Annual inflation, consumer prices in Saudi Arabia

Saudi Arabia: Annual inflation, consumer prices was 1.7% in 2024. ◆ Volatile

Latest (2024)
1.7%
Change on year
down 27.5%
World rank
159th
of 203 countries
All-time high
9.9%
in 2008
All-time low
-1.2%
in 2019
Years of data
25
2000–2024

Annual inflation, consumer prices in Saudi Arabia, 2000–2024

02.557.5102000201220242000: -1.1 %2001: -1.1 %2002: 0.247 %2003: 0.612 %2004: 0.516 %2005: 0.479 %2006: 2.2 %2007: 4.2 %2008: 9.9 %2009: 5.1 %2010: 5.3 %2011: 5.8 %2012: 2.9 %2013: 3.5 %2014: 2.2 %2015: 1.2 %2016: 2.1 %2017: -0.835 %2018: 2.5 %2019: -1.2 %2020: 3.4 %2021: 3.1 %2022: 2.5 %2023: 2.3 %2024: 1.7 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, annual inflation, consumer prices in Saudi Arabia stood at 1.7%.

The figure is down 27.5% on the previous year and down 24.7% over ten years.

Over the whole period, annual inflation, consumer prices in Saudi Arabia peaked at 9.9% in 2008 and was at its lowest, -1.2%, in 2019.

That places Saudi Arabia 159th out of 203 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Annual inflation, consumer prices in Saudi Arabia, year by year

Annual values for Annual inflation, consumer prices (%) in Saudi Arabia, 2000 to 2024.
Year % Change
2000 -1.1% —
2001 -1.1% -0.4%
2002 0.2% -122.1%
2003 0.6% +147.7%
2004 0.5% -15.8%
2005 0.5% -7.0%
2006 2.2% +361.0%
2007 4.2% +88.7%
2008 9.9% +136.8%
2009 5.1% -48.8%
2010 5.3% +5.6%
2011 5.8% +9.1%
2012 2.9% -50.8%
2013 3.5% +22.5%
2014 2.2% -36.1%
2015 1.2% -45.5%
2016 2.1% +67.9%
2017 -0.8% -140.7%
2018 2.5% -395.4%
2019 -1.2% -148.4%
2020 3.4% -382.7%
2021 3.1% -9.2%
2022 2.5% -19.2%
2023 2.3% -5.9%
2024 1.7% -27.5%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 1.7% is below the median for high income countries, which is 2.4%, 71% of the median. (64 countries reporting)
  • Saudi Arabia's 1.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%, 81% of the median. (21 countries reporting)

Biggest year-on-year movements

Years where Annual inflation, consumer prices in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +395.4% -0.8% 2.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.1% -1.1% 9.9% 10
2010s 2.3% -1.2% 5.8% 10
2020s 2.6% 1.7% 3.4% 5

Countries ranked near Saudi Arabia

  1. 156 Cyprus 1.8% compare
  2. 157 Rwanda 1.8% compare
  3. 158 Bosnia and Herzegovina 1.7% compare
  4. 160 United Arab Emirates 1.7% compare
  5. 161 Malta 1.7% compare
  6. 162 Kosovo 1.6% compare

See the full ranking of 236 places →

More development goals data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is annual inflation, consumer prices in Saudi Arabia?
Annual inflation, consumer prices in Saudi Arabia was 1.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Saudi Arabia?
The highest recorded value was 9.9% in 2008.
What is the lowest annual inflation, consumer prices recorded in Saudi Arabia?
The lowest recorded value was -1.2% in 2019.
How does Saudi Arabia rank for annual inflation, consumer prices?
Saudi Arabia ranks 159th out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Saudi Arabia?
Over the last ten years it is down 24.7%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Saudi Arabia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/saudi-arabia/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed