Gross domestic product (GDP), Current prices, Domestic currency in Saudi Arabia
Saudi Arabia: Gross domestic product (GDP), Current prices, Domestic currency was 2,974 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Saudi Arabia, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Saudi Arabia stood at 2,974. That is the highest value across all 50 years on record.
That represents a change of up 0.8% on the previous year and up 84.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Saudi Arabia peaked at 2,974 in 2019 and was at its lowest, 24.2, in 1970.
That places Saudi Arabia 73rd out of 194 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 24.2 | — |
| 1971 | 32.24 | +33.2% |
| 1972 | 40.06 | +24.3% |
| 1973 | 55.4 | +38.3% |
| 1974 | 161.22 | +191.0% |
| 1975 | 164.53 | +2.1% |
| 1976 | 225.94 | +37.3% |
| 1977 | 261.52 | +15.7% |
| 1978 | 272.87 | +4.3% |
| 1979 | 375.94 | +37.8% |
| 1980 | 547.38 | +45.6% |
| 1981 | 623.37 | +13.9% |
| 1982 | 525.33 | -15.7% |
| 1983 | 446.29 | -15.0% |
| 1984 | 421.56 | -5.5% |
| 1985 | 376.32 | -10.7% |
| 1986 | 322.02 | -14.4% |
| 1987 | 320.93 | -0.3% |
| 1988 | 330.52 | +3.0% |
| 1989 | 357.06 | +8.0% |
| 1990 | 440.52 | +23.4% |
| 1991 | 495.18 | +12.4% |
| 1992 | 513.39 | +3.7% |
| 1993 | 497.96 | -3.0% |
| 1994 | 506.23 | +1.7% |
| 1995 | 536.82 | +6.0% |
| 1996 | 594.19 | +10.7% |
| 1997 | 621.53 | +4.6% |
| 1998 | 550.41 | -11.4% |
| 1999 | 606.44 | +10.2% |
| 2000 | 710.68 | +17.2% |
| 2001 | 690.52 | -2.8% |
| 2002 | 711.02 | +3.0% |
| 2003 | 809.28 | +13.8% |
| 2004 | 970.28 | +19.9% |
| 2005 | 1,231 | +26.8% |
| 2006 | 1,411 | +14.7% |
| 2007 | 1,559 | +10.4% |
| 2008 | 1,949 | +25.0% |
| 2009 | 1,609 | -17.4% |
| 2010 | 1,981 | +23.1% |
| 2011 | 2,517 | +27.1% |
| 2012 | 2,760 | +9.6% |
| 2013 | 2,800 | +1.5% |
| 2014 | 2,836 | +1.3% |
| 2015 | 2,454 | -13.5% |
| 2016 | 2,419 | -1.4% |
| 2017 | 2,582 | +6.8% |
| 2018 | 2,949 | +14.2% |
| 2019 | 2,974 | +0.8% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 2,974 is above the median for high income countries, which is 434.67, 6.8× the median. (65 countries reporting)
- Saudi Arabia's 2,974 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1,398, 2.1× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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% | 55.4 | 161.22 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 161.39 | 24.2 | 375.94 | 10 |
| 1980s | 427.08 | 320.93 | 623.37 | 10 |
| 1990s | 536.27 | 440.52 | 621.53 | 10 |
| 2000s | 1,165 | 690.52 | 1,949 | 10 |
| 2010s | 2,627 | 1,981 | 2,974 | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.008 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Saudi Arabia?
- Gross domestic product (gdp), current prices, domestic currency in Saudi Arabia was 2,974 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Saudi Arabia?
- The highest recorded value was 2,974 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Saudi Arabia?
- The lowest recorded value was 24.2 in 1970.
- How does Saudi Arabia rank for gross domestic product (gdp), current prices, domestic currency?
- Saudi Arabia ranks 73rd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Saudi Arabia?
- Over the last ten years it is up 84.8%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. 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.