Africa's Development: Annual real GDP growth rate Growth rate … 02 in Saudi Arabia
Saudi Arabia: Africa's Development: Annual real GDP growth rate Growth rate … 02 was 3.52 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Saudi Arabia, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Saudi Arabia is 3.52 Percent per annum, measured in 2029.
The figure is up 17.5% on the previous year and up 220.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Saudi Arabia peaked at 15.19 Percent per annum in 1990 and was at its lowest, -3.76 Percent per annum, in 1999.
That places Saudi Arabia 62nd out of 166 countries with data for 2029, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth rate Growth rate … 02 in Saudi Arabia, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 15.19 Percent per annum | — |
| 1991 | 15.01 Percent per annum | -1.2% |
| 1992 | 3.99 Percent per annum | -73.4% |
| 1993 | -1.36 Percent per annum | -134.2% |
| 1994 | 0.5587 Percent per annum | -141.0% |
| 1995 | 0.2121 Percent per annum | -62.0% |
| 1996 | 2.64 Percent per annum | +1143.7% |
| 1997 | 1.1 Percent per annum | -58.1% |
| 1998 | 2.89 Percent per annum | +162.1% |
| 1999 | -3.76 Percent per annum | -230.1% |
| 2000 | 5.63 Percent per annum | -249.5% |
| 2001 | -1.21 Percent per annum | -121.5% |
| 2002 | -2.82 Percent per annum | +132.8% |
| 2003 | 11.24 Percent per annum | -498.8% |
| 2004 | 7.96 Percent per annum | -29.2% |
| 2005 | 5.57 Percent per annum | -30.0% |
| 2006 | 2.79 Percent per annum | -50.0% |
| 2007 | 1.85 Percent per annum | -33.8% |
| 2008 | 6.25 Percent per annum | +238.3% |
| 2009 | -2.06 Percent per annum | -132.9% |
| 2010 | 5.04 Percent per annum | -344.7% |
| 2011 | 10.99 Percent per annum | +118.2% |
| 2012 | 5.41 Percent per annum | -50.8% |
| 2013 | 2.53 Percent per annum | -53.1% |
| 2014 | 3.81 Percent per annum | +50.4% |
| 2015 | 4.51 Percent per annum | +18.3% |
| 2016 | 1.88 Percent per annum | -58.2% |
| 2017 | 0.9111 Percent per annum | -51.7% |
| 2018 | 3.2 Percent per annum | +251.1% |
| 2019 | 1.1 Percent per annum | -65.7% |
| 2020 | -3.58 Percent per annum | -426.3% |
| 2021 | 5.08 Percent per annum | -241.7% |
| 2022 | 7.49 Percent per annum | +47.5% |
| 2023 | -0.7549 Percent per annum | -110.1% |
| 2024 | 2.55 Percent per annum | -438.3% |
| 2025 | 5.97 Percent per annum | +133.7% |
| 2026 | 3.98 Percent per annum | -33.4% |
| 2027 | 3.5 Percent per annum | -12.0% |
| 2028 | 3 Percent per annum | -14.4% |
| 2029 | 3.52 Percent per annum | +17.5% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 3.52 Percent per annum is above the median for high income countries, which is 2.23 Percent per annum, 1.6× the median. (52 countries reporting)
- Saudi Arabia's 3.52 Percent per annum is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.18 Percent per annum, 1.1× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +1143.7% | 0.2121 Percent per annum | 2.64 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.65 Percent per annum | -3.76 Percent per annum | 15.19 Percent per annum | 10 |
| 2000s | 3.52 Percent per annum | -2.82 Percent per annum | 11.24 Percent per annum | 10 |
| 2010s | 3.94 Percent per annum | 0.9111 Percent per annum | 10.99 Percent per annum | 10 |
| 2020s | 3.07 Percent per annum | -3.58 Percent per annum | 7.49 Percent per annum | 10 |
Countries ranked near Saudi Arabia
- 59 Seychelles 3.59 Percent per annum compare
- 60 Israel 3.56 Percent per annum compare
- 61 Iraq 3.56 Percent per annum compare
- 63 Malta 3.51 Percent per annum compare
- 64 Nicaragua 3.5 Percent per annum compare
- 64 North Macedonia 3.5 Percent per annum compare
- 64 Paraguay 3.5 Percent per annum compare
- 64 Romania 3.5 Percent per annum compare
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 580.45 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3713 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 423.84 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.52 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.008 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 276.75 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Saudi Arabia?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Saudi Arabia was 3.52 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Saudi Arabia?
- The highest recorded value was 15.19 Percent per annum in 1990.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Saudi Arabia?
- The lowest recorded value was -3.76 Percent per annum in 1999.
- How does Saudi Arabia rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Saudi Arabia ranks 62nd out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Saudi Arabia?
- Over the last ten years it is up 220.6%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.