Saudi Arabia GDP

Saudi Arabia GDP

Saudi Arabia GDP from 2010 to today. World Bank and OECD data. GDP in US dollars. Saudi Arabia's $1.1 trillion economy, heavily oil-reliant, projects 3.5% growth in 2025 under Vision 2030's diversification push. Non-oil sectors like tourism and manufacturing contribute half of GDP. Petroleum exports (55%) dominate, with machinery imports significant. Fiscal deficits ($27 billion) and oil price volatility challenge stability. Recent investments in gas fields and global sports events enhance economic resilience. Saudi Arabia prioritizes renewables, aiming for 50% clean energy by 2030, alongside entertainment hubs to create jobs. These efforts target a 65% private sector GDP share, fostering innovation and sustainable prosperity for its 36 million citizens.

Saudi Arabia GDP Statistics by Year

Year GDP Size (in billions $)
2025 (projected) 1,280
2024 1,238
2023 1,219
2022 1,239
2021 983
2020 768
2019 889
2018 887
2017 741
2016 689
2015 693
2014 787
2013 770
2012 752
2011 681
2010 528