Gross domestic product (GDP) in Saudi Arabia
Saudi Arabia: Gross domestic product (GDP) was 1.96 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Saudi Arabia, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Saudi Arabia stood at 1.96 trillion international-$ in 2021 prices.
The figure is down 3.7% on the previous year and down 5.9% over ten years.
Over the whole period, gross domestic product (gdp) in Saudi Arabia peaked at 2.12 trillion international-$ in 2021 prices in 2014 and was at its lowest, 157.29 billion international-$ in 2021 prices, in 1970.
Saudi Arabia ranks 17th of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 308.35 billion international-$ in 2021 prices | 157.29 billion international-$ in 2021 prices | 416.41 billion international-$ in 2021 prices | 10 |
| 1980s | 355.29 billion international-$ in 2021 prices | 291.72 billion international-$ in 2021 prices | 468.50 billion international-$ in 2021 prices | 10 |
| 1990s | 407.41 billion international-$ in 2021 prices | 342.86 billion international-$ in 2021 prices | 452.66 billion international-$ in 2021 prices | 10 |
| 2000s | 849.72 billion international-$ in 2021 prices | 503.96 billion international-$ in 2021 prices | 1.40 trillion international-$ in 2021 prices | 10 |
| 2010s | 1.92 trillion international-$ in 2021 prices | 1.55 trillion international-$ in 2021 prices | 2.12 trillion international-$ in 2021 prices | 10 |
| 2020s | 1.91 trillion international-$ in 2021 prices | 1.77 trillion international-$ in 2021 prices | 2.04 trillion international-$ in 2021 prices | 4 |
Countries ranked near Saudi Arabia
- 14 Mexico 2.60 trillion international-$ in 2021 prices compare
- 15 Spain 2.19 trillion international-$ in 2021 prices compare
- 16 Canada 2.17 trillion international-$ in 2021 prices compare
- 18 Egypt, Arab Rep. 1.96 trillion international-$ in 2021 prices compare
- 19 Australia 1.70 trillion international-$ in 2021 prices compare
- 20 Thailand 1.65 trillion international-$ in 2021 prices compare
More economy & growth data for Saudi Arabia
- External balance on goods and services as a percent of GDP 1.6% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 25,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.8% (2025)
- Gross domestic product (GDP) 926.78 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 25,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 3.75 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -245.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -65.56 billion current US$ (2025)
- Taxes less subsidies on products 263.97 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Saudi Arabia?
- Gross domestic product (gdp) in Saudi Arabia was 1.96 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Saudi Arabia?
- The highest recorded value was 2.12 trillion international-$ in 2021 prices in 2014.
- What is the lowest gross domestic product (gdp) recorded in Saudi Arabia?
- The lowest recorded value was 157.29 billion international-$ in 2021 prices in 1970.
- How does Saudi Arabia rank for gross domestic product (gdp)?
- Saudi Arabia ranks 17th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Saudi Arabia?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.