Saudi Arabia's net domestic credit (current LCU) was 1 trillion in 2017, the latest year in the World Bank's World Development Indicators. That is up 298.95% from 251.02 billion in 2007 (14.84% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1 trillion | 2017 |
| Five years earlier | -280.18 billion | 2012 |
| Ten years earlier | 251.02 billion | 2007 |
| Highest | 1 trillion | 2017 |
| Lowest | -280.6 billion | 1982 |
| Average since 2008 | 170.94 billion | 2008–2017 |
| First recorded | 252 million |
What the numbers say
In 2017, Saudi Arabia's net domestic credit (current LCU) rose 177.71 billion on 2016 (from 823.73 billion to 1 trillion).
Across the 30 yearly changes before that (1987 to 2016), the average change was +29.43 billion and a typical year strayed about 135.71 billion from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 452.92 billion in 2015 and the biggest yearly fall was 322.22 billion in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2008 to 2017 the straight-line trend is upward, about 111.56 billion a year. A straight line explains 57% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Saudi Arabia in the 2017 ranking
- Lebanon — 1st of 2: 160.19 trillion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 57 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2017 | 1,001,436,240,106 |
| 2016 | 823,730,709,372 |
| 2015 | 502,986,840,074 |
| 2014 | 50,065,432,000 |
| 2013 | -220,117,716,000 |
| 2012 | -280,180,917,000 |
| 2011 | -103,254,664,000 |
| 2010 | -2,470,601,000 |
| 2009 | 8,428,340,000 |
| 2008 | -71,201,927,000 |
Net domestic credit (current LCU) in nearby economies
- Afghanistan — -79.38 billion (2020)
- Algeria — 28.47 trillion (2025)
- Bahrain — 10.64 billion (2015)
- Djibouti — 335.15 billion (2025)
- Egypt, Arab Rep. — 18.29 trillion (2025)
- Iran, Islamic Rep. — 10,211.7 trillion (2016)
- Iraq — 78.52 trillion (2024)
- Israel — 2.22 trillion (2025)
- Jordan — 47.43 billion (2025)
- Kuwait — 46.3 billion (2025)
- Lebanon
More financial sector data for Saudi Arabia
- GDP deflator (base year varies by country) — 97.69 (2025)
- DEC alternative conversion factor (LCU per US$) — US$3.75 (2025)
- Official exchange rate (LCU per US$, period average) — US$3.75 (2025)
- Inflation, GDP deflator (annual % growth) — -2.57% (2025)
- Consumer price index (2010 = 100) — 137.21 (2025)
- Domestic credit to private sector by banks (% of GDP) — 64.31% (2025)
- Inflation, consumer prices (annual % growth) — 2.04% (2025)
- Net foreign assets (current LCU) — 2 trillion (2017)
- Monetary sector credit to private sector (% of GDP) — 50.14% (2017)
Reading data like this
Questions people ask
- What is Saudi Arabia's net domestic credit (current LCU)?
- 1 trillion in 2017, according to the World Bank (World Development Indicators).
- How has it changed since 1961?
- It is up 397,295% from 252 million in 1961 (15.95% a year on average, compounded). The highest value was 1 trillion in 2017 and the lowest -280.6 billion in 1982.
- Is the latest change in net domestic credit (current LCU) unusual for Saudi Arabia?
- In 2017, Saudi Arabia's net domestic credit (current LCU) rose 177.71 billion on 2016 (from 823.73 billion to 1 trillion). Across the 30 yearly changes before that (1987 to 2016), the average change was +29.43 billion and a typical year strayed about 135.71 billion from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in