Annual Purchasing Power Parities and exchange rates — Purchasing in Saudi Arabia
Saudi Arabia: Annual Purchasing Power Parities and exchange rates — Purchasing was 1.88 National currency per US dollar in 2024. ▲ Rising
Annual Purchasing Power Parities and exchange rates — Purchasing in Saudi Arabia, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
Saudi Arabia recorded 1.88 National currency per US dollar for annual purchasing power parities and exchange rates — purchasing in 2024.
Compared with earlier readings it is down 1.2% on the previous year and up 16.4% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Saudi Arabia peaked at 2.09 National currency per US dollar in 2020 and was at its lowest, 1.27 National currency per US dollar, in 2006.
Saudi Arabia ranks 31st of 53 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Annual Purchasing Power Parities and exchange rates — Purchasing in Saudi Arabia, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1990 | 1.73 National currency per US dollar | — |
| 1991 | 1.74 National currency per US dollar | +0.6% |
| 1992 | 1.69 National currency per US dollar | -3.0% |
| 1993 | 1.66 National currency per US dollar | -1.8% |
| 1994 | 1.62 National currency per US dollar | -2.0% |
| 1995 | 1.66 National currency per US dollar | +2.0% |
| 1996 | 1.63 National currency per US dollar | -1.7% |
| 1997 | 1.59 National currency per US dollar | -2.2% |
| 1998 | 1.56 National currency per US dollar | -1.9% |
| 1999 | 1.51 National currency per US dollar | -3.4% |
| 2000 | 1.44 National currency per US dollar | -4.4% |
| 2001 | 1.39 National currency per US dollar | -3.8% |
| 2002 | 1.37 National currency per US dollar | -1.3% |
| 2003 | 1.35 National currency per US dollar | -1.6% |
| 2004 | 1.32 National currency per US dollar | -2.1% |
| 2005 | 1.28 National currency per US dollar | -2.8% |
| 2006 | 1.27 National currency per US dollar | -1.0% |
| 2007 | 1.29 National currency per US dollar | +1.3% |
| 2008 | 1.36 National currency per US dollar | +5.8% |
| 2009 | 1.43 National currency per US dollar | +5.4% |
| 2010 | 1.49 National currency per US dollar | +3.6% |
| 2011 | 1.53 National currency per US dollar | +2.6% |
| 2012 | 1.63 National currency per US dollar | +6.9% |
| 2013 | 1.73 National currency per US dollar | +6.0% |
| 2014 | 1.62 National currency per US dollar | -6.5% |
| 2015 | 1.67 National currency per US dollar | +3.2% |
| 2016 | 1.78 National currency per US dollar | +6.9% |
| 2017 | 1.74 National currency per US dollar | -2.4% |
| 2018 | 1.86 National currency per US dollar | +6.7% |
| 2019 | 1.88 National currency per US dollar | +1.3% |
| 2020 | 2.09 National currency per US dollar | +11.1% |
| 2021 | 2.04 National currency per US dollar | -2.3% |
| 2022 | 1.94 National currency per US dollar | -5.1% |
| 2023 | 1.91 National currency per US dollar | -1.7% |
| 2024 | 1.88 National currency per US dollar | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.64 National currency per US dollar | 1.51 National currency per US dollar | 1.74 National currency per US dollar | 10 |
| 2000s | 1.35 National currency per US dollar | 1.27 National currency per US dollar | 1.44 National currency per US dollar | 10 |
| 2010s | 1.69 National currency per US dollar | 1.49 National currency per US dollar | 1.88 National currency per US dollar | 10 |
| 2020s | 1.97 National currency per US dollar | 1.88 National currency per US dollar | 2.09 National currency per US dollar | 5 |
Countries ranked near Saudi Arabia
- 28 Brazil 2.52 National currency per US dollar compare
- 29 Romania 2.18 National currency per US dollar compare
- 30 Peru 1.95 National currency per US dollar compare
- 32 New Zealand 1.53 National currency per US dollar compare
- 33 Australia 1.46 National currency per US dollar compare
- 34 Canada 1.26 National currency per US dollar compare
More population data for Saudi Arabia
- Urban and rural population 2050, annual growth rate 0.5774 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.6339 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.1019 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 48,374 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.2 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.5868 % change on previous year (2100)
- Population growth rate 0.629 (2100)
- Population density 33.03 (2100)
- Projected population under age 5 4.10 million (2100)
- Population growth rate by level of development 0.629 (2100)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — purchasing in Saudi Arabia?
- Annual purchasing power parities and exchange rates — purchasing in Saudi Arabia was 1.88 National currency per US dollar in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Saudi Arabia?
- The highest recorded value was 2.09 National currency per US dollar in 2020.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Saudi Arabia?
- The lowest recorded value was 1.27 National currency per US dollar in 2006.
- How does Saudi Arabia rank for annual purchasing power parities and exchange rates — purchasing?
- Saudi Arabia ranks 31st out of 53 countries with data for 2024.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Saudi Arabia?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid updates them automatically from the source API.
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About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org