Saudi Arabia GDP Annual Growth Rate: 3.7% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Saudi Arabia is estimated to be $717 Billion US dollars at the end of 2023.

The economy of Saudi Arabia has grown at an average annual growth rate of 2.6% in the last four years and is ranked the 1st largest economy in Middle East, ahead of .

World Economics Rates Saudi Arabia's Offical GDP Data as Grade C

GDP Annual Growth Rate: Saudi Arabia


Source: World Bank, World Economics
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Economic Indicators: Saudi Arabia 2020 2021 2022 2023
GDP Annual Growth Rate (%) -4.1 3.2 7.6 3.7
GDP per Capita Annual Growth Rate (%) -4.6 3.4 7.6 3.7
Real GDP (US$ Billions, 2010) 651 672 697 717
Real GDP per Capita (US$, 2010) 18,086 18,696 19,382 19,949
Current GDP (Billions, US$) 703 834 864 889
Current GDP per Capita (US$) 19,540 23,186 24,037 24,740
Real GDP PPP (Billions, 2017) 1,544 1,594 1,715 1,778
Real GDP per Capita PPP (int$ 2017) 44,349 45,104 47,850 48,944
Data Quality Rating for Saudi Arabia See how much you can trust Saudi Arabia's GDP Data





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SAUDI ARABIA'S ECONOMICS
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