Saudi Gazette report

RIYADH — Domestic liquidity in the Saudi economy recorded notable growth during the first quarter of 2025, increasing by SR134.4 billion (4.6 percent). Total liquidity reached SR3055.872 billion by the end of the quarter, compared to SR2921.472 billion at the end of the fourth quarter of 2024.

On an annual basis, liquidity rose by SR232.126 billion, representing a growth rate of 8.2 percent compared to the same period in 2024, when liquidity stood at SR2823.745 billion, according to data published in the monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for March 2025.

The bulletin recorded a monthly growth of approximately one percent or SR22.188 billion, marking the highest liquidity level in the Kingdom’s history. The increase reflects the broadest definition of money supply (M3). “Other quasi-cash deposits” stood at SR266.867 billion, contributing 9 percent to the total. “Cash in circulation outside banks” ranked fourth, amounting to SR251.535 billion, contributing about 8 percent.

Quasi-cash deposits include resident deposits in foreign currencies, deposits against letters of credit, outstanding transfers, and repurchase agreements (repos) with the private sector.