Saudi Arabia’s debt market to hit $500B by 2025 as economic reforms take effect
Posted on February 5, 2025 |
Saudi Arabia’s Debt Capital Market will reach $500 billion by the end of 2025, supported by its Vision 2030 goals.
Companies and the government use the Debt Capital Market to raise long-term funds by trading bonds and promissory notes.
By November 2024, the Gulf Cooperation Council's Debt Market crossed $1 trillion, helped by strong oil revenues.
The Gulf region will stay a key issuer of dollar-denominated debt in emerging markets through 2025.
In 2024, Saudi Arabia became the top dollar debt issuer among emerging markets (excluding China) and the world’s largest sukuk issuer.
Its Debt Market grew 20% in a year, reaching $432.5 billion.
Since 2020, Saudi banks have expanded their global debt activities to support growth and foreign currency needs.