Annual GDP growth (%) in Saudi Arabia
Saudi Arabia: Annual GDP growth (%) was 2.0% in 2024. ◆ Volatile
Annual GDP growth in Saudi Arabia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Saudi Arabia recorded 2.0% for annual gdp growth in 2024.
That represents a change of up 268.0% on the previous year and down 50.4% over ten years.
Over the whole period, annual gdp growth in Saudi Arabia peaked at 12.0% in 2022 and was at its lowest, -3.8%, in 2020.
Saudi Arabia ranks 156th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.7% | — |
| 2001 | 0.3% | -92.7% |
| 2002 | -0.7% | -299.8% |
| 2003 | 8.8% | -1373.8% |
| 2004 | 8.6% | -1.6% |
| 2005 | 5.9% | -31.1% |
| 2006 | 3.3% | -44.3% |
| 2007 | 2.2% | -33.2% |
| 2008 | 6.2% | +181.8% |
| 2009 | -1.1% | -117.1% |
| 2010 | 5.0% | -572.4% |
| 2011 | 11.8% | +133.3% |
| 2012 | 5.8% | -51.0% |
| 2013 | 2.9% | -48.9% |
| 2014 | 4.0% | +36.6% |
| 2015 | 4.7% | +15.7% |
| 2016 | 1.7% | -63.4% |
| 2017 | 1.2% | -30.6% |
| 2018 | 3.2% | +173.0% |
| 2019 | 1.7% | -48.8% |
| 2020 | -3.8% | -330.4% |
| 2021 | 6.5% | -271.4% |
| 2022 | 12.0% | +84.1% |
| 2023 | 0.5% | -95.5% |
| 2024 | 2.0% | +268.0% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 2.0% is below the median for high income countries, which is 2.1%, 94% of the median. (80 countries reporting)
- Saudi Arabia's 2.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%, 88% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) 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 |
|---|---|---|---|
| 2003 | +1373.8% | -0.7% | 8.8% |
| 2010 | +572.4% | -1.1% | 5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | -1.1% | 8.8% | 10 |
| 2010s | 4.2% | 1.2% | 11.8% | 10 |
| 2020s | 3.5% | -3.8% | 12.0% | 5 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Real gdp growth, annual growth rate 69.95 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 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)
Frequently asked questions
- What is annual gdp growth in Saudi Arabia?
- Annual gdp growth in Saudi Arabia was 2.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Saudi Arabia?
- The highest recorded value was 12.0% in 2022.
- What is the lowest annual gdp growth recorded in Saudi Arabia?
- The lowest recorded value was -3.8% in 2020.
- How does Saudi Arabia rank for annual gdp growth?
- Saudi Arabia ranks 156th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Saudi Arabia?
- Over the last ten years it is down 50.4%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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