GDP Growth Rate
Year -
2.00%
In 2024, Saudi Arabia experienced a significant an increase in its GDP growth rate, which rise to 2.00% from 0.54% in 2023. Additionally, the GDP per capita growth rate in Saudi Arabia increase to -2.62% in 2024, compared to -4.01% in 2023.
In 2024, Saudi Arabia experienced a increase in economic performance, with the GDP growth rate rising by 1.46%. Additionally, the GDP per capita growth rate increase by 1.39%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 11.88% | 11.88% | 7.85% | 7.85% |
| 1962 | 11.92% | 0.04% | 7.88% | 0.03% |
| 1963 | 8.7% | -3.22% | 4.76% | -3.12% |
| 1964 | 8.78% | 0.08% | 4.82% | 0.06% |
| 1965 | 12.14% | 3.36% | 8.05% | 3.23% |
| 1966 | 8.18% | -3.96% | 4.23% | -3.82% |
| 1967 | 8.91% | 0.73% | 4.86% | 0.63% |
| 1968 | 7.66% | -1.25% | 3.55% | -1.31% |
| 1969 | 6.04% | -1.62% | 1.87% | -1.68% |
| 1970 | 52.59% | 46.55% | 46.37% | 44.50% |
| 1971 | 15.23% | -37.36% | 10.23% | -36.14% |
| 1972 | 18.79% | 3.56% | 13.26% | 3.03% |
| 1973 | 22.5% | 3.71% | 16.51% | 3.25% |
| 1974 | 16.1% | -6.40% | 10.26% | -6.25% |
| 1975 | -5.49% | -21.59% | -10.31% | -20.57% |
| 1976 | 15.22% | 20.71% | 9.19% | 19.50% |
| 1977 | 5.89% | -9.33% | 0.16% | -9.03% |
| 1978 | 0.17% | -5.72% | -5.39% | -5.55% |
| 1979 | 10.96% | 10.79% | 4.7% | 10.09% |
| 1980 | 5.8% | -5.16% | -0.23% | -4.93% |
| 1981 | 2.98% | -2.82% | -2.99% | -2.76% |
| 1982 | -16.11% | -19.09% | -21.07% | -18.08% |
| 1983 | -10.99% | 5.12% | -16.25% | 4.82% |
| 1984 | -4.01% | 6.98% | -9.55% | 6.70% |
| 1985 | -7.21% | -3.20% | -12.38% | -2.83% |
| 1986 | 1.01% | 8.22% | -4.57% | 7.81% |
| 1987 | -3.13% | -4.14% | -8.45% | -3.88% |
| 1988 | 6.6% | 9.73% | 1.08% | 9.53% |
| 1989 | 0.42% | -6.18% | -4.53% | -5.61% |
| 1990 | 9.43% | 9.01% | 4.16% | 8.69% |
| 1991 | 8.22% | -1.21% | 3.18% | -0.98% |
| 1992 | 4.58% | -3.64% | -0.13% | -3.31% |
| 1993 | 0.38% | -4.20% | -3.97% | -3.84% |
| 1994 | 0.95% | 0.57% | -3.28% | 0.69% |
| 1995 | 0.31% | -0.64% | -3.76% | -0.48% |
| 1996 | 3.3% | 2.99% | -0.74% | 3.02% |
| 1997 | 2.65% | -0.65% | -1.24% | -0.50% |
| 1998 | 2.8% | 0.15% | -0.97% | 0.27% |
| 1999 | -0.63% | -3.43% | -4.16% | -3.19% |
| 2000 | 4.72% | 5.35% | 0.15% | 4.31% |
| 2001 | 0.34% | -4.38% | -4.74% | -4.89% |
| 2002 | -0.69% | -1.03% | -5.51% | -0.77% |
| 2003 | 8.77% | 9.46% | 3.7% | 9.21% |
| 2004 | 8.63% | -0.14% | 3.76% | 0.06% |
| 2005 | 5.94% | -2.69% | 1.36% | -2.40% |
| 2006 | 3.31% | -2.63% | -1.02% | -2.38% |
| 2007 | 2.21% | -1.10% | -1.94% | -0.92% |
| 2008 | 6.24% | 4.03% | 2.04% | 3.98% |
| 2009 | -1.07% | -7.31% | -4.87% | -6.91% |
| 2010 | 5.04% | 6.11% | 6.09% | 10.96% |
| 2011 | 11.76% | 6.72% | 6.8% | 0.71% |
| 2012 | 5.76% | -6.00% | 1.41% | -5.39% |
| 2013 | 2.95% | -2.81% | -2.48% | -3.89% |
| 2014 | 4.02% | 1.07% | 1.51% | 3.99% |
| 2015 | 4.66% | 0.64% | -0.63% | -2.14% |
| 2016 | 1.7% | -2.96% | -2.03% | -1.40% |
| 2017 | 1.18% | -0.52% | 1.11% | 3.14% |
| 2018 | 3.23% | 2.05% | 5.9% | 4.79% |
| 2019 | 1.65% | -1.58% | 2.1% | -3.80% |
| 2020 | -3.8% | -5.45% | -8.34% | -10.44% |
| 2021 | 6.52% | 10.32% | 9.18% | 17.52% |
| 2022 | 12% | 5.48% | 7.16% | -2.02% |
| 2023 | 0.54% | -11.46% | -4.01% | -11.17% |
| 2024 | 2% | 1.46% | -2.62% | 1.39% |