Saudi Arabia economy graph showing purchasing power parity (PPP) growth from 1990 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Saudi Arabias GDP per capita (PPP) stood around $55,000 in 2023. The economy is dominated by oil production and refining, petrochemicals, and expanding non-oil sectors.