GDP Deflator — Value US$, 2015 prices, annual growth rate in Saudi Arabia
Saudi Arabia: GDP Deflator — Value US$, 2015 prices, annual growth rate was -0.2486 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-0.2486 % change on previous year
Change on year
up 91.6%
World rank
179th
of 222 countries
All-time high
161.69 % change on previous year
in 1974
All-time low
-17.21 % change on previous year
in 1986
Years of data
54
1971–2024
GDP Deflator — Value US$, 2015 prices, annual growth rate in Saudi Arabia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Saudi Arabia stood at -0.2486 % change on previous year.
The figure is up 91.6% on the previous year and up 87.8% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Saudi Arabia peaked at 161.69 % change on previous year in 1974 and was at its lowest, -17.21 % change on previous year, in 1986.
That places Saudi Arabia 179th out of 222 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Saudi Arabia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.96 % change on previous year | — |
| 1972 | 13.24 % change on previous year | -17.0% |
| 1973 | 26.27 % change on previous year | +98.4% |
| 1974 | 161.69 % change on previous year | +515.6% |
| 1975 | 8.98 % change on previous year | -94.4% |
| 1976 | 18.76 % change on previous year | +109.0% |
| 1977 | 9.46 % change on previous year | -49.6% |
| 1978 | 8.01 % change on previous year | -15.4% |
| 1979 | 25.59 % change on previous year | +219.6% |
| 1980 | 39.04 % change on previous year | +52.5% |
| 1981 | 8.76 % change on previous year | -77.6% |
| 1982 | -0.8819 % change on previous year | -110.1% |
| 1983 | -5.29 % change on previous year | +499.6% |
| 1984 | -3.53 % change on previous year | -33.3% |
| 1985 | -6.4 % change on previous year | +81.6% |
| 1986 | -17.21 % change on previous year | +168.6% |
| 1987 | 1.68 % change on previous year | -109.8% |
| 1988 | -3.39 % change on previous year | -301.1% |
| 1989 | 7.58 % change on previous year | -323.8% |
| 1990 | 12.75 % change on previous year | +68.1% |
| 1991 | 3.87 % change on previous year | -69.7% |
| 1992 | -0.862 % change on previous year | -122.3% |
| 1993 | -3.37 % change on previous year | +291.2% |
| 1994 | 0.7002 % change on previous year | -120.8% |
| 1995 | 5.71 % change on previous year | +715.9% |
| 1996 | 7.15 % change on previous year | +25.1% |
| 1997 | 1.9 % change on previous year | -73.4% |
| 1998 | -13.86 % change on previous year | -827.8% |
| 1999 | 10.88 % change on previous year | -178.5% |
| 2000 | 11.91 % change on previous year | +9.4% |
| 2001 | -3.17 % change on previous year | -126.6% |
| 2002 | 3.68 % change on previous year | -216.2% |
| 2003 | 4.64 % change on previous year | +26.1% |
| 2004 | 10.37 % change on previous year | +123.3% |
| 2005 | 19.73 % change on previous year | +90.3% |
| 2006 | 11.01 % change on previous year | -44.2% |
| 2007 | 8.05 % change on previous year | -26.9% |
| 2008 | 17.7 % change on previous year | +120.0% |
| 2009 | -16.56 % change on previous year | -193.5% |
| 2010 | 17.19 % change on previous year | -203.8% |
| 2011 | 15.41 % change on previous year | -10.4% |
| 2012 | 4.01 % change on previous year | -74.0% |
| 2013 | -0.8932 % change on previous year | -122.3% |
| 2014 | -2.04 % change on previous year | +128.7% |
| 2015 | -16.44 % change on previous year | +704.5% |
| 2016 | -2.36 % change on previous year | -85.6% |
| 2017 | 6.39 % change on previous year | -370.6% |
| 2018 | 14.73 % change on previous year | +130.7% |
| 2019 | -2.02 % change on previous year | -113.7% |
| 2020 | -9.18 % change on previous year | +354.0% |
| 2021 | 13.3 % change on previous year | -244.8% |
| 2022 | 17.98 % change on previous year | +35.2% |
| 2023 | -2.96 % change on previous year | -116.5% |
| 2024 | -0.2486 % change on previous year | -91.6% |
Saudi Arabia compared with similar countries
- Saudi Arabia's -0.2486 % change on previous year is below the median for high income countries, which is 2.61 % change on previous year. (68 countries reporting)
- Saudi Arabia's -0.2486 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.06 % change on previous year. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.99 % change on previous year | 8.01 % change on previous year | 161.69 % change on previous year | 9 |
| 1980s | 2.04 % change on previous year | -17.21 % change on previous year | 39.04 % change on previous year | 10 |
| 1990s | 2.49 % change on previous year | -13.86 % change on previous year | 12.75 % change on previous year | 10 |
| 2000s | 6.74 % change on previous year | -16.56 % change on previous year | 19.73 % change on previous year | 10 |
| 2010s | 3.4 % change on previous year | -16.44 % change on previous year | 17.19 % change on previous year | 10 |
| 2020s | 3.78 % change on previous year | -9.18 % change on previous year | 17.98 % change on previous year | 5 |
Countries ranked near Saudi Arabia
- 176 Philippines -0.0679 % change on previous year compare
- 177 Russian Federation -0.1729 % change on previous year compare
- 178 Saint Kitts and Nevis -0.2244 % change on previous year compare
- 180 Argentina -0.2689 % change on previous year compare
- 181 Republic of Korea -0.4224 % change on previous year compare
- 182 Thailand -0.4772 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 27.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0212 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 731.09 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 52.91 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0256 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 882.47 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.9 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Saudi Arabia?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Saudi Arabia was -0.2486 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Saudi Arabia?
- The highest recorded value was 161.69 % change on previous year in 1974.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Saudi Arabia?
- The lowest recorded value was -17.21 % change on previous year in 1986.
- How does Saudi Arabia rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Saudi Arabia ranks 179th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Saudi Arabia?
- Over the last ten years it is up 87.8%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.