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 $)
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