The economy of Saudi Arabia expanded 1.4% on quarter in the last three months of 2024, higher than 1.2% in Q3. The oil sector expanded 1.8% and non-oil activities grew 1.7%. GDP Growth Rate in Saudi Arabia averaged 1.02 percent from 2010 until 2025, reaching an all time high of 9.20 percent in the fourth quarter of 2010 and a record low of -5.10 percent in the second quarter of 2020. source: General Authority for Statistics, Saudi Arabia

GDP Growth Rate in Saudi Arabia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia GDP Growth Rate is projected to trend around 1.00 percent in 2027 and 0.70 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 4.50 2.70 percent Dec 2025
GDP Growth Rate YoY 5.00 4.80 percent Dec 2025
GDP Constant Prices 1272528.00 1222872.00 SAR Million Dec 2025
GDP from Agriculture 28965.00 31851.00 SAR Million Dec 2025
GDP from Construction 98592.00 93768.00 SAR Million Dec 2025
GDP from Manufacturing 195753.00 193740.00 SAR Million Dec 2025
GDP from Mining 276952.00 268336.00 SAR Million Dec 2025
GDP from Transport 74572.00 63680.00 SAR Million Dec 2025
GDP from Utilities 12607.00 30980.00 SAR Million Dec 2025
GDP Growth Non Oil Sector 4.10 4.26 percent Dec 2025
GDP Growth Oil Sector 10.40 8.27 percent Dec 2025
GDP Growth Rate 1.40 1.20 percent Dec 2025
Gross Fixed Capital Formation 342875.00 342270.00 SAR Million Dec 2025


Saudi Arabia GDP Growth Rate
Saudi Arabia has an oil-based economy. Shipments of oil account for 87 percent of total exports and for 46 percent of GDP. In recent years, in order to diversify the economy, the government has been investing in telecommunications, petrochemicals, natural gas exploitation and power generation sectors.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.20 9.20 -5.10 2010 - 2025 percent Quarterly
SA