Central Bank RatesSaudi Arabia policy rate in 2019 (3 changes)
Start of year3.00%
End of year2.25%Dec 31, 2019
Net change-75 bp0 hikes, 3 cuts
Average2.782%
Rank by level16 / 38
Changes in 2019
| Date | From | To | Change |
|---|---|---|---|
| Jul 31, 2019 | 3.00% | 2.75% | cut -25 bp |
| Sep 18, 2019 | 2.75% | 2.50% | cut -25 bp |
| Oct 30, 2019 | 2.50% | 2.25% | cut -25 bp |
Compared with other areas at the end of 2019
12%
7.25%
6.5%
6.25%
5.15%
5%
4.5%
4.25%
4.15%
4%
3%
3%
2.75%
2.5%
2.49%
2.25%
2.25%
2.25%
2.25%
2.25%
2%
1.75%
1.75%
1.625%
1.5%
1.5%
1.25%
1.25%
1%
0.9%
0.75%
0.75%
0.25%
0%
-0.1%
-0.25%
-0.75%
-0.75%
Year-end rate over time
4.5%
4.25%
5%
6%
5%
1%
1%
2.25%
3%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2.5%
5.5%
5.2%
4.75%
2.5%
1.75%
2%
2.75%
7%
2019: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.