Gross Domestic Product — Value US$, 2015 prices in Saudi Arabia

Saudi Arabia: Gross Domestic Product — Value US$, 2015 prices was 790,147 million USD in 2024. ▲ Rising

Latest (2024)
790,147 million USD
Change on year
up 1.8%
World rank
20th
of 203 countries
All-time high
790,147 million USD
in 2024
All-time low
130,796 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$, 2015 prices in Saudi Arabia, 1970–2024

200.0k400.0k600.0k800.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, gross domestic product — value us$, 2015 prices in Saudi Arabia stood at 790,147 million USD. That is the highest value across all 55 years on record.

The figure is up 1.8% on the previous year and up 23.3% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices in Saudi Arabia peaked at 790,147 million USD in 2024 and was at its lowest, 130,796 million USD, in 1970.

Saudi Arabia ranks 20th of 203 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Domestic Product — Value US$, 2015 prices in Saudi Arabia, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices in Saudi Arabia, 1970 to 2024.
Year million USD Change
1970 130,796 million USD
1971 150,715 million USD +15.2%
1972 179,027 million USD +18.8%
1973 219,299 million USD +22.5%
1974 254,605 million USD +16.1%
1975 240,632 million USD -5.5%
1976 277,265 million USD +15.2%
1977 293,600 million USD +5.9%
1978 294,106 million USD +0.2%
1979 326,351 million USD +11.0%
1980 345,272 million USD +5.8%
1981 355,570 million USD +3.0%
1982 298,291 million USD -16.1%
1983 265,499 million USD -11.0%
1984 254,859 million USD -4.0%
1985 236,479 million USD -7.2%
1986 238,863 million USD +1.0%
1987 231,379 million USD -3.1%
1988 246,651 million USD +6.6%
1989 247,675 million USD +0.4%
1990 271,021 million USD +9.4%
1991 293,301 million USD +8.2%
1992 306,736 million USD +4.6%
1993 307,901 million USD +0.4%
1994 310,836 million USD +1.0%
1995 311,804 million USD +0.3%
1996 322,109 million USD +3.3%
1997 330,636 million USD +2.6%
1998 339,906 million USD +2.8%
1999 337,753 million USD -0.6%
2000 353,689 million USD +4.7%
2001 354,908 million USD +0.3%
2002 352,465 million USD -0.7%
2003 383,371 million USD +8.8%
2004 416,460 million USD +8.6%
2005 441,218 million USD +5.9%
2006 455,838 million USD +3.3%
2007 465,928 million USD +2.2%
2008 494,993 million USD +6.2%
2009 489,713 million USD -1.1%
2010 514,392 million USD +5.0%
2011 570,943 million USD +11.0%
2012 601,825 million USD +5.4%
2013 617,080 million USD +2.5%
2014 640,599 million USD +3.8%
2015 669,484 million USD +4.5%
2016 682,101 million USD +1.9%
2017 688,315 million USD +0.9%
2018 710,336 million USD +3.2%
2019 718,133 million USD +1.1%
2020 692,413 million USD -3.6%
2021 727,554 million USD +5.1%
2022 782,018 million USD +7.5%
2023 776,115 million USD -0.8%
2024 790,147 million USD +1.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 236,640 million USD 130,796 million USD 326,351 million USD 10
1980s 272,054 million USD 231,379 million USD 355,570 million USD 10
1990s 313,200 million USD 271,021 million USD 339,906 million USD 10
2000s 420,858 million USD 352,465 million USD 494,993 million USD 10
2010s 641,321 million USD 514,392 million USD 718,133 million USD 10
2020s 753,649 million USD 692,413 million USD 790,147 million USD 5

Countries ranked near Saudi Arabia

  1. 17 Indonesia 1.24 million million USD compare
  2. 18 Netherlands (Kingdom of the) 926,182 million USD compare
  3. 18 Timor-Leste 1,731 million USD compare
  4. 19 Switzerland 811,110 million USD compare
  5. 21 Poland 656,687 million USD compare
  6. 22 Argentina 627,647 million USD compare
  7. 23 Sweden 579,305 million USD compare

See the full ranking of 252 places →

More economy & growth data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices in Saudi Arabia?
Gross domestic product — value us$, 2015 prices in Saudi Arabia was 790,147 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$, 2015 prices recorded in Saudi Arabia?
The highest recorded value was 790,147 million USD in 2024.
What is the lowest gross domestic product — value us$, 2015 prices recorded in Saudi Arabia?
The lowest recorded value was 130,796 million USD in 1970.
How does Saudi Arabia rank for gross domestic product — value us$, 2015 prices?
Saudi Arabia ranks 20th out of 203 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices rising or falling in Saudi Arabia?
Over the last ten years it is up 23.3%. The long-run trend across the full record is rising.
Where does this Saudi Arabia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices in Saudi Arabia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices/saudi-arabia/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).