GDP in Saudi Arabia

Saudi Arabia: GDP was 1.24 trillion current US$ in 2024. β—† Volatile

Latest (2024)
1.24 trillion current US$
Change on year
up 1.6%
World rank
18th
of 208 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 208 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.

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 β†’

More population data for Saudi Arabia

All data for Saudi Arabia β†’

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 208 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 16 August 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