Saudi Arabia’s general reserves fell by SAR 110.9 billion year-on-year to SAR 358.7 billion in 2020.
On a monthly basis, the Kingdom’s general reserves retreated by SAR 61.7 billion in December 2020.
|
Saudi General Reserves in 2020 |
||
|
Month |
Reserves (SAR bln) |
MoM variation (SAR bln) |
|
January |
470.81 |
+1.19 |
|
February |
470.81 |
-- |
|
March |
469.60 |
(1.22) |
|
April |
469.62 |
+0.02 |
|
May |
419.62 |
(50.00) |
|
June |
420.08 |
+0.46 |
|
July |
422.49 |
+2.41 |
|
August |
422.49 |
-- |
|
September |
422.59 |
+0.10 |
|
October |
420.35 |
(2.24) |
|
November |
420.35 |
-- |
|
December |
358.69 |
(61.66) |
Meanwhile, the Kingdom’s current account rose by SAR 18.25 billion to SAR 77.87 billion in 2020, compared to a year earlier.
The current account recorded an increase of SAR 23.3 billion in December 2020, compared to the previous month.
|
Current Account |
||
|
Month |
(SAR bln) |
MoM variation (SAR bln) |
|
January 2020 |
86.66 |
+27.03 |
|
February |
72.37 |
(14.29) |
|
March |
39.57 |
(32.80) |
|
April |
24.37 |
(15.20) |
|
May |
51.57 |
+27.20 |
|
June |
70.10 |
+18.53 |
|
July |
58.05 |
(12.05) |
|
August |
98.52 |
+40.47 |
|
September |
71.83 |
(26.69) |
|
October |
52.62 |
(19.21) |
|
November |
54.60 |
+1.98 |
|
December |
77.87 |
+23.27 |
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