Record Surge in Saudi Arabia’s E-Commerce Sales
E-commerce sales in Saudi Arabia conducted via Mada cards reached approximately SAR 70 billion in the first quarter of 2025.
According to the statistical bulletin issued by the Saudi Central Bank (SAMA) in May 2025, e-commerce sales across the country made using Mada cards reached around SAR 70 billion (approximately USD 18.5 billion) in the first quarter of the year.
This figure marks the highest level ever recorded for e-commerce sales in Saudi Arabia. The bulletin indicates an annual growth of 56 percent and an increase of approximately SAR 25 billion compared to SAR 44.4 billion recorded during the same period in 2024.
Number of E-Commerce Transactions in Saudi Arabia Exceeds 370 Million
According to the report, the number of e-commerce transactions carried out using Mada cards exceeded 370 million during the specified period. During the same period, sales grew by 26 percent on a quarterly basis, increasing by around SAR 14 billion compared to SAR 55 billion recorded in the fourth quarter of 2024.
On a monthly basis, e-commerce sales made via Mada in May amounted to approximately SAR 28 billion. This figure was SAR 23 billion in April, marking an 18 percent increase. The number of e-commerce transactions exceeded 147 million.
The data showed a cumulative growth of 31.3 percent for the January–May 2025 period, with an increase of approximately SAR 6.5 billion compared to SAR 20.9 billion in January.
These figures include payments and purchases made using Mada cards via e-commerce websites, applications, and digital wallets. Transactions made with other credit cards are not included in this data. Mada is the national payment network in the Kingdom and one of the payment systems owned by the Saudi Central Bank.