Annual GDP growth in Saudi Arabia
Saudi Arabia: Annual GDP growth was 2.0% in 2024. ◆ Volatile
Latest (2024)
2.0%
Change on year
up 268.0%
World rank
134th
of 196 countries
All-time high
12.0%
in 2022
All-time low
-3.8%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Saudi Arabia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 134th of 196 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 | Value | 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% |
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
- 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)
- GDP (current US$), annual growth rate 1.82 % change on previous year (2025)
- GDP (current US$), per capita 34,536 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.82 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 3.75 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 129,512 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.5 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7258 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 25,066 constant 2015 US$ per person (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 134th out of 196 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).