Saudi Arabia GDP Growth Rate 1969-2020

NOTE: All 2020 and later data are UN projections and DO NOT include any impacts of the COVID-19 virus.
Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.
  • Saudi Arabia gdp growth rate for 2018 was 2.43%, a 3.18% increase from 2017.
  • Saudi Arabia gdp growth rate for 2017 was -0.74%, a 2.41% decline from 2016.
  • Saudi Arabia gdp growth rate for 2016 was 1.67%, a 2.44% decline from 2015.
  • Saudi Arabia gdp growth rate for 2015 was 4.11%, a 0.45% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Ireland 8.17%
Antigua and Barbuda 7.39%
Malta 6.77%
Monaco 6.10%
Macao 5.44%
Turks and Caicos Islands 5.28%
Poland 5.15%
Hungary 5.09%
Estonia 4.76%
Latvia 4.62%
Iceland 4.61%
Slovenia 4.12%
Cyprus 4.06%
Slovak Republic 4.03%
Chile 4.02%
Panama 3.68%
Lithuania 3.64%
Seychelles 3.63%
Israel 3.45%
Greenland 3.22%
Singapore 3.14%
Luxembourg 3.11%
Hong Kong 3.00%
Czech Republic 2.96%
Australia 2.94%
United States 2.93%
St. Kitts and Nevis 2.92%
New Zealand 2.77%
Switzerland 2.75%
South Korea 2.67%
Croatia 2.63%
Netherlands 2.60%
Portugal 2.44%
Saudi Arabia 2.43%
Austria 2.42%
Denmark 2.39%
Spain 2.35%
Sweden 2.23%
Greece 1.93%
Canada 1.90%
Bahrain 1.78%
Oman 1.76%
UAE 1.73%
France 1.72%
Palau 1.71%
Finland 1.67%
Andorra 1.63%
Uruguay 1.62%
Bahamas 1.57%
Germany 1.53%
Qatar 1.49%
Belgium 1.46%
United Kingdom 1.39%
Norway 1.29%
Kuwait 1.25%
Japan 0.79%
Italy 0.77%
Brunei 0.05%
Trinidad and Tobago -0.25%
Guam -0.27%
Barbados -0.50%
Curacao -2.17%
Argentina -2.48%
Puerto Rico -4.91%
Northern Mariana Islands -19.61%
Saudi Arabia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2018 2.43% 3.18%
2017 -0.74% -2.41%
2016 1.67% -2.44%
2015 4.11% 0.45%
2014 3.65% 0.95%
2013 2.70% -2.71%
2012 5.41% -4.59%
2011 10.00% 4.96%
2010 5.04% 7.10%
2009 -2.06% -8.31%
2008 6.25% 4.40%
2007 1.85% -0.94%
2006 2.79% -2.79%
2005 5.57% -2.38%
2004 7.96% -3.28%
2003 11.24% 14.06%
2002 -2.82% -1.61%
2001 -1.21% -6.84%
2000 5.63% 9.39%
1999 -3.76% -6.66%
1998 2.89% 1.79%
1997 1.10% -1.53%
1996 2.64% 2.43%
1995 0.21% -0.35%
1994 0.56% 1.92%
1993 -1.36% -5.35%
1992 3.99% -11.02%
1991 15.01% -0.19%
1990 15.19% 15.70%
1989 -0.50% -13.61%
1988 13.11% 19.74%
1987 -6.63% -23.65%
1986 17.01% 26.81%
1985 -9.79% -5.13%
1984 -4.66% 11.39%
1983 -16.05% 4.68%
1982 -20.73% -22.67%
1981 1.94% -3.71%
1980 5.65% -6.27%
1979 11.92% 17.14%
1978 -5.22% -12.31%
1977 7.09% -10.73%
1976 17.82% 26.75%
1975 -8.93% -25.16%
1974 16.23% -7.94%
1973 24.17% 1.24%
1972 22.93% 2.42%
1971 20.51% -38.14%
1970 58.65% 52.61%
1969 6.04% 52.61%