GDP Growth Rate
Year -
-0.75%
In 2023, Saudi Arabia experienced a significant a decrease in its GDP growth rate, which fall to -0.75% from 7.49% in 2022. Additionally, the GDP per capita growth rate in Saudi Arabia decrease to -2.20% in 2023, compared to 6.13% in 2022.
In 2023, Saudi Arabia experienced a decrease in economic performance, with the GDP growth rate falling by 8.24%. Additionally, the GDP per capita growth rate decrease by 8.33%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 11.88% | 11.88% | 8.23% | 8.23% |
| 1962 | 11.92% | 0.04% | 8.1% | -0.13% |
| 1963 | 8.7% | -3.22% | 4.86% | -3.24% |
| 1964 | 8.78% | 0.08% | 4.84% | -0.02% |
| 1965 | 12.14% | 3.36% | 8% | 3.16% |
| 1966 | 8.18% | -3.96% | 4.12% | -3.88% |
| 1967 | 8.91% | 0.73% | 4.7% | 0.58% |
| 1968 | 7.66% | -1.25% | 3.37% | -1.33% |
| 1969 | 6.04% | -1.62% | 1.68% | -1.69% |
| 1970 | 52.59% | 46.55% | 46.06% | 44.38% |
| 1971 | 20.51% | -32.08% | 15.04% | -31.02% |
| 1972 | 22.93% | 2.42% | 16.94% | 1.90% |
| 1973 | 24.17% | 1.24% | 17.79% | 0.85% |
| 1974 | 16.23% | -7.94% | 10.1% | -7.69% |
| 1975 | -8.93% | -25.16% | -13.7% | -23.80% |
| 1976 | 17.82% | 26.75% | 11.84% | 25.54% |
| 1977 | 7.09% | -10.73% | 1.76% | -10.08% |
| 1978 | -5.22% | -12.31% | -9.91% | -11.67% |
| 1979 | 11.92% | 17.14% | 6.47% | 16.38% |
| 1980 | 5.65% | -6.27% | 0.57% | -5.90% |
| 1981 | 1.94% | -3.71% | -2.89% | -3.46% |
| 1982 | -20.73% | -22.67% | -24.43% | -21.54% |
| 1983 | -16.05% | 4.68% | -19.95% | 4.48% |
| 1984 | -4.66% | 11.39% | -9.03% | 10.92% |
| 1985 | -9.79% | -5.13% | -13.85% | -4.82% |
| 1986 | 17.01% | 26.80% | 11.87% | 25.72% |
| 1987 | -6.63% | -23.64% | -10.65% | -22.52% |
| 1988 | 13.11% | 19.74% | 8.31% | 18.96% |
| 1989 | -0.5% | -13.61% | -4.65% | -12.96% |
| 1990 | 15.19% | 15.69% | 10.5% | 15.15% |
| 1991 | 15.01% | -0.18% | 10.52% | 0.02% |
| 1992 | 3.99% | -11.02% | 0.21% | -10.31% |
| 1993 | -1.36% | -5.35% | -4.49% | -4.70% |
| 1994 | 0.56% | 1.92% | -2.29% | 2.20% |
| 1995 | 0.21% | -0.35% | -2.55% | -0.26% |
| 1996 | 2.64% | 2.43% | -0.12% | 2.43% |
| 1997 | 1.1% | -1.54% | -1.57% | -1.45% |
| 1998 | 2.89% | 1.79% | 0.21% | 1.78% |
| 1999 | -3.76% | -6.65% | -6.22% | -6.43% |
| 2000 | 5.63% | 9.39% | 2.99% | 9.21% |
| 2001 | -1.21% | -6.84% | -3.62% | -6.61% |
| 2002 | -2.82% | -1.61% | -5.13% | -1.51% |
| 2003 | 11.24% | 14.06% | 8.71% | 13.84% |
| 2004 | 7.96% | -3.28% | 5.63% | -3.08% |
| 2005 | 5.57% | -2.39% | 2.39% | -3.24% |
| 2006 | 2.79% | -2.78% | -1.2% | -3.59% |
| 2007 | 1.85% | -0.94% | -2.08% | -0.88% |
| 2008 | 6.25% | 4.40% | 2.23% | 4.31% |
| 2009 | -2.06% | -8.31% | -5.66% | -7.89% |
| 2010 | 5.04% | 7.10% | 1.72% | 7.38% |
| 2011 | 10.99% | 5.95% | 8.27% | 6.55% |
| 2012 | 5.41% | -5.58% | 3.12% | -5.15% |
| 2013 | 2.53% | -2.88% | 0.38% | -2.74% |
| 2014 | 3.81% | 1.28% | 1.73% | 1.35% |
| 2015 | 4.51% | 0.70% | 2.52% | 0.79% |
| 2016 | 1.88% | -2.63% | -0.15% | -2.67% |
| 2017 | 0.91% | -0.97% | -1.38% | -1.23% |
| 2018 | 3.2% | 2.29% | 0.77% | 2.15% |
| 2019 | 1.1% | -2.10% | -1.19% | -1.96% |
| 2020 | -3.58% | -4.68% | -4.04% | -2.85% |
| 2021 | 5.08% | 8.66% | 5.21% | 9.25% |
| 2022 | 7.49% | 2.41% | 6.13% | 0.92% |
| 2023 | -0.75% | -8.24% | -2.2% | -8.33% |