Central Bank RatesSaudi Arabia policy rate in 2020 (2 changes)
Start of year2.25%
End of year1.00%Dec 31, 2020
Net change-125 bp0 hikes, 2 cuts
Average1.248%
Rank by level16 / 38
Changes in 2020
| Date | From | To | Change |
|---|---|---|---|
| Mar 3, 2020 | 2.25% | 1.75% | cut -50 bp |
| Mar 16, 2020 | 1.75% | 1.00% | cut -75 bp |
Compared with other areas at the end of 2020
17%
4.25%
4.25%
4%
3.85%
3.75%
3.5%
2%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.5%
1%
1%
0.75%
0.6%
0.5%
0.5%
0.5%
0.5%
0.25%
0.25%
0.25%
0.25%
0.125%
0.1%
0.1%
0.1%
0.1%
0%
0%
0%
-0.1%
-0.6%
-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%
2020: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.