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

Saudi Arabia's economy expanded by 1.50 percent in the March quarter of 2016 over the same quarter of the previous year, compared to a marginally revised 1.8 percent growth in the preceding quarter. It was the weakest growth since the first quarter of 2013. In the first three months of 2016, oil sector grew by 5.1 percent (from +4.5 percent in Q4 2015). In contrast, non-oil sector contracted by 0.7 percent, the lowest performance in at least five years, following a 0.5 percent decline in the December quarter 2015. 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
1.50 1.80 27.49 -11.10 1969 - 2016 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-08-31 09:00 AM Q2 3.8% 2.3%
2016-01-13 09:00 AM Q3 3.6% 4.55% 3.1%
2016-07-03 03:00 PM Q1 1.5% 1.80% 1.5%
2016-09-27 09:00 AM Q2 1.5% 1.2%
2016-12-27 09:00 AM Q3 0.8%
2017-03-27 09:00 AM Q4 0.5%

Saudi Arabia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 1.80 27.49 -11.10 percent [+]
GDP Annual Growth Rate 1.50 1.80 27.49 -11.10 percent [+]
GDP 646.00 753.83 753.83 4.19 USD Billion [+]
GDP Constant Prices 641474.00 636986.00 641474.00 475144.00 SAR Million [+]
Gross Fixed Capital Formation 145580.00 185322.00 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 13733.00 11236.00 13733.00 10354.00 SAR Million [+]
GDP From Construction 31369.00 31741.00 32001.00 21969.00 SAR Million [+]
GDP From Manufacturing 79210.00 74951.00 79210.00 53468.00 SAR Million [+]
GDP From Mining 250824.00 251251.00 254182.00 189221.00 SAR Million [+]
GDP From Transport 37273.00 37351.00 37915.00 24028.00 SAR Million [+]
GDP From Utilities 3574.00 5548.00 13370.00 3141.00 SAR Million [+]




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