POS device
Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 12.14 billion for the week ended Feb. 24, compared to SAR 11.97 billion in the previous week.
For more POS data on Argaam Tools
Data issued by the Saudi Central Bank (SAMA) showed that total POS transactions amounted to around 186.35 million for the week.
POS transactions represent consumer expenditures through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others.
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions (‘000) |
Value of Transactions |
Change (%) |
|
Feb. 19 – Feb. 25 |
147,813 |
10,399.4 |
+1% |
|
Feb 26 - March 4 |
182,044 |
14,574.1 |
+40% |
|
March 5 - March 11 |
174,654 |
13,209.3 |
(9%) |
|
March 12 - March 18 |
163,255 |
11,999.2 |
(9%) |
|
March 19 - March 25 |
146,312 |
11,040.4 |
(8%) |
|
March 26 - April 1 |
150,207 |
12,704.2 |
+15% |
|
April 2 - April 8 |
153,826 |
12,580.8 |
(1%) |
|
April 9 - April 15 |
156,734 |
13,039.3 |
+4% |
|
April 16 - April 22 |
153,692 |
12,004.0 |
(8%) |
|
April 23 - April 29 |
155,411 |
10,377.6 |
(14%) |
|
April 30 - May 6 |
172,577 |
11,592.9 |
+12% |
|
May 7 - May 13 |
171,464 |
10,890.2 |
(6%) |
|
May 14 - May 20 |
160,857 |
10,092.0 |
(7%) |
|
May 21 - May 27 |
163,445 |
10,705.0 |
+6% |
|
May 28 - June 3 |
188,590 |
13,815.2 |
+29% |
|
June 4 - June 10 |
173,918 |
11,686.9 |
(15%) |
|
June 11 - June 17 |
175,694 |
11,651.8 |
(0.3%) |
|
June 18 - June 24 |
171,662 |
12,295.7 |
+6% |
|
June 25 - July 1 |
177,776 |
12,123.1 |
(1%) |
|
July 2 - July 8 |
166,489 |
11,189.6 |
(8%) |
|
July 9 - July 15 |
171,246 |
10,919.2 |
(2%) |
|
July 16 - July 22 |
159,618 |
10,120.9 |
(7%) |
|
July 23 - July 29 |
173,387 |
11,917.3 |
+18% |
|
July 30 – Aug. 5 |
183,645 |
12,664.7 |
+6% |
|
Aug. 6 – Aug. 12 |
178,956 |
11,969.1 |
(5%) |
|
Aug. 13 – Aug. 19 |
172,775 |
12,020.6 |
+0.4% |
|
Aug. 20 – Aug. 26 |
166,097 |
11,367.7 |
(5%) |
|
Aug. 27 – Sept. 2 |
195,602 |
13,836.3 |
+22% |
|
Sept. 3 – Sept. 9 |
180,155 |
11,326.9 |
(18%) |
|
Sept. 10 – Sept. 16 |
181876 |
11,186.1 |
(1%) |
|
Sept. 17 – Sept. 23 |
173,910 |
10,869.2 |
(3%) |
|
Sept. 24 – Sept. 30 |
191,142 |
13,624.6 |
+25% |
|
Oct. 1 – Oct. 7 |
189,423 |
12,145.5 |
(11%) |
|
Oct. 8 – Oct. 14 |
183,772 |
11,146.7 |
(8%) |
|
Oct. 15 – Oct. 21 |
169,962 |
10,056.6 |
(10%) |
|
Oct. 22 – Oct. 28 |
186,331 |
12,301.9 |
+22% |
|
Oct. 29 – Nov. 4 |
193,290 |
12,779.8 |
+4% |
|
Nov. 5 – Nov. 11 |
185,865 |
11,500.1 |
(10%) |
|
Nov. 12 – Nov. 18 |
180,221 |
11,271.4 |
(2%) |
|
Nov. 19 – Nov. 25 |
171,930 |
11,247.8 |
(0.2%) |
|
Nov. 26 – Dec. 2 |
204,688 |
14,874.1 |
+32% |
|
Dec. 3 – Dec. 9 |
187,765 |
12,067.1 |
(19%) |
|
Dec. 10 – Dec. 16 |
