Saudi Arabia Inflation Rate

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GDP GDP Growth Rate GDP Per Capita Debt to GDP Inflation Rate Manufacturing GNI GNI Per Capita GNP

Saudi Arabia inflation rate for 2024 was 1.69%, a 0.64% decline from 2023.

Saudi Arabia inflation rate for 2023 was 2.33%, a 0.15% decline from 2022.
Saudi Arabia inflation rate for 2022 was 2.47%, a 0.59% decline from 2021.
Saudi Arabia inflation rate for 2021 was 3.06%, a 0.38% decline from 2020.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. The full historical dataset is available for download here: Saudi Arabia Inflation Rate | Historical Data | 1964 - 2024.