The Saudi Central Bank (SAMA) announced that the liquidity levels of the Saudi economy have seen an annual growth of SR236.129 billion, according to the Saudi Press Agency.
According to SAMA’s monthly statistical bulletin, the liquidity reached SR2.921 trillion by the end of 2024 compared to SR2.685 trillion in 2023.
From the beginning of 2024 until the end of December, the levels of liquidity have seen a 7.4% increase, reaching SR236.129 billion.
Furthermore, the levels have increased to approximately SR772.205 billion, marking a positive growth of 36% over the past five years (2020–2024).
Crucially, these growing liquidity levels play a pivotal role in the Kingdom’s economic development.
Four Components of Money Supply (M3)
1- Demand Deposits recorded the largest contribution to the total money supply at 49.3%, with a value of 1,440,641 million riyals by the end of 2024
2- Time and savings deposits reached 949,708 million riyals, representing the second largest contributor to the total money supply at 32.5%.
3- Other quasi-cash deposits surged to 302,036 million riyals, contributing 10.3% to the total money supply, becoming the third largest contributor.
4- Cash in circulation outside banks was the last contributor with a value of 229,088 million riyals and about 7.8% to the total money supply.
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