Saudi Arabia: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 1022.61 billion Saudi Riyal as of Q2 2024, an increase compared to the previous value of 1015.54 billion Saudi Riyal. Historically, the average for Saudi Arabia from Q1 2010 to Q2 2024 is 745.53 billion Saudi Riyal. The minimum of 477.91 billion Saudi Riyal was recorded in Q2 2010, while the maximum of 1088.32 billion Saudi Riyal was reached in Q2 2022.
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* indicates monthly or quarterly data series
- Measure: billion Saudi Riyal
- Source: General Authority for Statistics of Kingdom of Saudi Arabia
| Recent values | Saudi Arabia: GDP, billion currency units |
|---|---|
| 2024 Q2 | 1022.61 |
| 2024 Q1 | 1015.54 |
| 2023 Q4 | 1016.69 |
| 2023 Q3 | 996.83 |
| 2023 Q2 | 978.49 |
| 2023 Q1 | 1011.43 |
| 2022 Q4 | 1024.14 |
| 2022 Q3 | 1065.23 |
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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.
| 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 |