Gross Domestic Product — Value US$ in Saudi Arabia

Saudi Arabia: Gross Domestic Product — Value US$ was 1.08 million million USD in 2024. ◆ Volatile

Latest (2024)
1.08 million million USD
Change on year
up 1.6%
World rank
18th
of 203 countries
All-time high
1.11 million million USD
in 2022
All-time low
5,377 million USD
in 1970
Years of data
55
1970–2024

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

0250.0k500.0k750.0k1.0M197019972024

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

Analysis

Saudi Arabia recorded 1.08 million million USD for gross domestic product — value us$ in 2024.

The figure is up 1.6% on the previous year and up 41.4% over ten years.

Over the whole period, gross domestic product — value us$ in Saudi Arabia peaked at 1.11 million million USD in 2022 and was at its lowest, 5,377 million USD, in 1970.

That places Saudi Arabia 18th out of 203 countries with data for 2024, putting it in the top 10%.

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

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

Annual values for Gross Domestic Product — Value US$ in Saudi Arabia, 1970 to 2024.
Year million USD Change
1970 5,377 million USD
1971 7,185 million USD +33.6%
1972 9,664 million USD +34.5%
1973 14,948 million USD +54.7%
1974 45,413 million USD +203.8%
1975 46,773 million USD +3.0%
1976 64,006 million USD +36.8%
1977 74,189 million USD +15.9%
1978 80,267 million USD +8.2%
1979 111,859 million USD +39.4%
1980 164,540 million USD +47.1%
1981 184,291 million USD +12.0%
1982 153,240 million USD -16.8%
1983 129,181 million USD -15.7%
1984 119,631 million USD -7.4%
1985 103,894 million USD -13.2%
1986 86,886 million USD -16.4%
1987 85,582 million USD -1.5%
1988 88,138 million USD +3.0%
1989 95,217 million USD +8.0%
1990 117,473 million USD +23.4%
1991 132,047 million USD +12.4%
1992 136,905 million USD +3.7%
1993 132,791 million USD -3.0%
1994 134,995 million USD +1.7%
1995 143,152 million USD +6.0%
1996 158,451 million USD +10.7%
1997 165,742 million USD +4.6%
1998 146,775 million USD -11.4%
1999 161,717 million USD +10.2%
2000 189,515 million USD +17.2%
2001 184,138 million USD -2.8%
2002 189,606 million USD +3.0%
2003 215,808 million USD +13.8%
2004 258,742 million USD +19.9%
2005 328,206 million USD +26.8%
2006 376,398 million USD +14.7%
2007 415,687 million USD +10.4%
2008 519,797 million USD +25.0%
2009 429,098 million USD -17.4%
2010 528,207 million USD +23.1%
2011 676,635 million USD +28.1%
2012 741,850 million USD +9.6%
2013 753,865 million USD +1.6%
2014 766,606 million USD +1.7%
2015 669,484 million USD -12.7%
2016 666,000 million USD -0.5%
2017 714,995 million USD +7.4%
2018 846,584 million USD +18.4%
2019 838,565 million USD -0.9%
2020 734,271 million USD -12.4%
2021 874,156 million USD +19.1%
2022 1.11 million million USD +26.8%
2023 1.07 million million USD -3.7%
2024 1.08 million million USD +1.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 45,968 million USD 5,377 million USD 111,859 million USD 10
1980s 121,060 million USD 85,582 million USD 184,291 million USD 10
1990s 143,005 million USD 117,473 million USD 165,742 million USD 10
2000s 310,700 million USD 184,138 million USD 519,797 million USD 10
2010s 720,279 million USD 528,207 million USD 846,584 million USD 10
2020s 973,751 million USD 734,271 million USD 1.11 million million USD 5

Countries ranked near Saudi Arabia

  1. 15 Spain 1.72 million million USD compare
  2. 16 Indonesia 1.40 million million USD compare
  3. 17 Netherlands (Kingdom of the) 1.23 million million USD compare
  4. 19 Switzerland 936,564 million USD compare
  5. 20 Poland 911,037 million USD compare
  6. 21 USSR 790,484 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$ in Saudi Arabia?
Gross domestic product — value us$ in Saudi Arabia was 1.08 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Saudi Arabia?
The highest recorded value was 1.11 million million USD in 2022.
What is the lowest gross domestic product — value us$ recorded in Saudi Arabia?
The lowest recorded value was 5,377 million USD in 1970.
How does Saudi Arabia rank for gross domestic product — value us$?
Saudi Arabia ranks 18th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Saudi Arabia?
Over the last ten years it is up 41.4%. The long-run trend across the full record is volatile.
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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Saudi Arabia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/saudi-arabia/

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About this data

Indicator
Gross Domestic Product — Value US$
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).