Saudi Arabia GDP Growth Rate  Forecast


GDP Growth Rate in Saudi Arabia is expected to be 2.10 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 2.30 in 12 months time. In the long-term, the Saudi Arabia GDP Growth Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.


Saudi Arabia GDP Growth Rate
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Saudi Arabia GDP Last Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 1.2 2.1 2.2 2.4 2.3 3.5
GDP Annual Growth Rate -0.5 -0.3 0.5 0.8 1 2.5
GDP 646 680 680 745 745 780
GDP Constant Prices 642963 651989 676167 674157 664766 737412
Gross Fixed Capital Formation 143142 155000 200000 135397 170000 258000
GDP per capita 21395 21800 21808 21518 21481 23186
GDP per capita PPP 50458 50427 50408 50396 50384 50405
GDP From Agriculture 16032 15126 11518 15400 16500 12489
GDP From Construction 29589 30600 31000 32000 31400 35698
GDP From Manufacturing 81393 79815 80996 82649 80436 95118
GDP From Mining 248631 272846 271405 252397 280426 310079
GDP From Transport 38657 35890 42881 41245 41244 51482
GDP From Utilities 3676 14000 6030 3600 10650 6310