An ATM machine
Consumer spending in Saudi Arabia grew by 7% to SAR 1.41 trillion in 2024 from nearly SAR 1.31 trillion a year earlier. 
Consumer spending in the Kingdom represents total cash withdrawals, point-of-sale (POS) transactions, and e-commerce via Mada cards.
POS transactions rose 9% year-on-year (YoY) to around SAR 668.2 billion in 2024.
The data showed that 10.4 billion transactions were processed through 1.98 million POS terminals during the same period.
POS transactions represent the expenditures made by consumers using their ATM cards and credit cards at shopping malls, retail stores, pharmacies, and other retail outlets.
Cash withdrawals from ATMs rose by 1% YoY to about SAR 552.8 billion in 2024.
These withdrawals were processed through 15,100 ATMs in 1.49 billion transactions.
E-commerce sales through Mada cards climbed 26% YoY to SAR 197.4 billion in 2024.
According to monthly data issued by the Saudi Central Bank (SAMA), these sales were made through 1.13 billion transactions.
Online sales include transactions processed through Mada cards for payments and purchases made via online shopping and applications. However, these do not include transactions conducted using Visa, Mastercard, or other credit cards.
An ATM machine
Consumer spending in Saudi Arabia grew by 7% to SAR 1.41 trillion in 2024 from nearly SAR 1.31 trillion a year earlier.
Consumer spending in the Kingdom represents total cash withdrawals, point-of-sale (POS) transactions, and e-commerce via Mada cards.
POS transactions rose 9% year-on-year (YoY) to around SAR 668.2 billion in 2024.
The data showed that 10.4 billion transactions were processed through 1.98 million POS terminals during the same period.
POS transactions represent the expenditures made by consumers using their ATM cards and credit cards at shopping malls, retail stores, pharmacies, and other retail outlets.
Cash withdrawals from ATMs rose by 1% YoY to about SAR 552.8 billion in 2024.
These withdrawals were processed through 15,100 ATMs in 1.49 billion transactions.
E-commerce sales through Mada cards climbed 26% YoY to SAR 197.4 billion in 2024.
According to monthly data issued by the Saudi Central Bank (SAMA), these sales were made through 1.13 billion transactions.
Online sales include transactions processed through Mada cards for payments and purchases made via online shopping and applications. However, these do not include transactions conducted using Visa, Mastercard, or other credit cards.
