Saudi Arabia GDP Growth Rate 1969-2023

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Saudi Arabia gdp growth rate for 2021 was 3.24%, a 7.38% increase from 2020.
  • Saudi Arabia gdp growth rate for 2020 was -4.14%, a 4.47% decline from 2019.
  • Saudi Arabia gdp growth rate for 2019 was 0.33%, a 2.18% decline from 2018.
  • Saudi Arabia gdp growth rate for 2018 was 2.51%, a 3.26% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Monaco 21.55%
Macao 19.27%
Aruba 17.17%
Panama 15.34%
Bahamas 13.72%
Ireland 13.59%
Croatia 13.07%
Chile 11.67%
Argentina 10.40%
Malta 10.30%
Andorra 8.95%
Israel 8.61%
Greece 8.43%
Slovenia 8.21%
Estonia 8.01%
Seychelles 7.86%
Singapore 7.61%
United Kingdom 7.52%
Hungary 7.12%
Poland 6.85%
France 6.82%
Italy 6.74%
Cyprus 6.64%
Hong Kong 6.34%
Belgium 6.13%
Lithuania 5.98%
United States 5.95%
Spain 5.52%
Portugal 5.48%
Bermuda 5.41%
Antigua and Barbuda 5.27%
Luxembourg 5.10%
Sweden 5.08%
Netherlands 4.86%
Denmark 4.86%
Austria 4.56%
Canada 4.54%
Iceland 4.40%
Uruguay 4.37%
Curacao 4.23%
Switzerland 4.22%
South Korea 4.15%
Latvia 4.07%
UAE 3.92%
Norway 3.88%
New Zealand 3.71%
Czech Republic 3.54%
Saudi Arabia 3.24%
Oman 3.09%
Slovak Republic 3.01%
Finland 2.97%
Germany 2.63%
Australia 2.24%
Bahrain 2.23%
Turks and Caicos Islands 2.10%
Cayman Islands 1.84%
Japan 1.66%
Qatar 1.59%
Guam 1.06%
French Polynesia 1.02%
Puerto Rico 0.21%
Barbados -0.19%
St. Kitts and Nevis -0.88%
Trinidad and Tobago -1.03%
Brunei -1.59%
Palau -13.33%
Saudi Arabia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 3.24% 7.38%
2020 -4.14% -4.47%
2019 0.33% -2.18%
2018 2.51% 3.26%
2017 -0.74% -2.41%
2016 1.67% -2.44%
2015 4.11% 0.45%
2014 3.65% 0.95%
2013 2.70% -2.71%
2012 5.41% -4.59%
2011 10.00% 4.96%
2010 5.04% 7.10%
2009 -2.06% -8.31%
2008 6.25% 4.40%
2007 1.85% -0.94%
2006 2.79% -2.79%
2005 5.57% -2.38%
2004 7.96% -3.28%
2003 11.24% 14.06%
2002 -2.82% -1.61%
2001 -1.21% -6.84%
2000 5.63% 9.39%
1999 -3.76% -6.66%
1998 2.89% 1.79%
1997 1.10% -1.53%
1996 2.64% 2.43%
1995 0.21% -0.35%
1994 0.56% 1.92%
1993 -1.36% -5.35%
1992 3.99% -11.02%
1991 15.01% -0.19%
1990 15.19% 15.70%
1989 -0.50% -13.61%
1988 13.11% 19.74%
1987 -6.63% -23.65%
1986 17.01% 26.81%
1985 -9.79% -5.13%
1984 -4.66% 11.39%
1983 -16.05% 4.68%
1982 -20.73% -22.67%
1981 1.94% -3.71%
1980 5.65% -6.27%
1979 11.92% 17.14%
1978 -5.22% -12.31%
1977 7.09% -10.73%
1976 17.82% 26.75%
1975 -8.93% -25.16%
1974 16.23% -7.94%
1973 24.17% 1.24%
1972 22.93% 2.42%
1971 20.51% -38.14%
1970 58.65% 52.61%
1969 6.04% 52.61%