POS device
Point-of-sale (POS) transactions in Saudi Arabia saw a 33% year-on-year (YoY) rise to around SAR 34.26 billion in November 2020, from SAR 25.85 billion during the same month last year, figures from the Saudi Central Bank (SAMA) showed.
Data also showed that 317.9 million transactions were processed through nearly 693,300 points of sale.
POS transactions represent what is spent by consumers using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
|
POS Transactions (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
Jan |
21.38 |
28.53 |
+33% |
|
February |
19.24 |
25.93 |
+35% |
|
March |
23.43 |
24.79 |
+6% |
|
April |
24.13 |
16.18 |
(33%) |
|
May |
27.82 |
23.45 |
(16%) |
|
June |
20.76 |
37.02 |
+78% |
|
July |
23.54 |
31.51 |
+34% |
|
August |
23.76 |
31.15 |
+31% |
|
September |
24.84 |
33.21 |
+34% |
|
October |
25.12 |
33.64 |
+34% |
|
November |
25.85 |
34.26 |
+33% |
|
December |
27.93 |
-- |
-- |
On a yearly basis, cash withdrawals declined 13% to SAR 51.53 billion in November 2020, from SAR 59.56 billion last year.
The withdrawals were processed through 18,500 ATMs in November 2020, and through 148.7 million transactions.
|
ATM Withdrawals (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
Jan |
63.22 |
62.94 |
(0.4%) |
|
February |
54.98 |
56.39 |
+3% |
|
March |
65.32 |
56.90 |
(13%) |
|
April |
62.63 |
40.55 |
(35%) |
|
May |
72.25 |
44.49 |
(38%) |
|
June |
54.40 |
49.38 |
(9%) |
|
July |
63.15 |
57.66 |
(9%) |
|
August |
59.65 |
48.06 |
(19%) |
|
September |
59.22 |
53.03 |
(10%) |
|
October |
62.61 |
52.89 |
(16%) |
|
November |
59.56 |
51.53 |
(13%) |
|
December |
63.66 |
-- |
-- |
|
No. of ATMs since the beginning of 2020 |
||
|
Month |
ATMs |
Monthly Variation |
|
January 2020 |
18888 |
+6 |
|
February |
18890 |
+2 |
|
March |
18876 |
(14) |
|
April |
18855 |
(21) |
|
May |
18836 |
(19) |
|
June |
18802 |
(34) |
|
July |
18604 |
(198) |
|
August |
18658 |
+54 |
|
September |
18615 |
(43) |
|
October |
18568 |
(47) |
|
November |
18504 |
(64) |
Saudi Arabia’s consumer spending slightly rose 0.4% to about SAR 85.79 billion from SAR 85.41 billion during the same period last year.
|
Saudi Arabia’s Consumer Spending (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
84.60 |
91.47 |
+8% |
|
February |
74.22 |
82.32 |
+11% |
|
March |
88.75 |
81.69 |
(8%) |
|
April |
86.76 |
56.73 |
(35%) |
|
May |
100.07 |
67.94 |
(32%) |
|
June |
75.16 |
86.40 |
+15% |
|
July |
86.69 |
89.17 |
+3% |
|
August |
83.41 |
79.21 |
(5%) |
|
September |
84.06 |
86.24 |
+3% |
|
October |
87.73 |
86.53 |
(1%) |
|
November |
85.41 |
85.79 |
+0.4% |
|
December |
91.59 |
-- |
-- |
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