Saudi Arabia: Share of industry

* indicates monthly or quarterly data series
 Saudi Arabia

Value added by industry as percent of GDP

 Latest value 53.23
 Year 2022
 Measure percent
 Data availability 1968 - 2022
 Average 54.85
 Min - Max 37.22 - 83.10
 Source The World Bank
For that indicator, we provide data for Saudi Arabia from 1968 to 2022. The average value for Saudi Arabia during that period was 54.85 percent with a minimum of 37.22 percent in 1986 and a maximum of 83.1 percent in 1974. The latest value from 2022 is 53.23 percent. For comparison, the world average in 2022 based on 166 countries is 27.55 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Saudi Arabia - Share of industry - Recent values chart

Historical chart
Saudi Arabia - Share of industry - historical chart - 1968-2022

The importance of industry in the economy of Saudi Arabia and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.

 Related indicators Latest value Reference Measure
 Share of industry 53.23 2022 percent
 Share of manufacturing 14.44 2022 percent
 Share of services 39.77 2022 percent
 Industry value added 590.13 2022 billion U.S. dollars
 Manufacturing value added 160.03 2022 billion U.S. dollars
 Services value added 440.83 2022 billion U.S. dollars
 Savings, percent of GDP 40.29 2022 percent
 Savings, in dollars 446.66 2022 billion U.S. dollars
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