The point-of-sale (POS) transactions grew by 20% to SAR 31.05 billion in February 2021, from SAR 25.93 billion in the same period last year, data issued by the Saudi Central Bank (SAMA) showed.
A total of 313.8 million transactions were processed through 762,600 points of sale in the same month.
POS transactions represent consumers spent using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
|
POS Transactions (SAR bln) |
|||
|
Month |
2020 |
2021 |
Variation |
|
January |
28.53 |
37.27 |
+31% |
|
February |
25.93 |
31.05 |
+20% |
|
March |
24.79 |
-- |
-- |
|
April |
16.18 |
-- |
-- |
|
May |
23.45 |
-- |
-- |
|
June |
37.02 |
-- |
-- |
|
July |
31.51 |
-- |
-- |
|
August |
31.15 |
-- |
-- |
|
September |
33.21 |
-- |
-- |
|
October |
33.64 |
-- |
-- |
|
November |
34.26 |
-- |
-- |
|
December |
37.62 |
-- |
-- |
Cash withdrawals declined 20% to SAR 45.01 billion – the lowest in nine months -- in February 2021, from SAR 56.39 billion last year.
The withdrawals were processed through 17,300 ATMs and through 128.3 million transactions.
|
ATM Withdrawals (SAR bln) |
|||
|
Month |
2020 |
2021 |
Variation |
|
January |
62.94 |
51.97 |
(17%) |
|
February |
56.39 |
45.01 |
(20%) |
|
March |
56.90 |
-- |
-- |
|
April |
40.55 |
-- |
-- |
|
May |
44.49 |
-- |
-- |
|
June |
49.38 |
-- |
-- |
|
July |
57.66 |
-- |
-- |
|
August |
48.06 |
-- |
-- |
|
September |
53.03 |
-- |
-- |
|
October |
52.89 |
-- |
-- |
|
November |
51.53 |
-- |
-- |
|
December |
55.06 |
-- |
-- |
The following table illustrates the number of points of sale since the beginning of 2020:
|
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 |
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) |
*Updated data
Saudi Arabia’s consumer spending declined 8% to about SAR 76.06 billion in February 2021, from SAR 82.33 billion during the same period last year.
|
Saudi Arabia’s Consumer Spending (SAR bln) |
|||
|
Month |
2020 |
2021 |
Variation |
|
January |
91.47 |
89.24 |
(2%) |
|
February |
82.33 |
76.06 |
(8%) |
|
March |
81.69 |
-- |
-- |
|
April |
56.73 |
-- |
-- |
|
May |
67.94 |
-- |
-- |
|
June |
86.40 |
-- |
-- |
|
July |
89.17 |
-- |
-- |
|
August |
79.21 |
-- |
-- |
|
September |
86.24 |
-- |
-- |
|
October |
86.53 |
-- |
-- |
|
November |
85.79 |
-- |
-- |
|
December |
92.68 |
-- |
-- |
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