Saudi reserve assets abroad rise marginally to SAR 1.693 trln in May

Riyadh city

Saudi Arabia's international reserve assets rose by SAR 44 million month-on-month (MoM) to SAR 1.693 trillion in May, according to the Saudi Central Bank (SAMA).

On a yearly basis, the Kingdom’s reserve assets grew 3% or SAR 54.5 billion.

Saudi Arabia’s reserve assets include five items, which are investments in foreign securities, foreign currency deposits, the International Monetary Fund (IMF) reserve position, special drawing rights (SDRs), and monetary gold.

Saudi Arabia's Reserve Assets Abroad (SAR bln)
Month	Value (SAR bln)	Change (SAR bln)	Change (%)
January 2021	1688.0	--	--
February	1654.9	(33.10)	(2%)
March	1683.5	28.60	2%
April	1652.8	(30.70)	(2%)
May	1639.3	(13.50)	(1%)
June	1679.9	40.60	2%
July	1655.7	(24.20)	(1%)
August	1705.4	49.70	3%
September	1745.6	40.20	2%
October	1690.5	(55.10)	(3%)
November	1741.5	51.00	3%
December	1707.6	(33.90)	(2%)
January 2022	1675.5	(32.10)	(2%)
February	1655.7	(19.80)	(1%)
March	1692.6	36.90	2%
April	1693.8	1.20	0.1%
May	1693.8	0.04	0.003%

SAMA attributed the rise in May’s reserve assets to an increase in SDRs by 147%, and the increase in the IMF reserves by 10%.

Foreign currency reserves, which represent about 94% of total assets, inched up 0.4% to SAR 1.599 trillion by the end of May.

Saudi Arabia's Reserve Assets Abroad in Details (SAR bln)
Item	May 2021	May 2022	Change (%)
Monetary Gold	1.62	1.62	--
SDRs	31.57	78.04	+147%
IMF Reserve Position	13.25	14.54	+10%
Foreign Currency Reserves	1592.91	1599.60	+0.4%
Total	1639.3	1693.80	+3%

Details and Historical Data for Macroeconomic

Economic Reports

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