POS transactions surge 72% to SAR 40.3 bln in May: SAMA

29/06/2021 Argaam Special


The point-of-sale (POS) transactions soared by 72% to SAR 40.27 billion in May 2021, from SAR 23.45 billion in the same month last year, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 407.2 million transactions were processed through 837,300 points-of-sale in the month. 

 

POS Transactions (SAR bln)  

Month  

2020  

2021  

Variation  

January  

28.53 

37.27 

+ 31 % 

February  

25.93 

31.05 

+ 20 % 

March  

24.79 

40.84 

+65 % 

April  

16.18 

39.17 

+142 % 

May  

23.45 

40.27 

+ 72 % 

June  

37.02 

-- 

-- 

July  

31.51 

-- 

-- 

August  

31.15 

-- 

-- 

September  

33.21 

-- 

-- 

October  

33.64 

-- 

-- 

November  

34.26 

-- 

-- 

December  

37.62 

-- 

-- 

 

 

Cash withdrawals increased by 11% to SAR 49.5 billion in May 2021, from SAR 44.5 billion last year.

 

The withdrawals were processed through 17,100 ATMs and through 136.8 million transactions.

 

ATM Withdrawals (SAR bln) 

Month 

2020 

2021 

Variation 

January 

62.94

51.96

(17%) 

February 

56.39

45.01

(20%) 

March 

56.90

54.66

(4%) 

April 

40.55

51.35

+27% 

May 

44.49

49.52

+11% 

June 

49.38

--

-- 

July 

57.66

--

-- 

August 

48.06

--

-- 

September 

53.03

--

-- 

October 

52.89

--

-- 

November 

51.53

--

-- 

December 

55.06

--

-- 

 

 

The number of ATMs fell by 19 machines to 17,071 during May, compared to the previous month.

 

The following table illustrates the number of points-of-sale since the beginning of 2020:

 

Number of ATMs 

Month 

ATMs 

Monthly Variation 

January 2020 

18888

+6 

February 

18890

+2 

March 

18876

(14) 

April 

18855

(21) 

May 

18836

(19) 

June 

18559

(277) 

July 

18427

(132) 

August 

18498

+71 

September 

18456

(42) 

October 

18410

(46) 

November 

18346

(64) 

December 

18299

(47) 

January 2021 

17376

(923) 

February 

17276

(100) 

March 

17277

+1 

April 

17090

(187) 

May

17071

(19)

 

Saudi Arabia’s consumer spending leapt by 32% to about SAR 89.8 billion in May 2021, from SAR 67.9 billion during the same period last year.

 

Consumer Spending (SAR bln) 

Month 

2020 

2021 

Variation 

January 

91.47

89.24

(2%) 

February 

82.33

76.06

(8%) 

March 

81.69

95.50

+17% 

April 

56.73

90.52

+60% 

May 

67.94

89.79

+32% 

June 

86.40

--

-- 

July 

89.17

--

-- 

August 

79.21

--

-- 

September 

86.24

--

-- 

October 

86.53

--

-- 

November 

85.79

--

-- 

December 

92.68

--

-- 

 

For more data, visit Argaam Tools

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