Riyadh: Saudi Arabia’s domestic money supply (available liquidity) recorded significant annual growth by the end of July 2025, increasing by SAR239.973 billion, or 8.4%, to exceed SAR3.109 trillion, compared to SAR2.869 trillion during the same period in 2024, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA).
According to Saudi Press Agency, this growth in liquidity reflects the broad money supply (M3), which rose on a quarterly basis by SAR64.144 billion (2.1%), reaching SAR3.120 trillion at the end of the second quarter of the current year, compared with SAR3.055 trillion at the end of the first quarter.
An analysis of the components of M3 shows that demand deposits ranked first, accounting for 46.5% with a value of SAR1.447 trillion, followed by time and savings deposits, which stood at SAR1.123 trillion, representing 36.1%.
Other quasi-monetary deposits were recorded at SAR296.718 billion, representing 9.5%, while currency in circulation outside banks ranked fourth
with a value of SAR242.340 billion, accounting for 7.8%.
Quasi-monetary deposits include residents’ deposits in foreign currencies, deposits against letters of credit, outstanding remittances, and repurchase agreements (repos) executed with the private sector.
The money supply in its M1 definition comprises currency in circulation outside banks in addition to demand deposits, while M2 includes both M1 and time and savings deposits. M3 represents the broadest definition, adding other quasi-monetary deposits.
