30.10.202517:00:00UTC+00Decline in Saudi Arabia's M3 Money Supply: September Shows Lower Growth Rate

In the latest update from the Saudi Arabian Monetary Authority, the M3 money supply, an important economic indicator that measures the total monetary assets within the economy, exhibited a decrease in growth rate for the month of September 2025. The data, updated on October 30, 2025, reveals that the M3 money supply has grown by 7.80%, a decrease from the 8.40% growth observed in August.

The current 7.80% represents a year-over-year change when comparing September 2025 to the same month in the previous year. This marks a significant slowdown from the earlier year-over-year comparison of August 2025 at 8.40%.

The decline in the M3 money supply growth may signal a shift in the monetary conditions within the kingdom, potentially reflecting tighter credit conditions or an adjustment to monetary policies. As analysts and stakeholders interpret these changes, the focus will be on understanding the implications for broader economic activities, such as investment, inflation, and economic growth in Saudi Arabia.