Point-of-sale (POS) transactions in Saudi Arabia saw a 35% rise to around SAR 37.62 billion in December 2020, from SAR 27.93 billion during the same month last year, figures from the Saudi Central Bank (SAMA) showed.
Data also showed that 346.6 million transactions were processed through nearly 721,100 points of sale.
POS transactions represent what is spent by consumers using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
|
POS Transactions (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
Jan |
21.38 |
28.53 |
+33% |
|
February |
19.24 |
25.93 |
+35% |
|
March |
23.43 |
24.79 |
+6% |
|
April |
24.13 |
16.18 |
(33%) |
|
May |
27.82 |
23.45 |
(16%) |
|
June |
20.76 |
37.02 |
+78% |
|
July |
23.54 |
31.51 |
+34% |
|
August |
23.76 |
31.15 |
+31% |
|
September |
24.84 |
33.21 |
+34% |
|
October |
25.12 |
33.64 |
+34% |
|
November |
25.85 |
34.26 |
+33% |
|
December |
27.93 |
37.62 |
+35% |
Cash withdrawals declined 14% to SAR 55.06 billion in December 2020, from SAR 63.66 billion last year.
The withdrawals were processed through 18,500 ATMs in December 2020, and through 154.8 million transactions.
|
ATM Withdrawals (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
Jan |
63.22 |
62.94 |
(0.4%) |
|
February |
54.98 |
56.39 |
+3% |
|
March |
65.32 |
56.90 |
(13%) |
|
April |
62.63 |
40.55 |
(35%) |
|
May |
72.25 |
44.49 |
(38%) |
|
June |
54.40 |
49.38 |
(9%) |
|
July |
63.15 |
57.66 |
(9%) |
|
August |
59.65 |
48.06 |
(19%) |
|
September |
59.22 |
53.03 |
(10%) |
|
October |
62.61 |
52.89 |
(16%) |
|
November |
59.56 |
51.53 |
(13%) |
|
December |
63.66 |
55.06 |
(14%) |
|
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 |
18802 |
(34) |
|
July |
18604 |
(198) |
|
August |
18658 |
+54 |
|
September |
18615 |
(43) |
|
October |
18568 |
(47) |
|
November |
18504 |
(64) |
|
December |
18458 |
(46) |
Saudi Arabia’s consumer spending rose 1% to about SAR 92.7 billion in December 2020 from SAR 91.6 billion during the same period last year.
|
Saudi Arabia’s Consumer Spending (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
84.60 |
91.47 |
+8% |
|
February |
74.22 |
82.32 |
+11% |
|
March |
88.75 |
81.69 |
(8%) |
|
April |
86.76 |
56.73 |
(35%) |
|
May |
100.07 |
67.94 |
(32%) |
|
June |
75.16 |
86.40 |
+15% |
|
July |
86.69 |
89.17 |
+3% |
|
August |
83.41 |
79.21 |
(5%) |
|
September |
84.06 |
86.24 |
+3% |
|
October |
87.73 |
86.53 |
(1%) |
|
November |
85.41 |
85.79 |
+0.4% |
|
December |
91.59 |
92.68 |
+1% |
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