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GDP Growth Oil Sector in Saudi Arabia increased to 3.80 percent in the second quarter of 2025 from -0.50 percent in the first quarter of 2025. This dataset includes a chart with historical data for Saudi Arabia GDP Growth Oil Sector.
In 2021, the average share of GDP generated from oil rents in Saudi Arabia stood at ***** percent. Between 1970 and 2021, the figure dropped by **** percentage points, though the decline followed an uneven course rather than a steady trajectory.
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Graph and download economic data for Non-Oil Real GDP Growth in Constant Prices for Saudi Arabia (SAUNGDPXORPCHPT) from 2000 to 2025 about non-oil, Saudi Arabia, REO, real, GDP, and rate.
In 2020, the government sector in Saudi Arabia generated an estimated gross domestic product (GDP) in the non-oil industry of approximately ****** billion Saudi riyals. The total GDP for that year was approximately **** trillion Saudi riyals.
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GDP Growth Non Oil Sector in Saudi Arabia decreased to 4.70 percent in the second quarter of 2025 from 4.90 percent in the first quarter of 2025. This dataset includes a chart with historical data for Saudi Arabia GDP Growth Non Oil Sector.
As of 2023, the share of non-oil exports contribution to the total GDP in Saudi Arabia stood at ** percent. This was the same as its original base. As part of its Vision 2030 goal, the country aims to increase non-oil exports contribution to ** percent of the total GDP by the end of the decade.
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Saudi Arabia GDP: Producer Values: Non Oil: Government data was reported at 576,013.310 SAR mn in 2017. This records an increase from the previous number of 569,618.987 SAR mn for 2016. Saudi Arabia GDP: Producer Values: Non Oil: Government data is updated yearly, averaging 117,804.064 SAR mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 576,013.310 SAR mn in 2017 and a record low of 4,619.141 SAR mn in 1970. Saudi Arabia GDP: Producer Values: Non Oil: Government data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.A008: GDP: by Industry: Current Price: Annual.
The largest contribution to the non-oil gross domestic product (GDP) of Saudi Arabia in 2019 was government services at about **** percent. There were sustained investments in the health sector improving key health indicators in the country prior to the COVID-19 pandemic.
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Saudi Arabia GDP: Producer Values: Oil data was reported at 732,908.396 SAR mn in 2017. This records an increase from the previous number of 595,493.622 SAR mn for 2016. Saudi Arabia GDP: Producer Values: Oil data is updated yearly, averaging 201,847.701 SAR mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 1,376,576.012 SAR mn in 2012 and a record low of 10,389.619 SAR mn in 1970. Saudi Arabia GDP: Producer Values: Oil data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.A008: GDP: by Industry: Current Price: Annual.
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Saudi Arabia GDP: Producer Values: Non Oil Sector data was reported at 481,377.181 SAR mn in Jun 2018. This records an increase from the previous number of 476,544.115 SAR mn for Mar 2018. Saudi Arabia GDP: Producer Values: Non Oil Sector data is updated quarterly, averaging 281,084.102 SAR mn from Mar 2003 (Median) to Jun 2018, with 62 observations. The data reached an all-time high of 481,377.181 SAR mn in Jun 2018 and a record low of 114,063.300 SAR mn in Mar 2003. Saudi Arabia GDP: Producer Values: Non Oil Sector data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.A007: GDP: by Industry: Current Price.
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The Gross Domestic Product (GDP) in Saudi Arabia expanded 1.70 percent in the second 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.
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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.
As of the first half of 2024, the real year-on-year non-oil gross domestic product (GDP) growth in Saudi Arabia was *** percent. Comparatively, the non-oil economy in the country saw a *** percent growth in the previous year.
Oil and gas producing countries in the Middle East are among those with the highest reliance on oil and gas for their economic performance. In 2023, Saudi Arabia attributed **** of its GDP to oil and gas industry activity. Of the five countries with the highest oil and gas share in GDP, **** were in the Middle East. By comparison, despite being the world’s largest oil producer, the oil and gas industry in the United States accounted for only ***** percent of total GDP. The role of oil and gas in Saudi Arabia The oil and gas industry is the single most significant contributor to the economy of Saudi Arabia. The country is home to the largest conventional oil field in the world, the Ghawar Field, and oil production reaches around ************ barrels per day. Oil and gas exports are the country’s main means of income. Due to a lower domestic demand than its closest producing competitors, the U.S. and Russia, Saudi Arabia has remained the country with the highest value of oil exports. In 2023, oil exports brought in over *********** U.S. dollars. GDP growth amid a stagnating oil market Oil prices and as such oil demand are the greatest determinant for the industry’s financial contributions. In 2024, a sluggish world oil market dampened prices for most of the second half of the year. This will likely be reflected in the fiscal year performance of major oil and gas entities such as Saudi Arabia’s Saudi Aramco and also impact GDP growth projections.
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Saudi Arabia GDP: Gross Fixed Capital Formation: Oil data was reported at 79,964.064 SAR mn in 2016. This records a decrease from the previous number of 80,027.156 SAR mn for 2015. Saudi Arabia GDP: Gross Fixed Capital Formation: Oil data is updated yearly, averaging 9,423.500 SAR mn from Dec 1969 (Median) to 2016, with 48 observations. The data reached an all-time high of 90,313.907 SAR mn in 2014 and a record low of 64.000 SAR mn in 1970. Saudi Arabia GDP: Gross Fixed Capital Formation: Oil data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.A002: GDP: by Expenditure: Current Price: Annual.
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Saudi Arabia GDP: Producer Values: Non Oil Sector: Private data was reported at 315,850.392 SAR mn in Jun 2018. This records a decrease from the previous number of 322,164.734 SAR mn for Mar 2018. Saudi Arabia GDP: Producer Values: Non Oil Sector: Private data is updated quarterly, averaging 191,362.071 SAR mn from Mar 2003 (Median) to Jun 2018, with 62 observations. The data reached an all-time high of 322,164.734 SAR mn in Mar 2018 and a record low of 74,298.500 SAR mn in Jun 2003. Saudi Arabia GDP: Producer Values: Non Oil Sector: Private data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.A007: GDP: by Industry: Current Price.
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Graph and download economic data for Non-oil Revenue for General Government for Saudi Arabia (SAUGGRXOGDPXOPT) from 2000 to 2025 about non-oil, Saudi Arabia, revenue, REO, and government.
In Saudi Arabia, the real oil gross domestic product growth (GDP) decreased in the first quarter of 2019 to reach *** percent, and negative three percent in the second quarter. The decline was due to the lowered production following the OPEC+ agreement and the reduction in world oil prices. Also, the trade war decreased the global oil demand and increased the volatility of its price.
Explore the Saudi Arabia Gross Domestic Product dataset by institutional sectors at current prices. Analyze Non-Oil Sector, Gross Value Added, Net Taxes on Products, and more. Access essential GDP data now!
Non-Oil Sector, Gross Domestic Product, Gross Value Added, Net Taxes on Products, Oil Sector, GDP, oil , Non-Oil, government sector, National Accounts, GDP data
Saudi ArabiaFollow data.kapsarc.org for timely data to advance energy economics research.The Data for 2022 & 2023 are provisional
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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.
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GDP Growth Oil Sector in Saudi Arabia increased to 3.80 percent in the second quarter of 2025 from -0.50 percent in the first quarter of 2025. This dataset includes a chart with historical data for Saudi Arabia GDP Growth Oil Sector.