Saudi Arabia Services Value Added (% of GDP) (2024)
Saudi Arabia's Services Value Added (% of GDP): 47.1 % of GDP in 2024, +2.3pp YoY. World Bank (NV.SRV.TOTL.ZS), 1990–2024.
Saudi Arabia (2024)
47.1
% of GDP
+2.3pp YoY
YoY Change
+2.3pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 47.1 | +2.3pp |
| 2023 | 44.8 | +4.6pp |
| 2022 | 40.2 | -5.6pp |
| 2021 | 45.8 | -8.8pp |
| 2020 | 54.6 | +5.5pp |
| 2019 | 49.1 | +3pp |
| 2018 | 46 | -5.4pp |
| 2017 | 51.4 | -2.1pp |
| 2016 | 53.6 | +1.9pp |
| 2015 | 51.7 | +10.9pp |
| 2014 | 40.8 | +2.6pp |
| 2013 | 38.2 | +2.9pp |
| 2012 | 35.2 | +1.1pp |
| 2011 | 34.1 | -4.5pp |
| 2010 | 38.6 | -3.1pp |
| 2009 | 41.7 | +11.2pp |
| 2008 | 30.5 | -3.3pp |
| 2007 | 33.8 | +0pp |
| 2006 | 33.8 | -0.5pp |
| 2005 | 34.3 | n/a |
About this Dataset
Saudi Arabia recorded 47.1 % of GDP in 2024. The most recent year-on-year change was +2.3pp. The historical series (1990–2024) shows a peak of 54.6 in 2020 and a trough of 30.5 in 2008.
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 services value added (% of gdp) 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. Data is updated annual.
The series peaked at 54.6 % of GDP in 2020 and reached its lowest recorded value of 30.5 in 2008. The latest reading of 47.1 in 2024 represents a year-on-year change of +2.3pp.