Saudi Arabia GDP Growth Rate 1960-2024

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 2022 was 8.68%, a 4.35% increase from 2021.
  • Saudi Arabia gdp growth rate for 2021 was 4.33%, a 8.67% increase from 2020.
  • Saudi Arabia gdp growth rate for 2020 was -4.34%, a 5.17% decline from 2019.
  • Saudi Arabia gdp growth rate for 2019 was 0.83%, a 1.93% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Bahamas 14.37%
Barbados 11.33%
Monaco 11.10%
Panama 10.81%
Aruba 10.46%
Sint Maarten (Dutch part) 9.80%
Antigua and Barbuda 9.52%
Ireland 9.43%
Seychelles 9.00%
Kuwait 8.86%
St. Kitts and Nevis 8.85%
Andorra 8.81%
Saudi Arabia 8.68%
Curacao 7.89%
UAE 7.85%
Iceland 7.24%
Malta 6.92%
Israel 6.83%
Portugal 6.83%
Croatia 6.35%
Turks and Caicos Islands 6.20%
Spain 5.77%
Greece 5.56%
Faroe Islands 5.40%
Poland 5.26%
Cyprus 5.06%
Argentina 4.96%
Uruguay 4.92%
Bahrain 4.86%
Austria 4.81%
Hungary 4.55%
French Polynesia 4.47%
United Kingdom 4.35%
Netherlands 4.33%
Oman 4.31%
Australia 4.27%
Qatar 4.21%
Canada 3.82%
Italy 3.72%
Cayman Islands 3.67%
Singapore 3.65%
New Caledonia 3.50%
Puerto Rico 3.36%
Latvia 3.36%
Norway 3.02%
Belgium 3.01%
Bermuda 2.93%
Sweden 2.91%
New Zealand 2.85%
Denmark 2.73%
South Korea 2.61%
Switzerland 2.57%
Slovenia 2.46%
France 2.45%
Chile 2.44%
Lithuania 2.44%
Czech Republic 2.35%
United States 1.94%
Germany 1.81%
Slovak Republic 1.75%
Finland 1.63%
Trinidad and Tobago 1.48%
Luxembourg 1.38%
Japan 0.95%
Isle of Man 0.00%
Palau 0.00%
San Marino 0.00%
St. Martin (French part) 0.00%
Guam 0.00%
Channel Islands 0.00%
Greenland 0.00%
Virgin Islands (U.S.) 0.00%
British Virgin Islands 0.00%
Gibraltar 0.00%
Liechtenstein 0.00%
Northern Mariana Islands 0.00%
Estonia -1.29%
Brunei -1.63%
Hong Kong -3.48%
Macao -21.45%
Saudi Arabia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 8.68% 4.35%
2021 4.33% 8.67%
2020 -4.34% -5.17%
2019 0.83% -1.93%
2018 2.76% 2.83%
2017 -0.07% -2.43%
2016 2.36% -2.33%
2015 4.69% 0.66%
2014 4.03% 1.18%
2013 2.85% -2.58%
2012 5.43% -5.57%
2011 10.99% 5.95%
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% 6.04%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%