FINANCE
Finance & Fintech
Expanding financial services and fintech innovation across the Kingdom.
Image
Overview
Saudi Arabia’s financial sector is rapidly evolving, with strong growth in fintech, digital banking, and capital markets. Riyadh is positioning itself as a regional financial hub, supported by regulatory reforms and innovation initiatives.
The Saudi Central Bank (SAMA) and Capital Market Authority (CMA) drive sector development.
Key highlights
- Growth in fintech startups
- Expansion of capital markets
- Regulatory support for innovation
- Digital banking transformation
Key stats (2024)
- Merchandise exports (current US$) $305.5B
- Merchandise imports (current US$) $232.8B
- Trade (% of GDP) 54.7%
- Domestic credit to private sector (% of GDP) 50.1%
- Commercial bank branches (per 100,000 adults) 7 /100
- Broad money (% of GDP) 65.1%
Trade volume over time
World Bank methodology for development indicatorsMarket insights
View all insights-
-
-
- Saudi Arabia Real GDP Growth 2024 Official national accounts show how real GDP evolved in 2024 with non-oil activities supporting headline growth. Read more
-
-
