Saudi Arabia - GDP

GDP (current US$)

The latest value for GDP (current US$) in Saudi Arabia was $700,118,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between $792,967,000,000 in 2019 and $4,187,778,000 in 1968.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 $4,187,778,000
1969 $4,485,777,000
1970 $5,377,269,000
1971 $7,184,863,000
1972 $9,664,068,000
1973 $14,947,490,000
1974 $45,412,970,000
1975 $46,773,310,000
1976 $64,005,620,000
1977 $74,188,370,000
1978 $80,265,730,000
1979 $111,860,000,000
1980 $164,542,000,000
1981 $184,292,000,000
1982 $153,239,000,000
1983 $129,172,000,000
1984 $119,625,000,000
1985 $103,898,000,000
1986 $86,962,010,000
1987 $85,695,940,000
1988 $88,256,160,000
1989 $95,344,350,000
1990 $117,630,000,000
1991 $132,223,000,000
1992 $137,088,000,000
1993 $132,968,000,000
1994 $135,175,000,000
1995 $143,343,000,000
1996 $158,662,000,000
1997 $165,964,000,000
1998 $146,775,000,000
1999 $161,717,000,000
2000 $189,515,000,000
2001 $184,137,000,000
2002 $189,606,000,000
2003 $215,808,000,000
2004 $258,742,000,000
2005 $328,460,000,000
2006 $376,900,000,000
2007 $415,965,000,000
2008 $519,797,000,000
2009 $429,098,000,000
2010 $528,207,000,000
2011 $671,239,000,000
2012 $735,975,000,000
2013 $746,647,000,000
2014 $756,350,000,000
2015 $654,270,000,000
2016 $644,936,000,000
2017 $688,586,000,000
2018 $786,522,000,000
2019 $792,967,000,000
2020 $700,118,000,000

GDP (current LCU)

