Saudi Arabia's economy expanded by 1.3% in 2024, rebounding from a 0.8% contraction in the previous year. This growth was driven by a 4.3% increase in non-oil activities and a 2.6% rise in government activities. However, oil activities recorded a decline of 4.5%. source: General Authority for Statistics, Saudi Arabia
Full Year GDP Growth in Saudi Arabia averaged 4.83 percent from 1969 until 2024, reaching an all time high of 58.70 percent in 1970 and a record low of -20.70 percent in 1982. This page includes a chart with historical data for Saudi Arabia Full Year Gdp Growth. Saudi Arabia Full Year Gdp Growth - values, historical data and charts - was last updated on September of 2025.
Full Year GDP Growth in Saudi Arabia is expected to reach 4.60 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Full Year Gdp Growth is projected to trend around 3.70 percent in 2026 and 4.30 percent in 2027, according to our econometric models.