186,657 |
11,637.5 |
(4%) |
|
Dec. 17 – Dec. 23 |
171,770 |
10,701.7 |
(8%) |
|
Dec. 24 – Dec. 30 |
198191 |
13989.3 |
+31% |
|
Dec. 31 – Jan. 6, 2024 |
198013 |
13393.8 |
(4%) |
|
Jan. 7– Jan. 13 |
191673 |
12347.1 |
(8%) |
|
Jan. 14– Jan. 20 |
172823 |
10607.7 |
(14%) |
|
Jan. 21– Jan. 27 |
178011 |
11039.9 |
+4% |
|
Jan. 28- Feb. 3 |
204897 |
14327.4 |
+30% |
|
Feb. 4- Feb. 10 |
188307 |
11873.1 |
(17%) |
|
Feb. 11- Feb. 17 |
191200 |
11965.4 |
+1% |
|
Feb. 18- Feb. 24 |
186346 |
12137.9 |
+1% |
During the week, the electronic & electric devices sector led gainers by 31%. The hotels and furniture sectors followed with 18% and 13% growth, respectively.
On the other hand, the jewelry sector saw the steepest decline at 15%, followed by education (11%).
Consumer spending was focused on the restaurants and cafes sector, totaling SAR 1.84 billion during the week. The food and beverage (F&B) sector trailed with total POS transactions worth SAR 1.79 billion, as follows:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Feb. 17 |
Value of Transactions in Week Ended Feb. 24 |
Weekly Change (%) |
|
Electronic & Electric Devices |
222.2 |
290.9 |
+31% |
|
Hotels |
317.1 |
373.5 |
+18% |
|
Furniture |
321.5 |
363.8 |
+13% |
|
Clothing & Footwear |
723.5 |
798.8 |
+10% |
|
Restaurants & Cafes |
1801.3 |
1843.3 |
+2% |
|
Construction & Building Materials |
363.7 |
369.9 |
+2% |
|
Recreation & Culture |
281.8 |
285.9 |
+1% |
|
Gas Stations |
826.4 |
819.7 |
(1%) |
|
Miscellaneous Goods & Services |
1438.0 |
1424.2 |
(1%) |
|
Health |
743.8 |
719.5 |
(3%) |
|
Transportation |
643.5 |
617.1 |
(4%) |
|
F&B |
1874.8 |
1787.6 |
(5%) |
|
Public Utilities |
85.9 |
78.9 |
(8%) |
|
Telecommunications |
96.9 |
88.7 |
(8%) |
|
Education |
120.6 |
107.8 |
(11%) |
|
Jewelry |
282.5 |
239.7 |
(15%) |
|
Others |
1821.9 |
1928.7 |
+6% |
|
Total |
11965.4 |
12137.9 |
+1% |
Riyadh led in terms of POS value during the week with approximately SAR 4.15 billion, representing 34.2% of the total. Jeddah came in second with SAR 1.76 billion, as follows:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Feb. 17 |
Value of Transactions in Week Ended Feb. 24 |
Weekly Change (%) |
|
Riyadh |
4053.3 |
4146.0 |
+2% |
|
Jeddah |
1740.3 |
1761.3 |
+1% |
|
Dammam |
588.1 |
598.6 |
+2% |
|
Makkah |
521.2 |
527.7 |
+1% |
|
Madinah |
488.7 |
498.1 |
+2% |
|
Al Khobar |
349.5 |
355.8 |
+2% |
|
Buraydah |
275.7 |
295.6 |
+7% |
|
Tabuk |
223.6 |
209.9 |
(6%) |
|
Hail |
183.2 |
185.4 |
+1% |
|
Abha |
139.4 |
137.4 |
(1%) |
|
Other Cities |
3402.4 |
3422.1 |
+1% |
|
Total |
11965.4 |
12137.9 |
+1% |
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