Saudi Arabia GDP Annual Growth Rate 1969-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Saudi Arabia expanded 2.40 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Saudi Arabia averaged 5.09 percent from 1969 until 2015, 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. GDP Annual Growth Rate in Saudi Arabia is reported by the Central Department Of Statistics & Information.

      Forecast
Saudi Arabia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.40 1.60 27.49 -11.10 1969 - 2015 percent Quarterly
Saudi Arabia is the world´s biggest producer of oil and oil extraction accounts for 46 percent of GDP. The services sector represents 36 percent of the wealth. Within services the largest segments are: government services (13 percent of GDP), wholesale and retail trade and restaurants and hotels (8 percent) and financing, insurance and real estate (7.9 percent). Manufacturing constitutes 10 percent of GDP, construction and electricity, gas and water distribution - 6 percent and agriculture, forestry and fishing - 2 percent. This page provides the latest reported value for - Saudi Arabia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Saudi Arabia GDP Annual Growth Rate - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-02 10:00 AM Q1 2.4% 1.6% (R)

Saudi Arabia GDP Last Previous Highest Lowest Unit
GDP 746.25 744.34 746.25 4.19 USD Billion [+]
GDP Growth Rate 2.44 2.00 27.49 -11.10 percent [+]
GDP Annual Growth Rate 2.40 1.60 27.49 -11.10 percent [+]
GDP Constant Prices 627370.00 623834.00 627370.00 475144.00 SAR Million [+]
GDP per capita 17819.67 17545.38 22158.96 11557.35 USD [+]
Gross Fixed Capital Formation 166089.00 192479.00 192479.00 101572.00 SAR Million [+]
GDP per capita PPP 52095.88 51293.99 52095.88 34875.28 USD [+]
GDP From Agriculture 13770.00 11114.00 13770.00 10354.00 SAR Million [+]
GDP From Construction 32133.00 30143.00 32133.00 21969.00 SAR Million [+]
GDP From Manufacturing 72776.00 69594.00 72776.00 53468.00 SAR Million [+]
GDP From Mining 245655.00 242045.00 254182.00 189221.00 SAR Million [+]
GDP From Transport 37528.00 35282.00 37528.00 24028.00 SAR Million [+]
GDP From Utilities 3472.00 5404.00 12837.00 3141.00 SAR Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -1.60 Mar/15 -0.20 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.00 Mar/15 0.90 5.00 -5.60 percent [+]
France 0.82 Mar/15 0.03 12.50 -3.95 percent [+]
Germany 1.10 Mar/15 1.60 5.20 -6.80 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.71 Mar/15 5.01 7.16 1.56 percent [+]
Italy 0.10 Mar/15 -0.50 10.30 -6.90 percent [+]
Japan -0.90 Mar/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.50 Mar/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.50 Mar/15 1.60 5.80 -4.40 percent [+]
Russia -2.20 Mar/15 0.40 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 2.70 Mar/15 2.00 5.80 -4.40 percent [+]
Switzerland 1.10 Mar/15 1.90 7.30 -3.70 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.90 Mar/15 2.40 13.40 -4.10 percent [+]