Saudi Arabia's GDP contracted 4.8% quarter-on-quarter in the second quarter of 2026, following a 1.4% decline in the previous period. This marked the second quarterly contraction since the third quarter of 2023. source: General Authority for Statistics, Saudi Arabia

GDP Growth Rate in Saudi Arabia averaged 0.89 percent from 2010 until 2026, reaching an all time high of 9.20 percent in the fourth quarter of 2010 and a record low of -5.10 percent in the second quarter of 2020. This page provides - Saudi Arabia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia GDP Growth Rate - values, historical data and charts - was last updated on September of 2026.

GDP Growth Rate in Saudi Arabia is expected to be -2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia GDP Growth Rate is projected to trend around 1.00 percent in 2027 and 0.70 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 4.50 2.70 percent Dec 2025
GDP Growth Rate YoY -4.70 3.00 percent Jun 2026
GDP Constant Prices 1141543.00 1242133.00 SAR Million Jun 2026
GDP from Agriculture 30920.00 30196.00 SAR Million Jun 2026
GDP from Construction 87862.00 91307.00 SAR Million Jun 2026
GDP from Manufacturing 203803.00 205923.00 SAR Million Jun 2026
GDP from Mining 183002.00 248325.00 SAR Million Jun 2026
GDP from Transport 63503.00 71612.00 SAR Million Jun 2026
GDP from Utilities 20575.00 8118.00 SAR Million Jun 2026
GDP Growth Non Oil Sector 0.61 2.86 percent Jun 2026
GDP Growth Oil Sector -24.66 2.87 percent Jun 2026
GDP Growth Rate -4.80 -1.40 percent Jun 2026
Gross Fixed Capital Formation 323645.00 339404.00 SAR Million Jun 2026


Saudi Arabia GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -1.40 9.20 -5.10 2010 - 2026 percent Quarterly
SA