Annual gdp growth in Saudi Arabia
Saudi Arabia: Annual gdp growth was -0.75 in 2023. β Volatile
Latest (2023)
-0.75
Change on year
down 110.0%
World rank
189th
of 211 countries
All-time high
10.99
in 2011
All-time low
-3.58
in 2020
Years of data
24
2000β2023
Annual gdp growth in Saudi Arabia, 2000β2023
Source: Our World in Data.
Analysis
Saudi Arabia recorded -0.75 for annual gdp growth in 2023.
The figure is down 110.0% on the previous year and down 129.6% over ten years.
Over the whole period, annual gdp growth in Saudi Arabia peaked at 10.99 in 2011 and was at its lowest, -3.58, in 2020.
Saudi Arabia ranks 189th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.84 | -1.07 | 8.77 | 10 |
| 2010s | 3.94 | 0.91 | 10.99 | 10 |
| 2020s | 2.06 | -3.58 | 7.49 | 4 |
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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1947 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 5.14 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 3.75 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.2667 (2025)
- Gdp worldbank constant usd, annual growth rate 4.5 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7258 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 25,066 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Saudi Arabia?
- Annual gdp growth in Saudi Arabia was -0.75 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Saudi Arabia?
- The highest recorded value was 10.99 in 2011.
- What is the lowest annual gdp growth recorded in Saudi Arabia?
- The lowest recorded value was -3.58 in 2020.
- How does Saudi Arabia rank for annual gdp growth?
- Saudi Arabia ranks 189th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Saudi Arabia?
- Over the last ten years it is down 129.6%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).