Central Bank RatesSaudi Arabia: central bank policy rate
Last updated:
Policy rate4.50%Sep 30, 2026
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
SinceSep 16, 2026hike +25 bp
1 year ago4.75%
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Sep 16, 2026 | 4.25% | 4.50% | hike +25 bp |
| Dec 10, 2025 | 4.50% | 4.25% | cut -25 bp |
| Oct 29, 2025 | 4.75% | 4.50% | cut -25 bp |
| Sep 17, 2025 | 5.00% | 4.75% | cut -25 bp |
| Dec 18, 2024 | 5.25% | 5.00% | cut -25 bp |
| Nov 7, 2024 | 5.50% | 5.25% | cut -25 bp |
| Sep 18, 2024 | 6.00% | 5.50% | cut -50 bp |
| Jul 26, 2023 | 5.75% | 6.00% | hike +25 bp |
| May 3, 2023 | 5.50% | 5.75% | hike +25 bp |
| Mar 23, 2023 | 5.25% | 5.50% | hike +25 bp |
| Feb 1, 2023 | 5.00% | 5.25% | hike +25 bp |
| Dec 14, 2022 | 4.50% | 5.00% | hike +50 bp |
| Nov 2, 2022 | 3.75% | 4.50% | hike +75 bp |
| Sep 21, 2022 | 3.00% | 3.75% | hike +75 bp |
| Jul 27, 2022 | 2.25% | 3.00% | hike +75 bp |
| Jun 15, 2022 | 1.75% | 2.25% | hike +50 bp |
| May 5, 2022 | 1.25% | 1.75% | hike +50 bp |
| Mar 17, 2022 | 1.00% | 1.25% | hike +25 bp |
| Mar 16, 2020 | 1.75% | 1.00% | cut -75 bp |
| Mar 3, 2020 | 2.25% | 1.75% | cut -50 bp |
| Oct 30, 2019 | 2.50% | 2.25% | cut -25 bp |
| Sep 18, 2019 | 2.75% | 2.50% | cut -25 bp |
| Jul 31, 2019 | 3.00% | 2.75% | cut -25 bp |
| Dec 19, 2018 | 2.75% | 3.00% | hike +25 bp |
| Sep 26, 2018 | 2.50% | 2.75% | hike +25 bp |
| Jun 13, 2018 | 2.25% | 2.50% | hike +25 bp |
| Mar 15, 2018 | 2.00% | 2.25% | hike +25 bp |
| Jan 19, 2009 | 2.50% | 2.00% | cut -50 bp |
| Dec 16, 2008 | 3.00% | 2.50% | cut -50 bp |
| Nov 23, 2008 | 4.00% | 3.00% | cut -100 bp |
| Nov 1, 2008 | 5.00% | 4.00% | cut -100 bp |
| Oct 12, 2008 | 5.50% | 5.00% | cut -50 bp |
| Feb 3, 2007 | 5.20% | 5.50% | hike +30 bp |
| Jul 1, 2006 | 5.00% | 5.20% | hike +20 bp |
| Feb 1, 2006 | 4.75% | 5.00% | hike +25 bp |
| Dec 17, 2005 | 4.50% | 4.75% | hike +25 bp |
| Oct 25, 2005 | 4.25% | 4.50% | hike +25 bp |
| Sep 21, 2005 | 4.00% | 4.25% | hike +25 bp |
| Aug 9, 2005 | 3.75% | 4.00% | hike +25 bp |
| Jul 3, 2005 | 3.50% | 3.75% | hike +25 bp |
| May 4, 2005 | 3.25% | 3.50% | hike +25 bp |
| Mar 26, 2005 | 2.75% | 3.25% | hike +50 bp |
| Feb 5, 2005 | 2.50% | 2.75% | hike +25 bp |
| Dec 18, 2004 | 2.25% | 2.50% | hike +25 bp |
| Nov 21, 2004 | 2.00% | 2.25% | hike +25 bp |
| Sep 22, 2004 | 1.75% | 2.00% | hike +25 bp |
| Aug 11, 2004 | 1.50% | 1.75% | hike +25 bp |
| May 17, 2004 | 1.75% | 1.50% | cut -25 bp |
| Jun 28, 2003 | 2.00% | 1.75% | cut -25 bp |
| Nov 10, 2002 | 2.50% | 2.00% | cut -50 bp |
| Mar 12, 2002 | 2.75% | 2.50% | cut -25 bp |
| Nov 17, 2001 | 3.00% | 2.75% | cut -25 bp |
| Oct 6, 2001 | 3.50% | 3.00% | cut -50 bp |
| Sep 19, 2001 | 4.00% | 3.50% | cut -50 bp |
| Aug 22, 2001 | 4.25% | 4.00% | cut -25 bp |
| Jun 30, 2001 | 4.50% | 4.25% | cut -25 bp |
| May 16, 2001 | 5.00% | 4.50% | cut -50 bp |
| Apr 21, 2001 | 5.50% | 5.00% | cut -50 bp |
| Mar 21, 2001 | 6.00% | 5.50% | cut -50 bp |
| Jan 30, 2001 | 6.50% | 6.00% | cut -50 bp |
| Jan 6, 2001 | 7.00% | 6.50% | cut -50 bp |
| May 20, 2000 | 6.75% | 7.00% | hike +25 bp |
| May 3, 2000 | 6.25% | 6.75% | hike +50 bp |
Which rate is shown (BIS notes, in English)
From 1 Jan 2000 onwards: official market repo rate.
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of Saudi Arabia is 4.50% (BIS data as of Sep 30, 2026).