GDP (current US$) (UNESCO Institute) in Saudi Arabia

Saudi Arabia: GDP (current US$) (UNESCO Institute) was 1.24 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
1.24 trillion current US$
Change on year
up 1.6%
World rank
18th
of 211 countries
All-time high
1.24 trillion current US$
in 2022
All-time low
5.38 billion current US$
in 1970
Years of data
55
1970–2024

GDP in Saudi Arabia, 1970–2024

0250.0B500.0B750.0B1.0T1.2T197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Saudi Arabia recorded 1.24 trillion current US$ for gdp in 2024.

Compared with earlier readings it is up 1.6% on the previous year and up 57.2% over ten years.

Over the whole period, gdp in Saudi Arabia peaked at 1.24 trillion current US$ in 2022 and was at its lowest, 5.38 billion current US$, in 1970.

That places Saudi Arabia 18th out of 211 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current US$) (UNESCO Institute) in Saudi Arabia, year by year

Annual values for GDP (current US$) in Saudi Arabia, 1970 to 2024.
Year current US$ Change
1970 5.38 billion current US$ —
1971 7.18 billion current US$ +33.6%
1972 9.66 billion current US$ +34.5%
1973 14.95 billion current US$ +54.7%
1974 45.41 billion current US$ +203.8%
1975 46.77 billion current US$ +3.0%
1976 64.01 billion current US$ +36.8%
1977 74.19 billion current US$ +15.9%
1978 80.27 billion current US$ +8.2%
1979 111.86 billion current US$ +39.4%
1980 164.54 billion current US$ +47.1%
1981 184.29 billion current US$ +12.0%
1982 153.24 billion current US$ -16.8%
1983 129.17 billion current US$ -15.7%
1984 119.62 billion current US$ -7.4%
1985 103.90 billion current US$ -13.1%
1986 86.96 billion current US$ -16.3%
1987 85.70 billion current US$ -1.5%
1988 88.26 billion current US$ +3.0%
1989 95.34 billion current US$ +8.0%
1990 117.63 billion current US$ +23.4%
1991 132.22 billion current US$ +12.4%
1992 137.09 billion current US$ +3.7%
1993 132.97 billion current US$ -3.0%
1994 135.18 billion current US$ +1.7%
1995 143.34 billion current US$ +6.0%
1996 158.66 billion current US$ +10.7%
1997 165.96 billion current US$ +4.6%
1998 146.78 billion current US$ -11.6%
1999 161.72 billion current US$ +10.2%
2000 189.51 billion current US$ +17.2%
2001 184.14 billion current US$ -2.8%
2002 189.61 billion current US$ +3.0%
2003 215.81 billion current US$ +13.8%
2004 258.74 billion current US$ +19.9%
2005 328.46 billion current US$ +26.9%
2006 376.90 billion current US$ +14.7%
2007 415.96 billion current US$ +10.4%
2008 519.80 billion current US$ +25.0%
2009 429.10 billion current US$ -17.4%
2010 528.21 billion current US$ +23.1%
2011 680.66 billion current US$ +28.9%
2012 751.92 billion current US$ +10.5%
2013 769.76 billion current US$ +2.4%
2014 787.15 billion current US$ +2.3%
2015 693.41 billion current US$ -11.9%
2016 689.28 billion current US$ -0.6%
2017 741.27 billion current US$ +7.5%
2018 886.57 billion current US$ +19.6%
2019 888.89 billion current US$ +0.3%
2020 767.95 billion current US$ -13.6%
2021 982.66 billion current US$ +28.0%
2022 1.24 trillion current US$ +26.1%
2023 1.22 trillion current US$ -1.7%
2024 1.24 trillion current US$ +1.6%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 1.24 trillion current US$ is above the median for high income countries, which is 92.86 billion current US$, 13.3× the median. (82 countries reporting)
  • Saudi Arabia's 1.24 trillion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 106.94 billion current US$, 11.6× the median. (23 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$) (UNESCO Institute) in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1974 +203.8% 14.95 billion current US$ 45.41 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 45.97 billion current US$ 5.38 billion current US$ 111.86 billion current US$ 10
1980s 121.10 billion current US$ 85.70 billion current US$ 184.29 billion current US$ 10
1990s 143.15 billion current US$ 117.63 billion current US$ 165.96 billion current US$ 10
2000s 310.80 billion current US$ 184.14 billion current US$ 519.80 billion current US$ 10
2010s 741.71 billion current US$ 528.21 billion current US$ 888.89 billion current US$ 10
2020s 1.09 trillion current US$ 767.95 billion current US$ 1.24 trillion current US$ 5

Countries ranked near Saudi Arabia

  1. 15 Spain 1.72 trillion current US$ compare
  2. 16 Indonesia 1.40 trillion current US$ compare
  3. 17 Turkey 1.32 trillion current US$ compare
  4. 19 Netherlands 1.23 trillion current US$ compare
  5. 20 Switzerland 936.56 billion current US$ compare
  6. 21 Poland 914.70 billion current US$ compare

See the full ranking of 211 places →

More population data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is gdp in Saudi Arabia?
Gdp in Saudi Arabia was 1.24 trillion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Saudi Arabia?
The highest recorded value was 1.24 trillion current US$ in 2022.
What is the lowest gdp recorded in Saudi Arabia?
The lowest recorded value was 5.38 billion current US$ in 1970.
How does Saudi Arabia rank for gdp?
Saudi Arabia ranks 18th out of 211 countries with data for 2024.
Is gdp rising or falling in Saudi Arabia?
Over the last ten years it is up 57.2%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.

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GDP in Saudi Arabia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-us-2/saudi-arabia/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release