Inflation, CPI (Average) rose to 2.60% in Saudi Arabia in 2018

Inflation, CPI (Average) (%)
Economy | Saudi Arabia | February 01, 2019
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Average inflation measured by CPI reached 2.60 % in 2018 in Saudi Arabia, according to the National Statistical Office. This is 110012 % less than in the previous year.

Historically, average inflation measured by CPI in Saudi Arabia reached an all time high of 2.60 % in 2018 and an all time low of -0.032 % in 1986. When compared to Saudi Arabia's main peers, average inflation measured by CPI in Iraq amounted to 2.00 %, 4.47 % in Jordan, 3.53 % in United Arab Emirates and 41.8 % in Yemen in 2018.

Saudi Arabia has been ranked 97th within the group of 174 countries we follow in terms of average inflation measured by CPI, 10 places behind the position seen 10 years ago.

Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

Inflation, CPI (Average) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bahrain % 0.014% 2.97% 4.78% 2.38% 2.27%
Djibouti % 0.006% 1.00% 2.50% 2.50% 2.50%
Eritrea % 9.00% 9.00% 9.00% 9.00% 9.00%
Iran % 0.105% 29.6% 34.1% 24.2% 17.5%
Iraq % 0.002% 2.00% 2.00% 2.00% 2.00%
Israel % 0.002% 0.884% 1.32% 1.78% 2.00%
Jordan % 0.033% 4.47% 2.27% 2.30% 2.51%
Kuwait % 0.022% 0.800% 3.00% 3.60% 3.20%
Oman % 0.016% 1.50% 3.20% 3.40% 3.10%
Qatar % 0.395% 3.71% 3.50% 2.21% 2.10%
Saudi Arabia % -0.002% 2.60% 2.02% 2.25% 2.17%
Syria % ... ... ... ... ... ... ... ...
United Arab Emirates % 0.020% 3.53% 1.94% 2.22% 2.09%
Yemen % 24.7% 41.8% 20.0% 7.50% 5.00%