GDP growth (annual %) (UNESCO Institute) in Saudi Arabia

Saudi Arabia: GDP growth (annual %) (UNESCO Institute) was 1.8% in 2024. ◆ Volatile

Latest (2024)
1.8%
Change on year
up 233.2%
World rank
151st
of 212 countries
All-time high
52.6%
in 1970
All-time low
-16.1%
in 1982
Years of data
55
1970–2024

GDP growth in Saudi Arabia, 1970–2024

-200204060197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Saudi Arabia recorded 1.8% for gdp growth in 2024.

The figure is up 233.2% on the previous year and down 55.1% over ten years.

Over the whole period, gdp growth in Saudi Arabia peaked at 52.6% in 1970 and was at its lowest, -16.1%, in 1982.

Saudi Arabia ranks 151st of 212 countries on this measure, in the middle of the range.

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

GDP growth (annual %) (UNESCO Institute) in Saudi Arabia, year by year

Annual values for GDP growth (annual %) in Saudi Arabia, 1970 to 2024.
Year annual % Change
1970 52.6% —
1971 15.2% -71.0%
1972 18.8% +23.4%
1973 22.5% +19.7%
1974 16.1% -28.4%
1975 -5.5% -134.1%
1976 15.2% -377.4%
1977 5.9% -61.3%
1978 0.2% -97.1%
1979 11.0% +6260.3%
1980 5.8% -47.1%
1981 3.0% -48.6%
1982 -16.1% -640.1%
1983 -11.0% -31.8%
1984 -4.0% -63.5%
1985 -7.2% +80.0%
1986 1.0% -114.0%
1987 -3.1% -410.8%
1988 6.6% -310.7%
1989 0.4% -93.7%
1990 9.4% +2170.3%
1991 8.2% -12.8%
1992 4.6% -44.3%
1993 0.4% -91.7%
1994 1.0% +150.9%
1995 0.3% -67.3%
1996 3.3% +960.2%
1997 2.6% -19.9%
1998 2.8% +5.9%
1999 -0.6% -122.6%
2000 4.7% -844.9%
2001 0.3% -92.7%
2002 -0.7% -299.8%
2003 8.8% -1373.8%
2004 8.6% -1.6%
2005 5.9% -31.1%
2006 3.3% -44.3%
2007 2.2% -33.2%
2008 6.2% +181.8%
2009 -1.1% -117.1%
2010 5.0% -572.4%
2011 11.8% +133.3%
2012 5.8% -51.0%
2013 2.9% -48.9%
2014 4.0% +36.6%
2015 4.7% +15.7%
2016 1.7% -63.4%
2017 1.2% -30.6%
2018 3.2% +173.0%
2019 1.7% -48.8%
2020 -3.8% -330.4%
2021 6.5% -271.4%
2022 12.0% +84.1%
2023 0.5% -95.5%
2024 1.8% +233.2%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 1.8% is below the median for high income countries, which is 2.3%, 80% of the median. (83 countries reporting)
  • Saudi Arabia's 1.8% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%, 80% of the median. (23 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (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
1979 +6260.3% 0.2% 11.0%
1990 +2170.3% 0.4% 9.4%
2003 +1373.8% -0.7% 8.8%
1996 +960.2% 0.3% 3.3%
2000 +844.9% -0.6% 4.7%
1982 -640.1% 3.0% -16.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.2% -5.5% 52.6% 10
1980s -2.5% -16.1% 6.6% 10
1990s 3.2% -0.6% 9.4% 10
2000s 3.8% -1.1% 8.8% 10
2010s 4.2% 1.2% 11.8% 10
2020s 3.4% -3.8% 12.0% 5

Countries ranked near Saudi Arabia

  1. 148 Palau 1.9% compare
  2. 149 Mozambique 1.9% compare
  3. 150 Malawi 1.8% compare
  4. 152 Nauru 1.8% compare
  5. 153 Colombia 1.7% compare
  6. 154 American Samoa 1.7% compare

See the full ranking of 212 places →

More population data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is gdp growth in Saudi Arabia?
Gdp growth in Saudi Arabia was 1.8% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Saudi Arabia?
The highest recorded value was 52.6% in 1970.
What is the lowest gdp growth recorded in Saudi Arabia?
The lowest recorded value was -16.1% in 1982.
How does Saudi Arabia rank for gdp growth?
Saudi Arabia ranks 151st out of 212 countries with data for 2024.
Is gdp growth rising or falling in Saudi Arabia?
Over the last ten years it is down 55.1%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Saudi Arabia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/saudi-arabia/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release