The Gross Domestic Product (GDP) in Saudi Arabia was worth 1067.58 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Saudi Arabia represents 1.01 percent of the world economy. This dataset provides - Saudi Arabia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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).

Graph and download economic data for Real Gross Domestic Product for Saudi Arabia (NGDPRSAXDCSAQ) from Q1 2010 to Q1 2025 about Saudi Arabia, real, and GDP.

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.

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.

Full Year GDP Growth in Saudi Arabia increased to 1.30 percent in 2024 from -0.80 percent in 2023. This dataset includes a chart with historical data for Saudi Arabia Full Year Gdp Growth.

Saudi Arabia GDP: Producer Values: Finance, Insurance, Real Estate and Business Services data was reported at 153,052.000 SAR mn in Dec 2024. This records an increase from the previous number of 139,483.000 SAR mn for Sep 2024. Saudi Arabia GDP: Producer Values: Finance, Insurance, Real Estate and Business Services data is updated quarterly, averaging 71,549.000 SAR mn from Mar 2003 (Median) to Dec 2024, with 88 observations. The data reached an all-time high of 153,052.000 SAR mn in Dec 2024 and a record low of 21,016.000 SAR mn in Sep 2003. Saudi Arabia GDP: Producer Values: Finance, Insurance, Real Estate and Business Services 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.A019: GDP: by Industry: Current Price.

Saudi Arabia GDP per capita for 2023 was $32,094, a 6.85% decline from 2022.

<ul style='margin-top:20px;'>

<li>Saudi Arabia GDP per capita for 2022 was <strong>$34,454</strong>, a <strong>21.33% increase</strong> from 2021.</li>
<li>Saudi Arabia GDP per capita for 2021 was <strong>$28,396</strong>, a <strong>22.02% increase</strong> from 2020.</li>
<li>Saudi Arabia GDP per capita for 2020 was <strong>$23,271</strong>, a <strong>16.57% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. 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 U.S. dollars.

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.

Saudi Arabia GDP: Producer Values: Manufacturing data was reported at 179,333.000 SAR mn in Dec 2024. This records an increase from the previous number of 166,991.000 SAR mn for Sep 2024. Saudi Arabia GDP: Producer Values: Manufacturing data is updated quarterly, averaging 76,588.000 SAR mn from Mar 2003 (Median) to Dec 2024, with 88 observations. The data reached an all-time high of 197,799.000 SAR mn in Jun 2024 and a record low of 21,118.700 SAR mn in Jun 2003. Saudi Arabia GDP: Producer Values: Manufacturing 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.A019: GDP: by Industry: Current Price.

GDP, billion currency units in Saudi Arabia, March, 2025 The most recent value is 1183.04 billion Saudi Riyal as of Q1 2025, an increase compared to the previous value of 1169.77 billion Saudi Riyal. Historically, the average for Saudi Arabia from Q1 2010 to Q1 2025 is 800.21 billion Saudi Riyal. The minimum of 477.91 billion Saudi Riyal was recorded in Q2 2010, while the maximum of 1218.95 billion Saudi Riyal was reached in Q2 2022. | TheGlobalEconomy.com

The Gross Domestic Product per capita in Saudi Arabia was last recorded at 23331.77 US dollars in 2023. The GDP per Capita in Saudi Arabia is equivalent to 185 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.

Historical chart and dataset showing Saudi Arabia GDP by year from 1960 to 2023.

Key information about Saudi Arabia Real GDP Growth

• The Gross Domestic Product (GDP) in Saudi Arabia contracted 3.7 % YoY in Dec 2023, following a negative growth of 4.4 % in the previous quarter.
• Real GDP Growth YoY data in Saudi Arabia is updated quarterly, available from Mar 2011 to Dec 2023, with an average rate of 2.8 %.
• The data reached an all-time high of 14.6 % in Sep 2011 and a record low of -7.4 % in Jun 2020.

• In the latest reports, Nominal GDP of Saudi Arabia reached 267.9 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 1.0 % in Mar 2023.
• GDP Per Capita in Saudi Arabia reached 34,441.1 USD in Dec 2022.
• Its Gross Savings Rate was measured at 37.4 % in Mar 2024.
• For Nominal GDP contributions, Investment accounted for 30.7 % in Mar 2023.
• Public Consumption accounted for 22.3 % in Mar 2024.
• Private Consumption accounted for 40.3 % in Mar 2024.

Forecast: Contribution to GDP of Construction in Saudi Arabia 2024 - 2028 Discover more data with ReportLinker!

In 2024, the share of the global gross domestic product (GDP) adjusted for purchasing power parity (PPP) in Saudi Arabia was about 1.08 percent. Between 1980 and 2024, the figure dropped by approximately 1.30 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the share will rise by around 0.01 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.

Forecast: Contribution to GDP of Manufacturing in Saudi Arabia 2024 - 2028 Discover more data with ReportLinker!

Graph and download economic data for Real Gross Domestic Product for Saudi Arabia (NGDPRXDCSAA) from 2010 to 2024 about Saudi Arabia, real, and GDP.