Inflation Saudi Arabia 2019
Average inflation: -2.1%
Current Inflation
There is deflation with consumer prices declining by 2.1%.
Peak and Trough
The highest inflation was in December at -0.2%. The lowest inflation was in January at -3.2%.
- Highest month
- December: -0.2%
- Lowest month
- January: -3.2%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 3.2%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -8.6%.
- Highest increase
- Restaurants and hotels: 3.2%
- Lowest increase
- Housing, water, electricity, gas and other fuels: -8.6%
Historical Context
Current inflation is 2.7% lower than the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 2.3%
- All-time high (2008)
- 9.9%
- All-time low (2019)
- -2.1%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +4.5 percentage point.
- Change vs. previous year
- -4.5 percentage points
- Largest monthly swing
- January: -6.3 percentage points
ECB Target
Inflation is 4.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €97.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | -3.2% | -6.3 |
| February | -3.2% | -6.1 |
| March | -3.2% | -6.1 |
| April | -2.9% | -5.4 |
| May | -2.6% | -5.0 |
| June | -2.6% | -4.9 |
| July | -2.2% | -4.4 |
| August | -1.9% | -4.2 |
| September | -1.4% | -3.5 |
| October | -0.9% | -3.0 |
| November | -0.8% | -3.4 |
| December | -0.2% | -2.1 |
| Average | -2.1% |
Data source
Data from OECD. Last updated: 13/01/2026.