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Saudi Arabia Economy Statistics

Kingdom of Saudi Arabia ยท Asia ยท Western Asia ยท Capital: Riyadh

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Key Indicators

GDP (Current USD)

$1.24T

2024 โ†‘ 39.5% 5yr

GDP Per Capita (USD)

$35,121.663

2024 โ†‘ 18.8% 5yr

GDP Growth Rate (%)

2.0%

2024 โ†‘ 20.9% 5yr

Inflation Rate (%)

1.7%

2024 โ†‘ 241.5% 5yr

Unemployment Rate (%)

3.0%

2025 โ†“ 60.3% 5yr

Foreign Direct Investment (USD)

$21.34B

2024 โ†‘ 593.0% 5yr

Exports (% of GDP)

29.1%

2024 โ†“ 9.5% 5yr

Historical Trends

GDP (Current USD)

GDP Per Capita (USD)

GDP Growth Rate (%)

Inflation Rate (%)

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Complete Data

GDP (Current USD)

Year Value Change
2024 $1.24T +1.7%
2023 $1.22T -1.7%
2022 $1.24T +26.1%
2021 $982.66B +28.0%
2020 $767.95B -13.6%
2019 $888.89B +0.3%
2018 $886.56B +19.6%
2017 $741.27B +7.5%
2016 $689.28B -0.6%
2015 $693.41B -11.9%
2014 $787.15B +2.3%
2013 $769.76B +2.4%
2012 $751.92B +10.5%
2011 $680.66B +28.9%
2010 $528.21B +23.1%
2009 $429.10B -17.4%
2008 $519.80B +25.0%
2007 $415.96B +10.4%
2006 $376.90B +14.7%
2005 $328.46B โ€”

GDP Per Capita (USD)

Year Value Change
2024 $35,121.663 -2.9%
2023 $36,156.848 -6.1%
2022 $38,510.228 +20.6%
2021 $31,920.765 +31.2%
2020 $24,338.831 -17.7%
2019 $29,566.793 +0.7%
2018 $29,360.066 +22.7%
2017 $23,929.291 +7.5%
2016 $22,267.722 -4.3%
2015 $23,256.155 -16.4%
2014 $27,805.485 -0.2%
2013 $27,865.466 -3.0%
2012 $28,733.438 +5.9%
2011 $27,126.75 +23.1%
2010 $22,028.39 +24.3%
2009 $17,718.391 -20.6%
2008 $22,320.489 +20.0%
2007 $18,596.15 +5.9%
2006 $17,563.615 +9.9%
2005 $15,975.747 โ€”

GDP Growth Rate (%)

Year Value Change
2024 2.00% +268.0%
2023 0.54% -95.5%
2022 12.00% +84.1%
2021 6.52% +271.4%
2020 -3.80% -330.4%
2019 1.65% -48.8%
2018 3.23% +173.0%
2017 1.18% -30.6%
2016 1.70% -63.4%
2015 4.66% +15.7%
2014 4.02% +36.6%
2013 2.95% -48.9%
2012 5.76% -51.0%
2011 11.76% +133.3%
2010 5.04% +572.4%
2009 -1.07% -117.1%
2008 6.24% +181.8%
2007 2.21% -33.2%
2006 3.31% -44.3%
2005 5.94% โ€”

Inflation Rate (%)

Year Value Change
2024 1.69% -27.5%
2023 2.33% -5.9%
2022 2.47% -19.2%
2021 3.06% -9.2%
2020 3.37% +382.7%
2019 -1.19% -148.4%
2018 2.47% +395.4%
2017 -0.83% -140.7%
2016 2.05% +67.9%
2015 1.22% -45.5%
2014 2.24% -36.1%
2013 3.51% +22.5%
2012 2.87% -50.8%
2011 5.83% +9.1%
2010 5.34% +5.6%
2009 5.06% -48.8%
2008 9.87% +136.8%
2007 4.17% +88.7%
2006 2.21% +361.0%
2005 0.48% โ€”

Unemployment Rate (%)

Year Value Change
2025 3.04% -13.6%
2024 3.52% -12.2%
2023 4.01% -28.3%
2022 5.59% -15.6%
2021 6.62% -13.6%
2020 7.66% +35.9%
2019 5.64% -6.5%
2018 6.03% +2.4%
2017 5.89% +5.2%
2016 5.60% +0.0%
2015 5.60% -4.7%
2014 5.88% +4.9%
2013 5.60% -0.4%
2012 5.62% -2.6%
2011 5.77% +4.0%
2010 5.55% +3.2%
2009 5.38% +5.7%
2008 5.08% -11.3%
2007 5.73% -8.3%
2006 6.25% โ€”

Foreign Direct Investment (USD)

Year Value Change
2024 $21.34B -6.4%
2023 $22.80B -14.6%
2022 $26.71B -5.8%
2021 $28.35B +1648.7%
2020 $1.62B -47.3%
2019 $3.08B -74.6%
2018 $12.14B +1097.3%
2017 $1.01B -95.4%
2016 $21.95B +452.9%
2015 $3.97B +163.1%
2014 $1.51B -55.2%
2013 $3.37B -33.0%
2012 $5.04B +7.5%
2011 $4.68B -4.0%
2010 $4.88B +1018.1%
2009 $436.35M -92.1%
2008 $5.51B -10.8%
2007 $6.18B +3.3%
2006 $5.98B +36.3%
2005 $4.39B โ€”

Exports (% of GDP)

Year Value Change
2024 29.11% -3.7%
2023 30.24% -16.0%
2022 35.98% +23.4%
2021 29.16% +22.5%
2020 23.81% -26.0%
2019 32.16% -9.5%
2018 35.52% +9.8%
2017 32.36% +11.0%
2016 29.14% -7.3%
2015 31.44% -30.3%
2014 45.10% -10.5%
2013 50.37% -5.2%
2012 53.12% -3.9%
2011 55.27% +11.5%
2010 49.57% +5.3%
2009 47.09% -24.2%
2008 62.11% +3.6%
2007 59.94% +0.2%
2006 59.83% +4.9%
2005 57.05% โ€”
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About Saudi Arabia Economy Data

This page presents comprehensive economy statistics for Saudi Arabia (Kingdom of Saudi Arabia), located in Asia, Western Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.

The data covers 7 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.

For global comparisons, visit our Economy Rankings page to see how Saudi Arabia compares to other countries.