FX.co ★ Private Sector Loans in Saudi Arabia Decrease by 0.70% Year-over-Year in March 2024

According to the latest data updated on April 30, 2024, private sector loans in Saudi Arabia saw a decrease in March 2024 compared to the same period a year ago. The previous indicator for February 2024 had shown a rate of 11.10%, which dropped to 10.40% in March 2024, indicating a decrease of 0.70%.

This Year-over-Year comparison gives insight into the changes in private sector loans over the past year in Saudi Arabia. The decrease in the current indicator suggests potential shifts in borrowing trends or economic conditions affecting loan activities within the private sector. As Saudi Arabia continues to navigate economic dynamics, monitoring indicators like private sector loans provides valuable information on the country's financial landscape.