Saudi Arabia GDP: $1.083 Trillion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Saudi Arabia GDP Forecast: $1.083 Trillion in 2024, $1.118 Trillion projected for 2025 (Current Market Prices).

GDP in Saudi Arabia is estimated to be $1.083 Trillion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Saudi Arabia's 2025 GDP estimate could be $1.118 Trillion. This Saudi Arabia GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 3.3%.

The economy of Saudi Arabia has grown at an average annual growth rate of 9.3% in the last four years and is ranked the 8th largest economy in Asia-Pacific, ahead of Australia.

See the full Saudi Arabia data sheet covering Economics, Demographics and ESG

Current GDP (US$): Saudi Arabia


Source: World Bank, World Economics
Notes: Current Market Prices
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Economic Indicators: Saudi Arabia 2021 2022 2023 2024
Current GDP (Billions, US$) 874 1,109 1,068 1,083
Current GDP per Capita (US$) 28,396 34,454 32,094 32,149
Real GDP (US$ Billions, 2010) 728 782 776 787
Real GDP per Capita (US$, 2010) 23,634 24,305 23,332 23,372
Real GDP PPP (Billions, 2017) 1,717 1,880 1,866 1,892
Real GDP per Capita PPP (int$ 2017) 45,104 47,850 48,944 50,543
GDP Annual Growth Rate (%) 5.1 7.5 -0.8 1.4
GDP per Capita Annual Growth Rate (%) 7.7 2.8 -4.0 0.2
Data Quality Rating for Saudi Arabia See how much you can trust Saudi Arabia's GDP Data





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