Saudi Arabia GDP Growth Rate  1969-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Saudi Arabia expanded 1.40 percent year-on-year in the second quarter of 2016. GDP Growth Rate in Saudi Arabia averaged 4.80 percent from 1969 until 2016, reaching an all time high of 27.49 percent in the fourth quarter of 1974 and a record low of -11.10 percent in the fourth quarter of 1982.

Saudi Arabia GDP Growth Rate
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Saudi Arabia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 1.50 27.49 -11.10 percent [+]
GDP Annual Growth Rate 1.40 1.50 27.49 -11.10 percent [+]
GDP 646.00 753.83 753.83 4.19 USD Billion [+]
GDP Constant Prices 633050.00 641474.00 641474.00 475144.00 SAR Million [+]
Gross Fixed Capital Formation 160008.00 145580.00 199621.00 101572.00 SAR Million [+]
GDP per capita 21312.82 21030.92 27263.10 14232.22 USD [+]
GDP per capita PPP 50283.97 49618.87 50283.97 33578.49 USD [+]
GDP From Agriculture 13393.00 13733.00 13733.00 10354.00 SAR Million [+]
GDP From Construction 30240.00 31369.00 32001.00 21969.00 SAR Million [+]
GDP From Manufacturing 74164.00 79210.00 79210.00 53468.00 SAR Million [+]
GDP From Mining 256955.00 250824.00 256955.00 189221.00 SAR Million [+]
GDP From Transport 36396.00 37273.00 37915.00 24028.00 SAR Million [+]
GDP From Utilities 10010.00 3574.00 13370.00 3141.00 SAR Million [+]



Saudi Arabia GDP Growth Rate Notes

Saudi Arabia has an oil-based economy. Shipments of oil account for 87 percent of total exports and for 46 percent of GDP. In recent years, in order to diversify the economy, the government has been investing in telecommunications, petrochemicals, natural gas exploitation and power generation sectors. This page provides - Saudi Arabia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.50 27.49 -11.10 1969 - 2016 percent Quarterly



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