Inflation Saudi Arabia 2020
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 6.2%. The lowest inflation was in June at 0.5%.
- Highest month
- August: 6.2%
- Lowest month
- June: 0.5%
- Difference
- 5.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 9.0%. The lowest price increase was in Education with an average of -1.9%.
- Highest increase
- Food and non-alcoholic beverages: 9.0%
- Lowest increase
- Education: -1.9%
Historical Context
Current inflation is 2.4% higher than the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 2.1%
- All-time high (2008)
- 9.9%
- All-time low (2019)
- -2.1%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+5.5 percentage point).
- Change vs. previous year
- +5.5 percentage points
- Largest monthly swing
- July: +8.3 percentage points
ECB Target
Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 0.7% | +3.9 |
| February | 1.2% | +4.4 |
| March | 1.5% | +4.7 |
| April | 1.3% | +4.2 |
| May | 1.1% | +3.7 |
| June | 0.5% | +3.1 |
| July | 6.1% | +8.3 |
| August | 6.2% | +8.1 |
| September | 5.7% | +7.1 |
| October | 5.8% | +6.7 |
| November | 5.8% | +6.6 |
| December | 5.3% | +5.5 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 11/01/2026.