The Gross Domestic Product (GDP) in Saudi Arabia was worth 1237.53 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Saudi Arabia represents 1.17 percent of the world economy. This dataset provides - Saudi Arabia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Saudi Arabia: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 879.6 billion U.S. dollars, an increase from 864 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Saudi Arabia from 1960 to 2024 is 369 billion U.S. dollars. The minimum value, 39.1 billion U.S. dollars, was reached in 1960 while the maximum of 879.6 billion U.S. dollars was recorded in 2024.

The Gross Domestic Product per capita in Saudi Arabia was last recorded at 24917.19 US dollars in 2024. The GDP per Capita in Saudi Arabia is equivalent to 197 percent of the world's average. This dataset provides the latest reported value for - Saudi Arabia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Saudi Arabia (PGD2USSAA621NUPN) from 1986 to 2010 about Saudi Arabia, PPP, per capita, and GDP.

The timeline shows the gross domestic product of Saudi Arabia from 1987 to 2024, with projections up until 2030. In 2024, Saudi Arabia's gross domestic product (GDP) amounted to approximately 1,085.36 billion U.S. dollars.

GDP (current US$) in Saudi Arabia was reported at 1237529866667 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Saudi Arabia: GDP per capita, constant dollars: The latest value from 2024 is 24917.19 U.S. dollars, a decline from 25634.82 U.S. dollars in 2023. In comparison, the world average is 15841.40 U.S. dollars, based on data from 178 countries. Historically, the average for Saudi Arabia from 1960 to 2024 is 29512.72 U.S. dollars. The minimum value, 16039.29 U.S. dollars, was reached in 1960 while the maximum of 59924.25 U.S. dollars was recorded in 1974.

The gross domestic product (GDP) per capita in Saudi Arabia amounted to 30,750 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 11,210 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by 3,820 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Saudi Arabia GDP Per Capita

• Saudi Arabia Gross Domestic Product (GDP) per Capita reached 34,441.065 USD in Dec 2022, compared with 28,215.146 USD in Dec 2021.
• Saudi Arabia GDP Per Capita data is updated yearly, available from Dec 1963 to Dec 2022, with an average number of 8,799.290 USD.
• The data reached an all-time high of 34,441.065 USD in Dec 2022 and a record low of 380.370 in Dec 1963.
• CEIC converts annual GDP per Capita into USD. General Authority for Statistics provides GDP per Capita in local currency. Saudi Central Bank average market exchange rate is used for currency conversions. GDP per Capita prior to 1971 is calculated from Nominal GDP based on SNA 1993 and Population sourced from the U.S. Census Bureau.

• In the latest reports, Saudi Arabia GDP expanded 3.783 % YoY in Mar 2023.
• Saudi Arabia Nominal GDP reached 267.899 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 0.968 % in Mar 2023.
• Gross Savings Rate of Saudi Arabia was measured at 40.810 % in Mar 2023.

Saudi Arabia: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 62677 U.S. dollars, a decline from 64482 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Saudi Arabia from 1990 to 2024 is 58751 U.S. dollars. The minimum value, 50372 U.S. dollars, was reached in 2002 while the maximum of 67269 U.S. dollars was recorded in 1991.

The average for 2024 based on 15 countries was 265.91 billion U.S. dollars. The highest value was in Saudi Arabia: 1237.53 billion U.S. dollars and the lowest value was in Djibouti: 4.09 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Saudi Arabia SA: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 20,080.000 USD in 2017. This records a decrease from the previous number of 21,780.000 USD for 2016. Saudi Arabia SA: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 8,800.000 USD from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 25,570.000 USD in 2014 and a record low of 930.000 USD in 1970. Saudi Arabia SA: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Saudi Arabia SA: GDP: PPP data was reported at 1,773,549.391 Intl $ mn in 2017. This records an increase from the previous number of 1,755,109.840 Intl $ mn for 2016. Saudi Arabia SA: GDP: PPP data is updated yearly, averaging 845,698.257 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,773,549.391 Intl $ mn in 2017 and a record low of 448,031.252 Intl $ mn in 1990. Saudi Arabia SA: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

GDP per capita (current US$) in Saudi Arabia was reported at 35057 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

This statistic shows gross domestic product (GDP) of the MENA countries in 2024. The MENA region in North Africa and the Middle East comprises the countries Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, and Yemen. In 2024, the GDP of Saudi Arabia amounted to approximately 1.085 trillion U.S. dollars.

Saudi Arabia SA: GDP: PPP:(GDP) Gross Domestic Productper Capita data was reported at 53,844.736 Intl $ in 2017. This records a decrease from the previous number of 54,378.698 Intl $ for 2016. Saudi Arabia SA: GDP: PPP:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 36,921.756 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 54,378.698 Intl $ in 2016 and a record low of 27,441.436 Intl $ in 1990. Saudi Arabia SA: GDP: PPP:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;

This statistic shows the trade balance of goods of Saudi Arabia from 2014 to 2024. In 2024, Saudi Arabia's trade balance surplus amounted to approximately 73.32 billion years. Saudi Arabia's economic state Saudi Arabia’s positive trade balance dropped during the economic crisis, recovered thereafter, but has faltered somewhat in the past couple of years. This is likely due to a loss in export income associated with falling crude oil prices in the region. This has affected the economy and is expected to increase the country’s national debt. As a major oil producer and exporter, on the one hand Saudi Arabia needs to maintain international relations related to the export of its most precious resource, and on the other hand it needs to preserve stability in the region. For the most part, the country has been able to do so. Due to large oil reserves throughout the region, Saudi Arabia’s most important export partners include China, the United States, Japan, South Korea, India and Singapore. As one of the main oil producers worldwide and ranked among the countries with the largest GDP, Saudi Arabia remains one of the key players in the Muslim and Arab world. It is also home to the birthplace of the Muslim Prophet Mohammed, giving the country a special significance. However, as tension rise with Iran, an uneasy relationship based in religion, politics and history, preserving stability in the region and international relations may become a challenge.

The national debt of Saudi Arabia was about 324.25 billion U.S. dollars in 2024. Between 1991 and 2024, the national debt rose by approximately 272.29 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 306.70 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

This scatter chart displays population (people) against GDP (current US$) in Saudi Arabia. The data is filtered where the date is 2023. The data is about countries per year.

This bar chart displays GDP (current US$) by region using the aggregation sum in Saudi Arabia. The data is about countries per year.