reported in the monthly statistical bulletin released by the Saudi Central Bank (SAMA) for January 2025.
This signifies a year-on-year growth of 15 percent and an increase exceeding SAR348,219 million (SAR348 billion or $92.8 billion) compared to the same timeframe in 2024, when it was recorded at SAR2,621,726 million (SAR2.6 trillion or $693 billion).
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In addition, the total bank credit experienced a monthly growth of 2 percent by the end of January 2025, rising by roughly SAR50,395 million in comparison to December 2024, when it was noted at SAR2,955,550 million.
The bank credit provided to the public and private sectors was allocated across more than 17 different economic activities, acting as a crucial factor in fostering comprehensive and sustainable economic growth and aligning with the objectives of Saudi Vision 2030.
