Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia
Saudi Arabia: Gross domestic product (GDP), Constant prices, Purchasing power was 1,648 in 2019. ▲ Rising
Latest (2019)
1,648
Change on year
up 0.3%
World rank
17th
of 193 countries
All-time high
1,648
in 2019
All-time low
302.41
in 1970
Years of data
50
1970–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia is 1,648, measured in 2019. That is the highest value across all 50 years on record.
That represents a change of up 0.3% on the previous year and up 40.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia peaked at 1,648 in 2019 and was at its lowest, 302.41, in 1970.
Saudi Arabia ranks 17th of 193 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 302.41 | — |
| 1971 | 364.44 | +20.5% |
| 1972 | 448.01 | +22.9% |
| 1973 | 556.29 | +24.2% |
| 1974 | 646.57 | +16.2% |
| 1975 | 588.84 | -8.9% |
| 1976 | 693.78 | +17.8% |
| 1977 | 742.99 | +7.1% |
| 1978 | 704.21 | -5.2% |
| 1979 | 788.14 | +11.9% |
| 1980 | 832.69 | +5.7% |
| 1981 | 848.87 | +1.9% |
| 1982 | 672.9 | -20.7% |
| 1983 | 564.89 | -16.1% |
| 1984 | 538.56 | -4.7% |
| 1985 | 485.81 | -9.8% |
| 1986 | 568.46 | +17.0% |
| 1987 | 530.76 | -6.6% |
| 1988 | 600.34 | +13.1% |
| 1989 | 597.32 | -0.5% |
| 1990 | 688.07 | +15.2% |
| 1991 | 791.33 | +15.0% |
| 1992 | 822.89 | +4.0% |
| 1993 | 811.67 | -1.4% |
| 1994 | 816.2 | +0.6% |
| 1995 | 817.93 | +0.2% |
| 1996 | 839.5 | +2.6% |
| 1997 | 848.77 | +1.1% |
| 1998 | 873.33 | +2.9% |
| 1999 | 840.46 | -3.8% |
| 2000 | 887.74 | +5.6% |
| 2001 | 876.99 | -1.2% |
| 2002 | 852.27 | -2.8% |
| 2003 | 948.08 | +11.2% |
| 2004 | 1,024 | +8.0% |
| 2005 | 1,081 | +5.6% |
| 2006 | 1,111 | +2.8% |
| 2007 | 1,131 | +1.8% |
| 2008 | 1,202 | +6.2% |
| 2009 | 1,177 | -2.1% |
| 2010 | 1,237 | +5.0% |
| 2011 | 1,360 | +10.0% |
| 2012 | 1,434 | +5.4% |
| 2013 | 1,472 | +2.7% |
| 2014 | 1,526 | +3.7% |
| 2015 | 1,589 | +4.1% |
| 2016 | 1,615 | +1.7% |
| 2017 | 1,603 | -0.7% |
| 2018 | 1,642 | +2.4% |
| 2019 | 1,648 | +0.3% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 1,648 is above the median for high income countries, which is 268.6, 6.1× the median. (65 countries reporting)
- Saudi Arabia's 1,648 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 188.49, 8.7× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 583.57 | 302.41 | 788.14 | 10 |
| 1980s | 624.06 | 485.81 | 848.87 | 10 |
| 1990s | 815.02 | 688.07 | 873.33 | 10 |
| 2000s | 1,029 | 852.27 | 1,202 | 10 |
| 2010s | 1,513 | 1,237 | 1,648 | 10 |
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)
- 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 gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia?
- Gross domestic product (gdp), constant prices, purchasing power in Saudi Arabia was 1,648 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Saudi Arabia?
- The highest recorded value was 1,648 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Saudi Arabia?
- The lowest recorded value was 302.41 in 1970.
- How does Saudi Arabia rank for gross domestic product (gdp), constant prices, purchasing power?
- Saudi Arabia ranks 17th 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 40.0%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.