The value for GDP (current LCU) in Saudi Arabia was 2,625,440,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 2,973,630,000,000 in 2019 and a minimum value of 18,845,000,000 in 1968.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 18,845,000,000
1969 20,186,000,000
1970 24,197,710,000
1971 32,237,040,000
1972 40,055,630,000
1973 55,404,370,000
1974 161,216,000,000
1975 164,530,000,000
1976 225,940,000,000
1977 261,521,000,000
1978 272,871,000,000
1979 375,938,000,000
1980 547,381,000,000
1981 623,367,000,000
1982 525,334,000,000
1983 446,288,000,000
1984 421,558,000,000
1985 376,318,000,000
1986 322,020,000,000
1987 320,931,000,000
1988 330,519,000,000
1989 357,065,000,000
1990 440,525,000,000
1991 495,176,000,000
1992 513,394,000,000
1993 497,965,000,000
1994 506,230,000,000
1995 536,820,000,000
1996 594,191,000,000
1997 621,534,000,000
1998 550,408,000,000
1999 606,439,000,000
2000 710,681,000,000
2001 690,516,000,000
2002 711,022,000,000
2003 809,279,000,000
2004 970,283,000,000
2005 1,230,770,000,000
2006 1,411,490,000,000
2007 1,558,830,000,000
2008 1,949,240,000,000
2009 1,609,120,000,000
2010 1,980,780,000,000
2011 2,517,150,000,000
2012 2,759,910,000,000
2013 2,799,930,000,000
2014 2,836,310,000,000
2015 2,453,510,000,000
2016 2,418,510,000,000
2017 2,582,200,000,000
2018 2,949,460,000,000
2019 2,973,630,000,000
2020 2,625,440,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Saudi Arabia was 2,625,440,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,973,630,000,000 in 2019 and 440,525,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 440,525,000,000
1991 495,176,000,000
1992 513,394,000,000
1993 497,965,000,000
1994 506,230,000,000
1995 536,820,000,000
1996 594,191,000,000
1997 621,534,000,000
1998 550,408,000,000
1999 606,439,000,000
2000 710,681,000,000
2001 690,516,000,000
2002 711,022,000,000
2003 809,279,000,000
2004 970,283,000,000
2005 1,230,770,000,000
2006 1,411,490,000,000
2007 1,558,830,000,000
2008 1,949,240,000,000
2009 1,609,120,000,000
2010 1,980,780,000,000
2011 2,517,150,000,000
2012 2,759,910,000,000
2013 2,799,930,000,000
2014 2,836,310,000,000
2015 2,453,510,000,000
2016 2,418,510,000,000
2017 2,582,200,000,000
2018 2,949,460,000,000
2019 2,973,630,000,000
2020 2,625,440,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Saudi Arabia was 650,715,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between 678,581,000,000 in 2019 and 74,023,320,000 in 1968.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 74,023,320,000
1969 78,492,760,000
1970 124,527,000,000
1971 150,070,000,000
1972 184,482,000,000
1973 229,072,000,000
1974 266,246,000,000
1975 242,474,000,000
1976 285,685,000,000
1977 305,950,000,000
1978 289,980,000,000
1979 324,544,000,000
1980 342,889,000,000
1981 349,551,000,000
1982 277,090,000,000
1983 232,613,000,000
1984 221,770,000,000
1985 200,048,000,000
1986 234,082,000,000
1987 218,557,000,000
1988 247,208,000,000
1989 245,965,000,000
1990 283,335,000,000
1991 325,858,000,000
1992 338,851,000,000
1993 334,230,000,000
1994 336,098,000,000
1995 336,810,000,000
1996 345,694,000,000
1997 349,509,000,000
1998 359,622,000,000
1999 346,088,000,000
2000 365,557,000,000
2001 361,131,000,000
2002 350,950,000,000
2003 390,404,000,000
2004 421,474,000,000
2005 444,967,000,000
2006 457,374,000,000
2007 465,822,000,000
2008 494,935,000,000
2009 484,743,000,000
2010 509,172,000,000
2011 560,073,000,000
2012 590,381,000,000
2013 606,317,000,000
2014 628,463,000,000
2015 654,270,000,000
2016 665,200,000,000
2017 660,268,000,000
2018 676,339,000,000
2019 678,581,000,000
2020 650,715,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Saudi Arabia was 2,531,410,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 2,639,810,000,000 in 2019 and a minimum value of 287,965,000,000 in 1968.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 287,965,000,000
1969 305,352,000,000
1970 484,433,000,000
1971 583,801,000,000
1972 717,670,000,000
1973 891,135,000,000
1974 1,035,750,000,000
1975 943,270,000,000
1976 1,111,370,000,000
1977 1,190,200,000,000
1978 1,128,080,000,000
1979 1,262,540,000,000
1980 1,333,900,000,000
1981 1,359,820,000,000
1982 1,077,930,000,000
1983 904,909,000,000
1984 862,727,000,000
1985 778,227,000,000
1986 910,625,000,000
1987 850,228,000,000
1988 961,687,000,000
1989 956,849,000,000
1990 1,102,230,000,000
1991 1,267,650,000,000
1992 1,318,200,000,000
1993 1,300,220,000,000
1994 1,307,480,000,000
1995 1,310,260,000,000
1996 1,344,810,000,000
1997 1,359,660,000,000
1998 1,399,000,000,000
1999 1,346,350,000,000
2000 1,422,090,000,000
2001 1,404,870,000,000
2002 1,365,260,000,000
2003 1,518,750,000,000
2004 1,639,620,000,000
2005 1,731,010,000,000
2006 1,779,270,000,000
2007 1,812,140,000,000
2008 1,925,390,000,000
2009 1,885,750,000,000
2010 1,980,780,000,000
2011 2,178,790,000,000
2012 2,296,700,000,000
2013 2,358,690,000,000
2014 2,444,840,000,000
2015 2,545,240,000,000
2016 2,587,760,000,000
2017 2,568,570,000,000
2018 2,631,090,000,000
2019 2,639,810,000,000
2020 2,531,410,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Saudi Arabia was 1,627,880,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,722,860,000,000 in 2014 and 520,573,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 520,573,000,000
1991 618,946,000,000
1992 658,295,000,000
1993 664,708,000,000
1994 682,696,000,000
1995 698,490,000,000
1996 730,038,000,000
1997 751,295,000,000
1998 781,733,000,000
1999 763,176,000,000
2000 824,128,000,000
2001 832,008,000,000
2002 821,342,000,000
2003 930,645,000,000
2004 1,031,760,000,000
2005 1,123,200,000,000
2006 1,189,460,000,000
2007 1,243,970,000,000
2008 1,347,420,000,000
2009 1,329,740,000,000
2010 1,413,020,000,000
2011 1,586,750,000,000
2012 1,672,470,000,000
2013 1,680,160,000,000
2014 1,722,860,000,000
2015 1,541,830,000,000
2016 1,475,670,000,000
2017 1,565,890,000,000
2018 1,642,520,000,000
2019 1,677,380,000,000
2020 1,627,880,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Saudi Arabia was 1,543,240,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,609,320,000,000 in 2019 and 671,958,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 671,958,000,000
1991 772,804,000,000
1992 803,620,000,000
1993 792,661,000,000
1994 797,089,000,000
1995 798,780,000,000
1996 819,847,000,000
1997 828,897,000,000
1998 852,880,000,000
1999 820,783,000,000
2000 866,956,000,000
2001 856,459,000,000
2002 832,314,000,000
2003 925,883,000,000
2004 999,569,000,000
2005 1,055,280,000,000
2006 1,084,710,000,000
2007 1,104,750,000,000
2008 1,173,790,000,000
2009 1,149,620,000,000
2010 1,207,550,000,000
2011 1,328,270,000,000
2012 1,400,150,000,000
2013 1,437,940,000,000
2014 1,490,460,000,000
2015 1,551,670,000,000
2016 1,577,590,000,000
2017 1,565,890,000,000
2018 1,604,010,000,000
2019 1,609,320,000,000
2020 1,543,240,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts