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

The Gross Domestic Product (GDP) in Saudi Arabia expanded by 1.84 percent in the December quarter of 2015 over the same quarter of the previous year, slowing from 4.02 percent the preceding quarter. For the whole 2015, the economy advanced 3.49 percent, slowing from 3.64 percent in the previous year. GDP Annual Growth Rate in Saudi Arabia averaged 5.04 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.

Saudi Arabia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.80 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. Saudi Arabia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-02 10:00 AM Q1 2.4% 1.6%(R)
2015-08-31 09:00 AM Q2 3.8% 2.3%
2016-01-13 09:00 AM Q3 3.6% 4.55% 3.1%
2016-06-28 09:00 AM Q1 1.84% 1.5%
2016-09-27 09:00 AM Q2 1.6%
2016-12-27 09:00 AM Q3 1.8%

Saudi Arabia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.60 4.55 27.49 -11.10 percent [+]
GDP Annual Growth Rate 3.60 3.80 27.49 -11.10 percent [+]
GDP 746.25 744.34 746.25 4.19 USD Billion [+]
GDP Constant Prices 636986.00 627688.00 636986.00 475144.00 SAR Million [+]
Gross Fixed Capital Formation 185322.00 159749.00 199621.00 101572.00 SAR Million [+]
GDP per capita 17819.67 17545.38 22158.96 11557.35 USD [+]
GDP per capita PPP 52095.88 51293.99 52095.88 34875.28 USD [+]
GDP From Agriculture 11236.00 12817.00 13686.00 10354.00 SAR Million [+]
GDP From Construction 31741.00 32001.00 32001.00 21969.00 SAR Million [+]
GDP From Manufacturing 74951.00 73810.00 74951.00 53468.00 SAR Million [+]
GDP From Mining 251251.00 252061.00 254182.00 189221.00 SAR Million [+]
GDP From Transport 37351.00 33863.00 37915.00 24028.00 SAR Million [+]
GDP From Utilities 5548.00 13370.00 13370.00 3141.00 SAR Million [+]




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