Saudi Arabia GDP Growth Rate (2024)
Saudi Arabia's GDP Growth Rate: 2 % annual change in 2024, +1.5pp YoY. World Bank (NY.GDP.MKTP.KD.ZG), 1990–2024.
Saudi Arabia (2024)
2
% annual change
+1.5pp YoY
YoY Change
+1.5pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % annual change | YoY Change |
|---|---|---|
| 2024 | 2 | +1.5pp |
| 2023 | 0.5 | -11.5pp |
| 2022 | 12 | +5.5pp |
| 2021 | 6.5 | +10.3pp |
| 2020 | -3.8 | -5.5pp |
| 2019 | 1.7 | -1.6pp |
| 2018 | 3.2 | +2pp |
| 2017 | 1.2 | -0.5pp |
| 2016 | 1.7 | -3pp |
| 2015 | 4.7 | +0.6pp |
| 2014 | 4 | +1.1pp |
| 2013 | 2.9 | -2.8pp |
| 2012 | 5.8 | -6pp |
| 2011 | 11.8 | +6.7pp |
| 2010 | 5 | +6.1pp |
| 2009 | -1.1 | -7.3pp |
| 2008 | 6.2 | +4pp |
| 2007 | 2.2 | -1.1pp |
| 2006 | 3.3 | -2.6pp |
| 2005 | 5.9 | n/a |
About this Dataset
Saudi Arabia recorded 2 % annual change in 2024. The most recent year-on-year change was +1.5pp. The historical series (1990–2024) shows a peak of 12 in 2022 and a trough of -3.8 in 2020.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks saudi arabia gdp growth rate in Saudi Arabia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Updated annual.
The series peaked at 12 % annual change in 2022 and reached its lowest recorded value of -3.8 in 2020. The latest reading of 2 in 2024 represents a year-on-year change of +1.5pp.