POS weekly transactions at SAR 12.1B: SAMA

28/02/2024 Argaam Special

POS device


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 12.14 billion for the week ended Feb. 24, compared to SAR 11.97 billion in the previous week.

For more POS data on Argaam Tools

Data issued by the Saudi Central Bank (SAMA) showed that total POS transactions amounted to around 186.35 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 (%)

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

198191

13989.3

+31%

Dec. 31 – Jan. 6, 2024

198013

13393.8

(4%)

Jan. 7– Jan. 13

191673

12347.1

(8%)

Jan. 14– Jan. 20

172823

10607.7

(14%)

Jan. 21– Jan. 27

178011

11039.9

+4%

Jan. 28- Feb. 3

204897

14327.4

+30%

Feb. 4- Feb. 10

188307

11873.1

(17%)

Feb. 11- Feb. 17

191200

11965.4

+1%

Feb. 18- Feb. 24

186346

12137.9

+1%

 

During the week, the electronic & electric devices sector led gainers by 31%. The hotels and furniture sectors followed with 18% and 13% growth, respectively. 

  

On the other hand, the jewelry sector saw the steepest decline at 15%, followed by education (11%). 

  

Consumer spending was focused on the restaurants and cafes sector, totaling SAR 1.84 billion during the week. The food and beverage (F&B) sector trailed with total POS transactions worth SAR 1.79 billion, as follows: 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Feb. 17

Value of Transactions in Week Ended Feb. 24

Weekly Change (%)

Electronic & Electric Devices

222.2

290.9

+31%

Hotels

317.1

373.5

+18%

Furniture

321.5

363.8

+13%

Clothing & Footwear

723.5

798.8

+10%

Restaurants & Cafes

1801.3

1843.3

+2%

Construction & Building Materials

363.7

369.9

+2%

Recreation & Culture

281.8

285.9

+1%

Gas Stations

826.4

819.7

(1%)

Miscellaneous Goods & Services

1438.0

1424.2

(1%)

Health

743.8

719.5

(3%)

Transportation

643.5

617.1

(4%)

F&B

1874.8

1787.6

(5%)

Public Utilities

85.9

78.9

(8%)

Telecommunications

96.9

88.7

(8%)

Education

120.6

107.8

(11%)

Jewelry

282.5

239.7

(15%)

Others

1821.9

1928.7

+6%

Total

11965.4

12137.9

+1%

 

Riyadh led in terms of POS value during the week with approximately SAR 4.15 billion, representing 34.2% of the total. Jeddah came in second with SAR 1.76 billion, as follows:

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Feb. 17

Value of Transactions in Week Ended Feb. 24

Weekly Change (%)

Riyadh

4053.3

4146.0

+2%

Jeddah

1740.3

1761.3

+1%

Dammam

588.1

598.6

+2%

Makkah

521.2

527.7

+1%

Madinah

488.7

498.1

+2%

Al Khobar

349.5

355.8

+2%

Buraydah

275.7

295.6

+7%

Tabuk

223.6

209.9

(6%)

Hail

183.2

185.4

+1%

Abha

139.4

137.4

(1%)

Other Cities

3402.4

3422.1

+1%

Total

11965.4

12137.9

+1%


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