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: Economic growth forecast: The latest value from 2030 is 3.28 percent, an increase from 3.18 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Saudi Arabia from 1980 to 2030 is 2.25 percent. The minimum value, -16.11 percent, was reached in 1982 while the maximum of 10.99 percent was recorded in 2011.

The Gross Domestic Product (GDP) in Saudi Arabia expanded 1.10 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Saudi Arabia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 ******** billion U.S. dollars.

In 2024, the growth of the real gross domestic product (GDP) in Saudi Arabia stood at about 1.31 percent. Between 1980 and 2024, the figure dropped by approximately 4.49 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 1.97 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

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 July of 2025.

Graph and download economic data for Projection of General government gross debt for Saudi Arabia (GGGDTPSAA188N) from 2025 to 2030 about Saudi Arabia, projection, gross, debt, and government.

The Gross Domestic Product (GDP) in Saudi Arabia expanded 3.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Saudi Arabia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Saudi Arabia Nominal GDP Growth

• Saudi Arabia Nominal GDP Growth was reported at 0.801 % in Dec 2024.
• This records a decrease from the previous number of 1.031 % for Sep 2024.
• Saudi Arabia Nominal GDP Growth data is updated quarterly, averaging 7.239 % from Mar 2004 to Dec 2024, with 84 observations.
• The data reached an all-time high of 49.034 % in Jun 2008 and a record low of -30.627 % in Jun 2009.
• Saudi Arabia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

Explore real GDP growth projections dataset, including insights into the impact of COVID-19 on economic trends. This dataset covers countries such as Spain, Australia, France, Italy, Brazil, and more.

growth rate, Real, COVID-19, GDP

Spain, Australia, France, Italy, Brazil, Argentina, United Kingdom, United States, Canada, Russia, Turkiye, World, China, Mexico, Korea, India, Saudi Arabia, South Africa, Germany, Indonesia, JapanFollow data.kapsarc.org for timely data to advance energy economics research..Source: OECD Economic Outlook database.- India projections are based on fiscal years, starting in April. The European Union is a full member of the G20, but the G20 aggregate only includes countries that are also members in their own right. Spain is a permanent invitee to the G20. World and G20 aggregates use moving nominal GDP weights at purchasing power parities. Difference in percentage points, based on rounded figures.

Saudi Arabia MEP Projection: Population data was reported at 33.110 Person mn in 2024. This records an increase from the previous number of 30.530 Person mn for 2019. Saudi Arabia MEP Projection: Population data is updated yearly, averaging 28.190 Person mn from Dec 2004 (Median) to 2024, with 5 observations. The data reached an all-time high of 33.110 Person mn in 2024 and a record low of 22.670 Person mn in 2004. Saudi Arabia MEP Projection: Population data remains active status in CEIC and is reported by Ministry of Economy and Planning. The data is categorized under Global Database’s Saudi Arabia – Table SA.G005: Population: Projection: Ministry of Economy and Planning.

Saudi Arabia MEP Projection: Unemployment Rate data was reported at 1.900 % in 2024. This records a decrease from the previous number of 3.500 % for 2019. Saudi Arabia MEP Projection: Unemployment Rate data is updated yearly, averaging 5.500 % from Dec 2004 (Median) to 2024, with 5 observations. The data reached an all-time high of 14.600 % in 2004 and a record low of 1.900 % in 2024. Saudi Arabia MEP Projection: Unemployment Rate data remains active status in CEIC and is reported by Ministry of Economy and Planning. The data is categorized under Global Database’s Saudi Arabia – Table SA.G019: Unemployment: Projection: Ministry of Economy and Planning.

GDP per capita growth (annual %) in Saudi Arabia was reported at --2.7995 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Saudi Arabia MEP Projection: LF: University data was reported at 2,575.700 Person th in 2024. This records an increase from the previous number of 2,134.500 Person th for 2019. Saudi Arabia MEP Projection: LF: University data is updated yearly, averaging 1,694.000 Person th from Dec 2004 (Median) to 2024, with 5 observations. The data reached an all-time high of 2,575.700 Person th in 2024 and a record low of 945.100 Person th in 2004. Saudi Arabia MEP Projection: LF: University data remains active status in CEIC and is reported by Ministry of Economy and Planning. The data is categorized under Global Database’s Saudi Arabia – Table SA.G009: Labour Force: by Educational Level: Projection: Ministry of Economy and Planning.

Graph and download economic data for Projection of General government net lending/borrowing for Saudi Arabia (GGNLBPSAA188N) from 2025 to 2030 about Saudi Arabia, budget, projection, Net, and government.

GDP per capita (current US$) in Saudi Arabia was reported at 32094 USD in 2023, 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 June of 2025.

The forecasted value of the construction industry to the gross domestic product (GDP) in Saudi Arabia for 2019 was about *** percent. The construction market was undergoing a comeback after a period of economic volatility that followed the collapse of the Dubai real estate market.

GDP, PPP (current international $) in Saudi Arabia was reported at 2514913068784 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The gross domestic product (GDP) per capita in Saudi Arabia amounted to about 30.75 thousand U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by approximately 11.21 thousand 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 around 3.82 thousand 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).

By 2030, artificial intelligence was expected to contribute around ** percent to the gross domestic product (GDP) of Morocco. In comparison, the projected AI contribution to the economy of Saudi Arabia by 2030 was forecast at approximately **** percent of its GDP. Saudi Arabia’s AI landscape The Kingdom's national AI strategy aims to achieve global leadership and establish a data-driven economy. AI contribution to the GDP of Saudi Arabia was forecast to reach approximately *** billion U.S. dollars by 2030, making the Kingdom the largest anticipated collector of the AI gains in the region. Funds received by Saudi AI companies reached *** billion U.S. dollars in 2023. Nevertheless, the number of AI specialists in the country remained lower than in the neighboring United Arab Emirates, which had around ** percent more domain specialists in 2024. AI in MENA The Middle East and North Africa hold tremendous potential for AI expansion and economic growth, with market forecasts set to reach approximately ** billion U.S. dollars by 2030. At an organizational level, businesses are projected to double their return on investment (ROI) for applications like cloud-generative AI implementations. AI is anticipated to also contribute to the daily work of professionals, primarily helping with product creation, via providing intelligent interfaces, and by reducing administrative tasks. With the growth trends in data center investment and IT spending, AI adoption in MENA is expected to free up time for higher-level tasks like strategic thinking or problem-solving and considerably increase productivity.