Saudi Arabia: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 1.38 percent as of Q2 2024, an increase compared to the previous value of 1.36 percent. Historically, the average for Saudi Arabia from Q1 2010 to Q2 2024 is 0.85 percent. The minimum of -3.98 percent was recorded in Q2 2020, while the maximum of 6.01 percent was reached in Q4 2010.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: General Authority for Statistics of Kingdom of Saudi Arabia
| Recent values | Saudi Arabia: Economic growth, quarterly |
|---|---|
| 2024 Q2 | 1.38 |
| 2024 Q1 | 1.36 |
| 2023 Q4 | -0.57 |
| 2023 Q3 | -2.31 |
| 2023 Q2 | 0.01 |
| 2023 Q1 | -1.48 |
| 2022 Q4 | 1.53 |
| 2022 Q3 | 1.19 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | -0.75 | 2023 | percent |
| GDP, constant dollars | 776.1 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 1,067.58 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 28,894.96 | 2023 | U.S. dollars |
| GDP per capita, PPP | 49,568 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 21,006.15 | 2023 | U.S. dollars |
| Economic growth, quarterly | -0.31 | Q2/2024 | percent |
| Economic growth Q-on-Q | 1.38 | Q2/2024 | percent |
| Gross Domestic Product (GDP) | 1,022.61 | Q2/2024 | billion |