Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia

Saudi Arabia: Gross domestic product (GDP), Constant prices, Purchasing power was 0.3312 % change on previous year in 2019. ◆ Volatile

Latest (2019)
0.3312 % change on previous year
Change on year
down 86.4%
World rank
167th
of 193 countries
All-time high
24.17 % change on previous year
in 1973
All-time low
-20.73 % change on previous year
in 1982
Years of data
49
1971–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia, 1971–2019

-20-1001020197119952019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Saudi Arabia recorded 0.3312 % change on previous year for gross domestic product (gdp), constant prices, purchasing power in 2019.

Compared with earlier readings it is down 86.4% on the previous year and up 116.1% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia peaked at 24.17 % change on previous year in 1973 and was at its lowest, -20.73 % change on previous year, in 1982.

Saudi Arabia ranks 167th of 193 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Saudi Arabia, 1971 to 2019.
Year % change on previous year Change
1971 20.51 % change on previous year —
1972 22.93 % change on previous year +11.8%
1973 24.17 % change on previous year +5.4%
1974 16.23 % change on previous year -32.9%
1975 -8.93 % change on previous year -155.0%
1976 17.82 % change on previous year -299.6%
1977 7.09 % change on previous year -60.2%
1978 -5.22 % change on previous year -173.6%
1979 11.92 % change on previous year -328.4%
1980 5.65 % change on previous year -52.6%
1981 1.94 % change on previous year -65.6%
1982 -20.73 % change on previous year -1166.9%
1983 -16.05 % change on previous year -22.6%
1984 -4.66 % change on previous year -71.0%
1985 -9.79 % change on previous year +110.1%
1986 17.01 % change on previous year -273.7%
1987 -6.63 % change on previous year -139.0%
1988 13.11 % change on previous year -297.7%
1989 -0.5029 % change on previous year -103.8%
1990 15.19 % change on previous year -3121.2%
1991 15.01 % change on previous year -1.2%
1992 3.99 % change on previous year -73.4%
1993 -1.36 % change on previous year -134.2%
1994 0.5587 % change on previous year -141.0%
1995 0.2121 % change on previous year -62.0%
1996 2.64 % change on previous year +1143.6%
1997 1.1 % change on previous year -58.1%
1998 2.89 % change on previous year +162.1%
1999 -3.76 % change on previous year -230.1%
2000 5.63 % change on previous year -249.5%
2001 -1.21 % change on previous year -121.5%
2002 -2.82 % change on previous year +132.9%
2003 11.24 % change on previous year -498.8%
2004 7.96 % change on previous year -29.2%
2005 5.57 % change on previous year -29.9%
2006 2.79 % change on previous year -50.0%
2007 1.85 % change on previous year -33.8%
2008 6.25 % change on previous year +238.5%
2009 -2.06 % change on previous year -132.9%
2010 5.04 % change on previous year -344.8%
2011 10 % change on previous year +98.3%
2012 5.41 % change on previous year -45.9%
2013 2.7 % change on previous year -50.1%
2014 3.65 % change on previous year +35.3%
2015 4.11 % change on previous year +12.4%
2016 1.67 % change on previous year -59.3%
2017 -0.741 % change on previous year -144.4%
2018 2.43 % change on previous year -428.5%
2019 0.3312 % change on previous year -86.4%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 0.3312 % change on previous year is below the median for high income countries, which is 1.81 % change on previous year, 18% of the median. (65 countries reporting)
  • Saudi Arabia's 0.3312 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.03 % change on previous year, 16% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
1990 +3121.2% -0.5029 % change on previous year 15.19 % change on previous year
1996 +1143.6% 0.2121 % change on previous year 2.64 % change on previous year
1982 -1166.9% 1.94 % change on previous year -20.73 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.84 % change on previous year -8.93 % change on previous year 24.17 % change on previous year 9
1980s -2.07 % change on previous year -20.73 % change on previous year 17.01 % change on previous year 10
1990s 3.65 % change on previous year -3.76 % change on previous year 15.19 % change on previous year 10
2000s 3.52 % change on previous year -2.82 % change on previous year 11.24 % change on previous year 10
2010s 3.46 % change on previous year -0.741 % change on previous year 10 % change on previous year 10

Countries ranked near Saudi Arabia

  1. 164 Saint Vincent and the Grenadines 0.3429 % change on previous year compare
  2. 165 Italy 0.3397 % change on previous year compare
  3. 166 Palau 0.3319 % change on previous year compare
  4. 168 Belize 0.2739 % change on previous year compare
  5. 169 Suriname 0.2682 % change on previous year compare
  6. 170 Paraguay 0.224 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia?
Gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia was 0.3312 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Saudi Arabia?
The highest recorded value was 24.17 % change on previous year in 1973.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Saudi Arabia?
The lowest recorded value was -20.73 % change on previous year in 1982.
How does Saudi Arabia rank for gross domestic product (gdp), constant prices, purchasing power?
Saudi Arabia ranks 167th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Saudi Arabia?
Over the last ten years it is up 116.1%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/saudi-arabia/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.