FX.co ★ Saudi Arabia’s M3 Money Supply Growth Edges Up to 8.5% in January 2026

Saudi Arabia’s M3 money supply expanded by 8.50% year-over-year in January 2026, a slight acceleration from the 8.40% annual growth recorded in December 2025. The latest data, updated on 26 February 2026, indicates a modest strengthening in broad liquidity conditions in the Kingdom at the start of the year.

Both figures are based on year-over-year comparisons, with the January 2026 reading measured against January 2025 and the December 2025 figure compared with December 2024. The marginal uptick in M3 growth suggests that overall money supply in the Saudi economy continued to rise at a steady pace moving into 2026, signaling a stable monetary backdrop for financial markets and credit activity.