World Economics Home
Data by Country
Data by Region
Data by Indicator
Data Quality Ratings
World Markets of Tomorrow
Monthly Surveys
Thought of the Day Archive
Rankings
Concepts & Methodologies
Data Download Portal
About World Economics
Contact Us
Log-In
About
COUNTRIES
Most popular:
China
,
Russia
,
India
,
USA
,
Israel
,
Saudi Arabia
,
Japan
,
Malaysia
,
Canada
,
Czechia
,
Indonesia
,
Pakistan
,
Germany
,
Mexico
,
Singapore
,
Nigeria
,
Türkiye
,
Egypt
,
Thailand
,
Ethiopia
,
Italy
,
South Africa
,
Bangladesh
,
Philippines
,
Brazil
,
United Kingdom
Asia - Pacific
Afghanistan
Australia
Azerbaijan
Bangladesh
Bahrain
Bhutan
Brunei
Cambodia
China
Hong Kong
India
Indonesia
Israel
Japan
Jordan
Kazakhstan
Korea, Rep.
Kuwait
Kyrgyzstan
Laos
Lebanon
Malaysia
Mongolia
Myanmar
Nepal
New Zealand
Oman
Pakistan
Papua New Guinea
Philippines
Qatar
Russia
Saudi Arabia
Singapore
Sri Lanka
Taiwan
Tajikistan
Thailand
Türkiye
Turkmenistan
United Arab Emirates
Uzbekistan
Vietnam
Yemen, Rep.
Americas
Argentina
Bahamas, The
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Suriname
Trinidad & Tobago
United States of America
Uruguay
Europe
Albania
Armenia
Austria
Belarus
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Georgia
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Moldova
Netherlands
North Macedonia
Norway
Poland
Portugal
Romania
Serbia
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
Ukraine
United Kingdom
Africa
Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros
Congo, Dem. Rep.
Congo, Rep.
Cote d'Ivoire
Egypt
Eswatini
Ethiopia
Gabon
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia
Niger
Nigeria
Rwanda
Senegal
Sierra Leone
South Africa
Sudan
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe
Regions
Geographic Regions
Africa
Americas
Asia Pacific
Europe
Thematic Regions
Economic Giants
Global North
Global South
Developed Markets
Emerging Markets
Frontier Markets
High Income Countries
Middle Income Countries
Low Income Countries
Bottom-Billion
Trade & Political Blocs
European Union
BRICS
Association of Southeast Asian Nations (ASEAN)
Regional Comprehensive Economic Partnership (RCEP)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Forums
Indo-Pacific Economic Framework (IPEF)
OECD
G7
G20
NATO
INDICATORS
ECONOMICS
GDP Data Quality
Informal Economy Sizes
GDP Data Base Years
System of National Accounts
Statistical Capacity Index
Governance Index
GDP Size
Gross Domestic Product (GDP)
Share of Global GDP
GDP Growth
GDP Compound Annual Growth Rates
Share of Global GDP Growth
Wealth
Income & Asset Wealth per Capita
GDP Per Capita by Country
GDP Per Capita CAGR Growth
GDP Per Capita - Quality Raitings
Inequality
Gini Coefficient
Gini Year
Debt
Debt-to-GDP Ratio by Size
DEMOGRAPHY
Population Data Quality
Latest Census Year
Registration of Births
Statistical Capacity Index
Population
Population by Size
Population Growth Rates
Fertility Rates
Median Age
Age Dependency:
Young
,
Old
,
Total
Life Expectancy
E.S.G.
Environmental Ratings
Carbon Emissions
Methane Emissions
Air Quality
Access to Safe Water
Temperature Data
Social Ratings
Life Expectancy
Average Years of Schooling
Population Living in Poverty
Employment to Population Ratio
Governance Ratings
Rule of Law
Press Freedom
Political Rights
Corruption Perceptions Index
Rankings
GDP Data Quality Rankings
GDP Per Capita Data Quality Rankings
Countries by GDP Size
Countries by Share of Global GDP Growth
Countries by Share of Global GDP
Countries by Growth Rate (CAGR)
Countries by GDP Per Capita
Countries by Informal Economy Size
Countries by Debt Levels
Population Data Quality Rankings
Countries by Population Size
Countries by Corruption Levels
Countries by Inequality Levels
Environmental Impact by Country
Social Factors by Country
Governance by Country
Monthly Surveys
Global Growth Sales Managers Index
Sales Managers Index: China
Sales Managers Index: U.S.A.
Sales Managers Index: India
Data Quality Ratings
Ratings
GDP Data Quality Ratings
Population Data Quality Ratings
GDP Per Capita Data Quality Ratings
Methodologies
GDP Data Quality Ratings
Population Data Quality Ratings
GDP Per Capita Data Quality Ratings
LOG-IN
Thought for the day
Saudi Arabian GDP Growth Underperforms the Middle East and Emerging Markets
Last updated: 3 July 2024
Despite favourable demographics performance is held back by inequality and poor governance
Saudi Arabia's GDP Growth
Index: 1995=100
* GDP in
Purchasing Power Parity
terms with added estimates for the size of the
informal economy
and adjustments for out-of-date
GDP base year
data.
Saudi Arabia’s real GDP increased by 94% since 1996, a disappointing performance compared even with the troubled Middle East (an increase of 151%) , and less than half the growth performance of Emerging Markets which saw an expansion of 247%. The country’s 10-year cumulative annual average growth rate of GDP was 1.8% . Over the last three years average growth fell to -0.2%.
The kingdom benefits from positive demographics which would normally boost GDP growth. The proportion of the population under 15 is high at 34.4% while the population over the age of 64 is low at only 4.9%. GDP growth potential is hampered by several factors. There is great inequality . The World Economics Inequality Index registers a low 27.1 compared with 50.0 in Egypt. Furthermore, as an autocracy, political freedom is minimal and the World Economics Governance Index is only 30.6, well below neighbouring states Kuwait at 37.1 and the United Arab Emirates at 48.5.
See more data...
More perspectives using World Economics data
The Future is Asian
The world economy has radically changed over the past decade. The Asian share of global GDP has risen from about 48%, and is likely to be around 58% by 2030. Today, the Asian share of global GDP is over 54%, whereas Europe and North America combined now account for less: about 31%. An extraordinary change in a remarkably short space of time. Clearly mostly a result of the furious growth seen in C...
See detail...
More data...
Dictators Lie About Economic Growth
Exaggeration, misrepresentation and suppression of economic data is endemic, and not new. Oskar Morgenstern, in his 1950 monograph "On the Accuracy of Economic Observations" made many pithy statements: " ...economic and social statistics are frequently based on deliberate lies " " In totalitarian countries the suppression of statistics is often carried very far " " The undeniable existence of an un...
See detail...
More data...
The Places that Matter
Four areas of the world are now far ahead of all other places in both economic and political terms. They are China; the EU (although not a country it is a political and economic entity with many of the characteristics of a country); the USA and India. This list is in order of GDP size, calculated in Purchasing Power Parity terms with additional estimates for their Informal economies and for the age of...
See detail...
More data...