GDP deflator (base year varies by country), annual growth rate in Saudi Arabia

Saudi Arabia: GDP deflator (base year varies by country), annual growth rate was -0.2488 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.2488 % change on previous year
Change on year
up 88.6%
World rank
198th
of 211 countries
All-time high
150.63 % change on previous year
in 1974
All-time low
-16.56 % change on previous year
in 2009
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Saudi Arabia, 1971–2024

050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in Saudi Arabia stood at -0.2488 % change on previous year.

Compared with earlier readings it is up 88.6% on the previous year and up 85.3% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Saudi Arabia peaked at 150.63 % change on previous year in 1974 and was at its lowest, -16.56 % change on previous year, in 2009.

Saudi Arabia ranks 198th of 211 countries on this measure, in the bottom quarter.

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

GDP deflator (base year varies by country), annual growth rate in Saudi Arabia, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Saudi Arabia, 1971 to 2024.
Year % change on previous year Change
1971 15.61 % change on previous year
1972 4.6 % change on previous year -70.5%
1973 12.92 % change on previous year +180.5%
1974 150.63 % change on previous year +1066.3%
1975 7.98 % change on previous year -94.7%
1976 19.18 % change on previous year +140.3%
1977 9.31 % change on previous year -51.5%
1978 4.16 % change on previous year -55.3%
1979 24.16 % change on previous year +480.6%
1980 37.62 % change on previous year +55.7%
1981 10.58 % change on previous year -71.9%
1982 0.4562 % change on previous year -95.7%
1983 -4.55 % change on previous year -1098.2%
1984 -1.6 % change on previous year -64.9%
1985 -3.79 % change on previous year +137.4%
1986 -15.28 % change on previous year +302.9%
1987 2.89 % change on previous year -118.9%
1988 -3.39 % change on previous year -217.4%
1989 7.58 % change on previous year -323.8%
1990 12.75 % change on previous year +68.1%
1991 3.87 % change on previous year -69.7%
1992 -0.8621 % change on previous year -122.3%
1993 -3.37 % change on previous year +291.2%
1994 0.7002 % change on previous year -120.8%
1995 5.71 % change on previous year +715.9%
1996 7.15 % change on previous year +25.1%
1997 1.9 % change on previous year -73.4%
1998 -13.86 % change on previous year -827.9%
1999 10.88 % change on previous year -178.5%
2000 11.91 % change on previous year +9.4%
2001 -3.17 % change on previous year -126.6%
2002 3.68 % change on previous year -216.2%
2003 4.64 % change on previous year +26.1%
2004 10.37 % change on previous year +123.3%
2005 19.73 % change on previous year +90.3%
2006 11.01 % change on previous year -44.2%
2007 8.05 % change on previous year -26.9%
2008 17.7 % change on previous year +120.0%
2009 -16.56 % change on previous year -193.5%
2010 17.19 % change on previous year -203.8%
2011 15.3 % change on previous year -11.0%
2012 4.45 % change on previous year -70.9%
2013 -0.5574 % change on previous year -112.5%
2014 -1.7 % change on previous year +204.3%
2015 -15.83 % change on previous year +833.0%
2016 -2.26 % change on previous year -85.7%
2017 6.29 % change on previous year -377.9%
2018 15.86 % change on previous year +152.4%
2019 -1.37 % change on previous year -108.6%
2020 -10.19 % change on previous year +645.5%
2021 20.13 % change on previous year -297.5%
2022 12.58 % change on previous year -37.5%
2023 -2.18 % change on previous year -117.4%
2024 -0.2488 % change on previous year -88.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 27.62 % change on previous year 4.16 % change on previous year 150.63 % change on previous year 9
1980s 3.05 % change on previous year -15.28 % change on previous year 37.62 % change on previous year 10
1990s 2.49 % change on previous year -13.86 % change on previous year 12.75 % change on previous year 10
2000s 6.74 % change on previous year -16.56 % change on previous year 19.73 % change on previous year 10
2010s 3.74 % change on previous year -15.83 % change on previous year 17.19 % change on previous year 10
2020s 4.02 % change on previous year -10.19 % change on previous year 20.13 % change on previous year 5

Countries ranked near Saudi Arabia

  1. 195 Tonga -0.0225 % change on previous year compare
  2. 196 Norway -0.2047 % change on previous year compare
  3. 197 Saint Kitts and Nevis -0.2242 % change on previous year compare
  4. 199 Qatar -0.4191 % change on previous year compare
  5. 200 Oman -0.6736 % change on previous year compare
  6. 201 China -0.7069 % change on previous year 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 deflator (base year varies by country), annual growth rate in Saudi Arabia?
Gdp deflator (base year varies by country), annual growth rate in Saudi Arabia was -0.2488 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Saudi Arabia?
The highest recorded value was 150.63 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Saudi Arabia?
The lowest recorded value was -16.56 % change on previous year in 2009.
How does Saudi Arabia rank for gdp deflator (base year varies by country), annual growth rate?
Saudi Arabia ranks 198th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Saudi Arabia?
Over the last ten years it is up 85.3%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Saudi Arabia. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/saudi-arabia/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.