Nominal GDP in billions of USD
Year -
$1,067.58 billions(-3.7%)
In 2023, Saudi Arabia witnessed a decrease in its Nominal GDP, falling to 1,067.58 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 2,031.78 international billion dollars.
Relatedly, in the preceding year of 2022, Saudi Arabia has Nominal GDP stood at 1,108.57 billion dollars, while the GDP based on PPP was 1,975.24 international billion dollars.
The net change in Saudi Arabia's GDP (Nominal) in 2023 decreased by -40.99 billion dollars(-3.7%), and GDP (PPP) increased by 56.54 international billion dollars(2.86%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 1.75 | - | - | - | - | - |
| 1961 | 1.92 | 0.17 | 9.71 % | - | - | - |
| 1962 | 2.13 | 0.21 | 10.94 % | - | - | - |
| 1963 | 2.21 | 0.08 | 3.76 % | - | - | - |
| 1964 | 2.37 | 0.16 | 7.24 % | - | - | - |
| 1965 | 2.65 | 0.28 | 11.81 % | - | - | - |
| 1966 | 2.92 | 0.27 | 10.19 % | - | - | - |
| 1967 | 3.26 | 0.34 | 11.64 % | - | - | - |
| 1968 | 4.19 | 0.93 | 28.53 % | - | - | - |
| 1969 | 4.49 | 0.3 | 7.16 % | - | - | - |
| 1970 | 5.38 | 0.89 | 19.82 % | - | - | - |
| 1971 | 7.18 | 1.8 | 33.46 % | - | - | - |
| 1972 | 9.66 | 2.48 | 34.54 % | - | - | - |
| 1973 | 14.95 | 5.29 | 54.76 % | - | - | - |
| 1974 | 45.41 | 30.46 | 203.75 % | - | - | - |
| 1975 | 46.77 | 1.36 | 2.99 % | - | - | - |
| 1976 | 64.01 | 17.24 | 36.86 % | - | - | - |
| 1977 | 74.19 | 10.18 | 15.9 % | - | - | - |
| 1978 | 80.27 | 6.08 | 8.2 % | - | - | - |
| 1979 | 111.86 | 31.59 | 39.35 % | - | - | - |
| 1980 | 164.54 | 52.68 | 47.09 % | - | - | - |
| 1981 | 184.29 | 19.75 | 12 % | - | - | - |
| 1982 | 153.24 | -31.05 | -16.85 % | - | - | - |
| 1983 | 129.17 | -24.07 | -15.71 % | - | - | - |
| 1984 | 119.63 | -9.54 | -7.39 % | - | - | - |
| 1985 | 103.9 | -15.73 | -13.15 % | - | - | - |
| 1986 | 86.96 | -16.94 | -16.3 % | - | - | - |
| 1987 | 85.7 | -1.26 | -1.45 % | - | - | - |
| 1988 | 88.26 | 2.56 | 2.99 % | - | - | - |
| 1989 | 95.34 | 7.08 | 8.02 % | - | - | - |
| 1990 | 117.63 | 22.29 | 23.38 % | 519.85 | - | - |
| 1991 | 132.22 | 14.59 | 12.4 % | 618.09 | 98.24 | 18.9 % |
| 1992 | 137.09 | 4.87 | 3.68 % | 657.38 | 39.29 | 6.36 % |
| 1993 | 132.97 | -4.12 | -3.01 % | 663.79 | 6.41 | 0.98 % |
| 1994 | 135.18 | 2.21 | 1.66 % | 681.75 | 17.96 | 2.71 % |
| 1995 | 143.34 | 8.16 | 6.04 % | 697.52 | 15.77 | 2.31 % |
| 1996 | 158.66 | 15.32 | 10.69 % | 729.02 | 31.5 | 4.52 % |
| 1997 | 165.96 | 7.3 | 4.6 % | 749.78 | 20.76 | 2.85 % |
| 1998 | 146.78 | -19.18 | -11.56 % | 780.14 | 30.36 | 4.05 % |
| 1999 | 161.72 | 14.94 | 10.18 % | 761.41 | -18.73 | -2.4 % |
| 2000 | 189.52 | 27.8 | 17.19 % | 822.46 | 61.05 | 8.02 % |
| 2001 | 184.14 | -5.38 | -2.84 % | 830.8 | 8.34 | 1.01 % |
| 2002 | 189.61 | 5.47 | 2.97 % | 819.92 | -10.88 | -1.31 % |
| 2003 | 215.81 | 26.2 | 13.82 % | 930.1 | 110.18 | 13.44 % |
| 2004 | 258.74 | 42.93 | 19.89 % | 1031.13 | 101.03 | 10.86 % |
| 2005 | 328.46 | 69.72 | 26.95 % | 1122.73 | 91.6 | 8.88 % |
| 2006 | 376.9 | 48.44 | 14.75 % | 1189.63 | 66.9 | 5.96 % |
| 2007 | 415.97 | 39.07 | 10.37 % | 1244.43 | 54.8 | 4.61 % |
| 2008 | 519.8 | 103.83 | 24.96 % | 1347.68 | 103.25 | 8.3 % |
| 2009 | 429.1 | -90.7 | -17.45 % | 1328.06 | -19.62 | -1.46 % |
| 2010 | 528.21 | 99.11 | 23.1 % | 1411.95 | 83.89 | 6.32 % |
| 2011 | 676.64 | 148.43 | 28.1 % | 1599.5 | 187.55 | 13.28 % |
| 2012 | 741.85 | 65.21 | 9.64 % | 1679.06 | 79.56 | 4.97 % |
| 2013 | 753.87 | 12.02 | 1.62 % | 1682.82 | 3.76 | 0.22 % |
| 2014 | 766.61 | 12.74 | 1.69 % | 1725.3 | 42.48 | 2.52 % |
| 2015 | 669.48 | -97.13 | -12.67 % | 1552.53 | -172.77 | -10.01 % |
| 2016 | 666 | -3.48 | -0.52 % | 1493.56 | -58.97 | -3.8 % |
| 2017 | 715 | 49 | 7.36 % | 1587.21 | 93.65 | 6.27 % |
| 2018 | 846.58 | 131.58 | 18.4 % | 1712.13 | 124.92 | 7.87 % |
| 2019 | 838.57 | -8.01 | -0.95 % | 1689.23 | -22.9 | -1.34 % |
| 2020 | 734.27 | -104.3 | -12.44 % | 1433.57 | -255.66 | -15.13 % |
| 2021 | 874.16 | 139.89 | 19.05 % | 1716.79 | 283.22 | 19.76 % |
| 2022 | 1108.57 | 234.41 | 26.82 % | 1975.24 | 258.45 | 15.05 % |
| 2023 | 1067.58 | -40.99 | -3.7 % | 2031.78 | 56.54 | 2.86 % |