Gross domestic product (GDP) in Saudi Arabia
Saudi Arabia: Gross domestic product (GDP) was 458.13 billion current GBP in 2014. ◆ Volatile
Latest (2014)
458.13 billion current GBP
Change on year
down 3.8%
World rank
19th
of 200 countries
All-time high
476.12 billion current GBP
in 2013
All-time low
152.66 million current GBP
in 1949
Years of data
66
1949–2014
Gross domestic product (GDP) in Saudi Arabia, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
In 2014, gross domestic product (gdp) in Saudi Arabia stood at 458.13 billion current GBP.
Compared with earlier readings it is down 3.8% on the previous year and up 224.2% over ten years.
Over the whole period, gross domestic product (gdp) in Saudi Arabia peaked at 476.12 billion current GBP in 2013 and was at its lowest, 152.66 million current GBP, in 1949.
That places Saudi Arabia 19th out of 200 countries with data for 2014, 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 (GDP) in Saudi Arabia, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 152.66 million current GBP | — |
| 1950 | 217.33 million current GBP | +42.4% |
| 1951 | 231.90 million current GBP | +6.7% |
| 1952 | 246.66 million current GBP | +6.4% |
| 1953 | 263.81 million current GBP | +6.9% |
| 1954 | 278.86 million current GBP | +5.7% |
| 1955 | 294.00 million current GBP | +5.4% |
| 1956 | 309.43 million current GBP | +5.2% |
| 1957 | 324.95 million current GBP | +5.0% |
| 1958 | 342.95 million current GBP | +5.5% |
| 1959 | 391.14 million current GBP | +14.1% |
| 1960 | 387.70 million current GBP | -0.9% |
| 1961 | 433.01 million current GBP | +11.7% |
| 1962 | 690.48 million current GBP | +59.5% |
| 1963 | 738.10 million current GBP | +6.9% |
| 1964 | 825.40 million current GBP | +11.8% |
| 1965 | 944.45 million current GBP | +14.4% |
| 1966 | 1.04 billion current GBP | +10.1% |
| 1967 | 1.18 billion current GBP | +13.8% |
| 1968 | 1.48 billion current GBP | +25.2% |
| 1969 | 1.61 billion current GBP | +8.8% |
| 1970 | 2.24 billion current GBP | +39.1% |
| 1971 | 2.95 billion current GBP | +31.8% |
| 1972 | 3.87 billion current GBP | +31.1% |
| 1973 | 6.10 billion current GBP | +57.7% |
| 1974 | 19.43 billion current GBP | +218.4% |
| 1975 | 21.14 billion current GBP | +8.8% |
| 1976 | 35.62 billion current GBP | +68.5% |
| 1977 | 42.53 billion current GBP | +19.4% |
| 1978 | 41.86 billion current GBP | -1.6% |
| 1979 | 52.82 billion current GBP | +26.2% |
| 1980 | 70.80 billion current GBP | +34.0% |
| 1981 | 91.71 billion current GBP | +29.5% |
| 1982 | 87.72 billion current GBP | -4.4% |
| 1983 | 85.22 billion current GBP | -2.9% |
| 1984 | 89.93 billion current GBP | +5.5% |
| 1985 | 80.96 billion current GBP | -10.0% |
| 1986 | 59.33 billion current GBP | -26.7% |
| 1987 | 52.44 billion current GBP | -11.6% |
| 1988 | 49.61 billion current GBP | -5.4% |
| 1989 | 58.27 billion current GBP | +17.4% |
| 1990 | 65.77 billion current GBP | +12.9% |
| 1991 | 74.47 billion current GBP | +13.2% |
| 1992 | 77.66 billion current GBP | +4.3% |
| 1993 | 88.11 billion current GBP | +13.5% |
| 1994 | 87.77 billion current GBP | -0.4% |
| 1995 | 90.27 billion current GBP | +2.8% |
| 1996 | 101.11 billion current GBP | +12.0% |
| 1997 | 100.78 billion current GBP | -0.3% |
| 1998 | 88.02 billion current GBP | -12.7% |
| 1999 | 99.48 billion current GBP | +13.0% |
| 2000 | 124.55 billion current GBP | +25.2% |
| 2001 | 127.13 billion current GBP | +2.1% |
| 2002 | 125.81 billion current GBP | -1.0% |
| 2003 | 131.42 billion current GBP | +4.5% |
| 2004 | 141.32 billion current GBP | +7.5% |
| 2005 | 180.65 billion current GBP | +27.8% |
| 2006 | 204.84 billion current GBP | +13.4% |
| 2007 | 207.89 billion current GBP | +1.5% |
| 2008 | 282.75 billion current GBP | +36.0% |
| 2009 | 275.45 billion current GBP | -2.6% |
| 2010 | 340.94 billion current GBP | +23.8% |
| 2011 | 417.87 billion current GBP | +22.6% |
| 2012 | 464.63 billion current GBP | +11.2% |
| 2013 | 476.12 billion current GBP | +2.5% |
| 2014 | 458.13 billion current GBP | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 152.66 million current GBP | 152.66 million current GBP | 152.66 million current GBP | 1 |
| 1950s | 290.10 million current GBP | 217.33 million current GBP | 391.14 million current GBP | 10 |
| 1960s | 933.43 million current GBP | 387.70 million current GBP | 1.61 billion current GBP | 10 |
| 1970s | 22.86 billion current GBP | 2.24 billion current GBP | 52.82 billion current GBP | 10 |
| 1980s | 72.60 billion current GBP | 49.61 billion current GBP | 91.71 billion current GBP | 10 |
| 1990s | 87.34 billion current GBP | 65.77 billion current GBP | 101.11 billion current GBP | 10 |
| 2000s | 180.18 billion current GBP | 124.55 billion current GBP | 282.75 billion current GBP | 10 |
| 2010s | 431.54 billion current GBP | 340.94 billion current GBP | 476.12 billion current GBP | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) 3.03 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2625 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 9,066 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 3.03 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.61 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 55,576 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 6.29 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4893 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Saudi Arabia?
- Gross domestic product (gdp) in Saudi Arabia was 458.13 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Saudi Arabia?
- The highest recorded value was 476.12 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Saudi Arabia?
- The lowest recorded value was 152.66 million current GBP in 1949.
- How does Saudi Arabia rank for gross domestic product (gdp)?
- Saudi Arabia ranks 19th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Saudi Arabia?
- Over the last ten years it is up 224.2%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.