POS weekly transactions reach SAR 14B: SAMA

03/01/2024 Argaam Special

POD device


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 14 billion for the week ended Dec. 30, compared to SAR 10.7 billion in the previous week.

Data issued by the Saudi Central Bank (SAMA) showed that total POS transactions amounted to around 198.19 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
(SAR mln)

Change (%)

Dec. 25 – Dec. 31

168,373

13,456.6

+38%

Jan. 1 – Jan. 7, 2023

157,175

11,173.8

(17%)

Jan. 8 – Jan. 14

155,827

10,673.8

(4%)

Jan. 15 - Jan. 21

144,764

9,713.0

(9%)

Jan. 22 – Jan. 28

141,095

10,105.4

+4%

Jan. 29 – Feb. 4

167,916

12,020.5

+19%

Feb. 5 – Feb. 11

160,761

10,912.3

(9%)

Feb. 12 – Feb. 18

152,195

10,347.3

(5%)

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

198,191

13,989.3

+31%

During the week, all sectors surged in terms of transaction value, led by the education with an 81% increase, followed by the telecommunication sector (52%). 

Consumer spending was focused on the beverage and food sector, totaling SAR 2.25 billion during the week. The restaurants and café sector trailed with total POS transactions worth SAR 1.98 billion, as follows: 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Dec. 23

Value of Transactions in Week Ended Dec. 30

Weekly Change (%)

Education

105.4

191.1

+81%

Telecommunication

81.3

123.5

+52%

Beverage & Food

1624.6

2253.7

+39%

Furniture

284.4

393.9

+38%

Recreation & Culture

265.9

363.2

+37%

Clothing & Footwear

706.0

944.2

+34%

Jewelry

182.0

243.2

+34%

Miscellaneous Goods & Services

1261.5

1653.7

+31%

Transportation

632.5

814.4

+29%

Healt

684.3

877.6

+28%

Electronic & Electric Devices

205.5

256.2

+25%

Restaurants & Cafe

1599.9

1983.3

+24%

Public Utilities

108.4

131.6

+21%

Gas Stations

693.6

841.0

+21%

Construction & Building Materials

346.6

407.8

+18%

Hotels

320.5

344.8

+8%

Others

1,598.6

2,166.2

+36%

Total

10,701.1

13,989.3

+31%

Geographically, Riyadh led in terms of POS value during the week with approximately SAR 4.64 billion, representing 33.2% of the total. Jeddah came in second with SAR 1.9 billion, as follows:

  

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Dec. 23

Value of Transactions in Week Ended Dec. 30

Weekly Change (%)

Riyadh

3,983.4

3,758.2

+24%

Jeddah

1,619.3

1,528.6

+24%

Dammam

581.7

543.9

+29%

Makkah

487.3

469.8

+31%

Madinah

461.6

432.8

+35%

Al Khobar

345.7

320.3

+24%

Buraydah

275.4

244.3

+28%

Tabuk

219.9

190.9

+48%

Hail

182.7

153.1

+49%

Abha

136.9

121.7

+39%

Other cities

3,343.6

2,937.6

+42%

Total

11,637.5

10,701.1

+31%


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