Saudi Arabia: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.52 percent as of Q4 2024, a decline compared to the previous value of 0.86 percent. Historically, the average for Saudi Arabia from Q1 2010 to Q4 2024 is 0.85 percent. The minimum of -3.98 percent was recorded in Q2 2020, while the maximum of 6 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 Q4 | 0.52 |
| 2024 Q3 | 0.86 |
| 2024 Q2 | 1.38 |
| 2024 Q1 | 1.36 |
| 2023 Q4 | -0.61 |
| 2023 Q3 | -2.29 |
| 2023 Q2 | 0.03 |
| 2023 Q1 | -1.45 |
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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 | 32,093.96 | 2023 | U.S. dollars |
| GDP per capita, PPP | 55,055 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 21,006.15 | 2023 | U.S. dollars |
| Economic growth, quarterly | 4.48 | Q4/2024 | percent |
| Economic growth Q-on-Q | 0.52 | Q4/2024 | percent |
| Gross Domestic Product (GDP) | 1,024.83 | Q4/2024 | billion |