Saudi Arabia GDP Growth Rate  Forecast


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GDP Growth Rate in Saudi Arabia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Saudi Arabia to stand at 1.20 in 12 months time. In the long-term, the Saudi Arabia GDP Growth Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.


Saudi Arabia GDP Last Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate -1.03 0.5 0.8 1 1.2 2.5
GDP Annual Growth Rate -1.03 0.5 0.8 1.3 1.5 2.5
GDP 646 680 745 745 582 780
GDP Constant Prices 628194 676167 674157 664766 755463 737412
Gross Fixed Capital Formation 148922 146000 147000 150000 152000 180000
GDP per capita 21395 21808 21028 20916 20803 23186
GDP per capita PPP 50458 49472 49289 49107 48924 47576
GDP From Agriculture 15986 11518 15400 16500 15386 12489
GDP From Construction 29081 28000 28000 29000 29000 29000
GDP From Manufacturing 76643 80996 82649 80436 77464 95118
GDP From Mining 251630 271405 250410 280426 249269 310079
GDP From Transport 37264 42881 41245 41244 37010 51482
GDP From Utilities 9955 6030 3600 10650 13501 6310