Inflation rates in Saudi Arabia
The inflation rate for consumer prices in Saudi Arabia moved over the past 57 years between -3.2% and 34.6%. For 2021, an inflation rate of 3.1% was calculated.During the observation period from 1964 to 2021, the average inflation rate was 3.5% per year. Overall, the price increase was 532.94%. An item that cost 100 rials in 1964 costs 632.94 rials at the beginning of 2022.
For January 2023, the year-over-year inflation rate was 3.4%.
› Inflation rates in global comparison
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Performance over the last 57 years compared with the USA
In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1963:
Inflation calculator for Saudi Arabia
Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 rials in 1964 corresponds to 6,329.37 rials at the beginning of 2022 due to inflation.Inflation rates for consumer goods in Saudi Arabia
Historical inflation rates in comparison
| Year | Saudi Arabia | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2021 | 3.06 % | 2.55 % | 4.70 % | 3.50 % |
| 2020 | 3.45 % | 0.50 % | 1.23 % | 1.92 % |
| 2019 | -2.09 % | 1.63 % | 1.81 % | 2.19 % |
| 2018 | 2.46 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | -0.84 % | 1.43 % | 2.13 % | 2.19 % |
| 2016 | 2.07 % | 0.18 % | 1.26 % | 1.55 % |
| 2015 | 1.21 % | -0.06 % | 0.12 % | 1.43 % |
| 2014 | 2.24 % | 0.20 % | 1.62 % | 2.35 % |
| 2013 | 3.53 % | 1.22 % | 1.46 % | 2.62 % |
| 2012 | 2.87 % | 2.66 % | 2.07 % | 3.73 % |
| 2011 | 5.83 % | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 5.34 % | 1.53 % | 1.64 % | 3.35 % |
| 2009 | 5.06 % | 0.84 % | -0.36 % | 2.94 % |
| 2008 | 9.87 % | 4.16 % | 3.84 % | 8.95 % |
| 2007 | 4.17 % | 2.51 % | 2.85 % | 4.82 % |
| 2006 | 2.21 % | 2.67 % | 3.23 % | 4.28 % |
| 2005 | 0.48 % | 2.49 % | 3.39 % | 4.11 % |
| 2004 | 0.52 % | 2.29 % | 2.68 % | 3.38 % |
| 2003 | 0.61 % | 2.09 % | 2.27 % | 3.03 % |
| 2002 | 0.25 % | 2.42 % | 1.59 % | 2.83 % |
| 2001 | -1.12 % | 3.37 % | 2.83 % | 3.84 % |
| 2000 | -1.12 % | 3.15 % | 3.38 % | 3.49 % |
| 1999 | -1.33 % | 2.16 % | 2.19 % | 3.08 % |
| 1998 | -0.37 % | 2.42 % | 1.55 % | 5.11 % |
| 1997 | 0.06 % | 3.11 % | 2.34 % | 5.57 % |
| 1996 | 1.22 % | 3.56 % | 2.93 % | 6.55 % |
| 1995 | 4.87 % | 4.43 % | 2.81 % | 9.15 % |
| 1994 | 0.56 % | 4.72 % | 2.61 % | 10.32 % |
| 1993 | 1.06 % | 4.85 % | 2.95 % | 7.51 % |
| 1992 | -0.08 % | 6.22 % | 3.03 % | 7.71 % |
| 1991 | 4.86 % | 5.48 % | 4.23 % | 9.00 % |
| 1990 | 2.08 % | 6.15 % | 5.40 % | 8.13 % |
| 1989 | 1.03 % | 6.26 % | 4.83 % | 7.00 % |
| 1988 | 0.91 % | 4.54 % | 4.08 % | 7.15 % |
| 1987 | -1.55 % | 4.02 % | 3.66 % | 5.76 % |
| 1986 | -3.20 % | 3.68 % | 1.90 % | 5.82 % |
| 1985 | -3.06 % | 5.40 % | 3.55 % | 6.86 % |
| 1984 | -1.56 % | 7.67 % | 4.30 % | 8.12 % |
| 1983 | 0.19 % | 8.67 % | 3.21 % | 8.77 % |
| 1982 | 1.02 % | 9.58 % | 6.13 % | 10.24 % |
| 1981 | 2.80 % | 11.77 % | 10.33 % | 12.47 % |
| 1980 | 4.17 % | 12.91 % | 13.55 % | 13.98 % |
| 1979 | 1.08 % | 8.22 % | 11.25 % | n/a |
| 1978 | -1.58 % | 7.76 % | 7.63 % | n/a |
| 1977 | 11.40 % | 9.77 % | 6.50 % | n/a |
| 1976 | 31.56 % | 9.35 % | 5.74 % | n/a |
| 1975 | 34.58 % | 10.47 % | 9.14 % | n/a |
| 1974 | 21.44 % | 13.16 % | 11.05 % | n/a |
| 1973 | 16.51 % | 7.75 % | 6.18 % | n/a |
| 1972 | 4.33 % | 6.01 % | 3.27 % | n/a |
| 1971 | 4.47 % | 5.24 % | 4.29 % | n/a |
| 1970 | 0.18 % | 4.51 % | 5.84 % | n/a |
| 1969 | 3.50 % | 2.67 % | 5.46 % | n/a |
| 1968 | 1.59 % | 3.24 % | 4.27 % | n/a |
| 1967 | 2.10 % | 3.32 % | 2.77 % | n/a |
| 1966 | 1.55 % | 3.70 % | 3.02 % | n/a |
| 1965 | 0.39 % | 3.99 % | 1.59 % | n/a |
| 1964 | 2.80 % | 3.42 % | 1.28 % | n/a |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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