GDP (current LCU) (UNICEF) in Saudi Arabia
Saudi Arabia: GDP (current LCU) (UNICEF) was 4.65 trillion in 2024. ◆ Volatile
Latest (2024)
4.65 trillion
Change on year
up 1.7%
World rank
20th
of 74 countries
All-time high
4.65 trillion
in 2024
All-time low
7.87 billion
in 1960
Years of data
65
1960–2024
GDP in Saudi Arabia, 1960–2024
Source: UNICEF.
Analysis
In 2024, gdp in Saudi Arabia stood at 4.65 trillion. That is the highest value across all 65 years on record.
The figure is up 1.7% on the previous year and up 57.5% over ten years.
Over the whole period, gdp in Saudi Arabia peaked at 4.65 trillion in 2024 and was at its lowest, 7.87 billion, in 1960.
That places Saudi Arabia 20th out of 74 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 7.87 billion | — |
| 1961 | 8.64 billion | +9.9% |
| 1962 | 9.59 billion | +10.9% |
| 1963 | 9.93 billion | +3.6% |
| 1964 | 10.67 billion | +7.4% |
| 1965 | 11.92 billion | +11.6% |
| 1966 | 13.14 billion | +10.3% |
| 1967 | 14.66 billion | +11.5% |
| 1968 | 18.84 billion | +28.6% |
| 1969 | 20.19 billion | +7.1% |
| 1970 | 24.20 billion | +19.9% |
| 1971 | 32.24 billion | +33.2% |
| 1972 | 40.06 billion | +24.3% |
| 1973 | 55.40 billion | +38.3% |
| 1974 | 161.22 billion | +191.0% |
| 1975 | 164.53 billion | +2.1% |
| 1976 | 225.94 billion | +37.3% |
| 1977 | 261.52 billion | +15.7% |
| 1978 | 272.87 billion | +4.3% |
| 1979 | 375.94 billion | +37.8% |
| 1980 | 547.38 billion | +45.6% |
| 1981 | 623.37 billion | +13.9% |
| 1982 | 525.33 billion | -15.7% |
| 1983 | 446.29 billion | -15.0% |
| 1984 | 421.56 billion | -5.5% |
| 1985 | 376.32 billion | -10.7% |
| 1986 | 322.02 billion | -14.4% |
| 1987 | 320.93 billion | -0.3% |
| 1988 | 330.52 billion | +3.0% |
| 1989 | 357.06 billion | +8.0% |
| 1990 | 440.52 billion | +23.4% |
| 1991 | 495.18 billion | +12.4% |
| 1992 | 513.39 billion | +3.7% |
| 1993 | 497.96 billion | -3.0% |
| 1994 | 506.23 billion | +1.7% |
| 1995 | 536.82 billion | +6.0% |
| 1996 | 594.19 billion | +10.7% |
| 1997 | 621.53 billion | +4.6% |
| 1998 | 550.41 billion | -11.4% |
| 1999 | 606.44 billion | +10.2% |
| 2000 | 710.68 billion | +17.2% |
| 2001 | 690.52 billion | -2.8% |
| 2002 | 711.02 billion | +3.0% |
| 2003 | 809.28 billion | +13.8% |
| 2004 | 970.28 billion | +19.9% |
| 2005 | 1.23 trillion | +26.8% |
| 2006 | 1.41 trillion | +14.7% |
| 2007 | 1.56 trillion | +10.4% |
| 2008 | 1.95 trillion | +25.0% |
| 2009 | 1.61 trillion | -17.4% |
| 2010 | 1.98 trillion | +23.1% |
| 2011 | 2.55 trillion | +28.9% |
| 2012 | 2.82 trillion | +10.5% |
| 2013 | 2.89 trillion | +2.4% |
| 2014 | 2.95 trillion | +2.3% |
| 2015 | 2.60 trillion | -11.9% |
| 2016 | 2.58 trillion | -0.6% |
| 2017 | 2.78 trillion | +7.5% |
| 2018 | 3.32 trillion | +19.6% |
| 2019 | 3.33 trillion | +0.3% |
| 2020 | 2.88 trillion | -13.6% |
| 2021 | 3.68 trillion | +28.0% |
| 2022 | 4.65 trillion | +26.1% |
| 2023 | 4.57 trillion | -1.7% |
| 2024 | 4.65 trillion | +1.7% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 4.65 trillion is above the median for high income countries, which is 528.44 billion, 8.8× the median. (42 countries reporting)
- Saudi Arabia's 4.65 trillion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.20 trillion, 3.9× the median. (20 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNICEF) 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 |
|---|---|---|---|
| 1974 | +191.0% | 55.40 billion | 161.22 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.55 billion | 7.87 billion | 20.19 billion | 10 |
| 1970s | 161.39 billion | 24.20 billion | 375.94 billion | 10 |
| 1980s | 427.08 billion | 320.93 billion | 623.37 billion | 10 |
| 1990s | 536.27 billion | 440.52 billion | 621.53 billion | 10 |
| 2000s | 1.17 trillion | 690.52 billion | 1.95 trillion | 10 |
| 2010s | 2.78 trillion | 1.98 trillion | 3.33 trillion | 10 |
| 2020s | 4.09 trillion | 2.88 trillion | 4.65 trillion | 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 gdp in Saudi Arabia?
- Gdp in Saudi Arabia was 4.65 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Saudi Arabia?
- The highest recorded value was 4.65 trillion in 2024.
- What is the lowest gdp recorded in Saudi Arabia?
- The lowest recorded value was 7.87 billion in 1960.
- How does Saudi Arabia rank for gdp?
- Saudi Arabia ranks 20th out of 74 countries with data for 2024.
- Is gdp rising or falling in Saudi Arabia?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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