Saudi Arabia Forecast: Unemployment Rate
1999 - 2023 | Yearly | % | International Monetary Fund
Key information about Saudi Arabia Unemployment Rate Forecast
- Saudi Arabia Unemployment Rate is forecasted to be 3.775 % in Dec 2023 as reported by International Monetary Fund
- It records a decrease from the last reported number of 3.775 % in Dec 2023
- Looking ahead, Saudi Arabia Unemployment Rate is projected to stand at 3.775 % in Dec 2023
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Saudi Arabia's Forecast: Unemployment Rate from 1999 to 2023 in the chart:
What is Saudi Arabia's Forecast: Unemployment Rate in 2023?
Saudi Arabia Unemployment Rate is forecasted to be 3.775 % in Dec 2023 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.775 2023 | 4.875 2022 | 3.775 2023 | 7.650 2020 | % | yearly | 1999 - 2023 |
Forecast: Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 10.700 2029 | yearly | 1980 - 2029 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.550 2029 | yearly | 2010 - 2029 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2029 | yearly | 1980 - 2029 |
| Armenia (%) | 14.000 2029 | yearly | 2001 - 2029 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.524 2029 | yearly | 1980 - 2029 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.098 2029 | yearly | 2000 - 2029 |
| Bahamas (%) | 9.500 2029 | yearly | 1986 - 2029 |
| Bahrain (%) | 6.300 2023 | yearly | 2007 - 2023 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 7.677 2029 | yearly | 1981 - 2029 |
| Belarus (%) | 2.898 2029 | yearly | 1993 - 2029 |
| Belgium (%) | 5.700 2029 | yearly | 1980 - 2029 |
| Belize (%) | 3.400 2029 | yearly | 1990 - 2029 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.200 2029 | yearly | 2000 - 2029 |
| Bosnia and Herzegovina (%) | 13.200 2029 | yearly | 1995 - 2029 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.482 2029 | yearly | 1991 - 2029 |
| Brunei (%) | 4.900 2029 | yearly | 2011 - 2029 |
| Bulgaria (%) | 4.000 2029 | yearly | 1989 - 2029 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.960 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 8.500 2029 | yearly | 1980 - 2029 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2029 | yearly | 1980 - 2029 |
| China (%) | 5.100 2029 | yearly | 2017 - 2029 |
| Colombia (%) | 9.400 2029 | yearly | 1980 - 2029 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.466 2029 | yearly | 1991 - 2029 |
| Cyprus (%) | 4.979 2029 | yearly | 1982 - 2029 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2029 | yearly | 1991 - 2029 |
| Ecuador (%) | 3.500 2029 | yearly | 1988 - 2029 |
| Egypt (%) | 5.502 2029 | yearly | 1990 - 2029 |
| El Salvador (%) | 5.216 2029 | yearly | 1988 - 2029 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.508 2029 | yearly | 1993 - 2029 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2029 | yearly | 1986 - 2029 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 14.500 2029 | yearly | 1996 - 2029 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 8.000 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (%) | 2.669 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 3.689 2029 | yearly | 1980 - 2029 |
| Iceland (%) | 4.000 2029 | yearly | 1980 - 2029 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2029 | yearly | 1984 - 2029 |
| Iran (%) | 9.000 2029 | yearly | 1990 - 2029 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.900 2029 | yearly | 1980 - 2029 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 4.400 2023 | yearly | 1980 - 2023 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 21.975 2023 | yearly | 1984 - 2023 |
| Kazakhstan (%) | 4.775 2029 | yearly | 1994 - 2029 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.000 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 10.875 2023 | yearly | 2012 - 2023 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2029 | yearly | 1994 - 2029 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.286 2029 | yearly | 1992 - 2029 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doSaudi Arabia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Consolidated Fiscal Balance (USD mn) | -21,585.731 2023 | yearly | 1969 - 2023 |
| National Government Debt (USD mn) | 273,066.7 2023 | yearly | 2004 - 2023 |
| Government Debt: % of GDP (%) | 28.4 Jun 2024 | quarterly | Dec 2016 - Jun 2024 |
| Forecast: Government Expenditure (SAR bn) | 1,583.493 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (SAR bn) | 1,862.699 2029 | yearly | 1991 - 2029 |
| Forecast: Government Revenue (SAR bn) | 1,433.631 2029 | yearly | 1991 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.415 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
| Total Exports (USD mn) | 23,617.9 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
| Total Exports Growth (%) | -14.9 Sep 2024 | monthly | Jan 2016 - Sep 2024 |
| Aluminum: Exports (USD th) | 2,151,060.164 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 595,269.369 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 22,383.089 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 18,636.1 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Total Imports Growth (%) | 15.0 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Imports: Medicament (USD th) | 5,014,506.913 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,727,931.691 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 873.564 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Total Imports from USA (USD mn) | 1,439.718 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Total Exports to China (USD mn) | 3,710.522 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Total Imports from China (USD mn) | 4,799.619 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Exports: Value: Oil (SAR mn) | 68,943.34 Apr 2018 | monthly | May 2016 - Apr 2018 |
| Exports: Value: Crude Petroleum (SAR mn) | 513,181.000 2017 | yearly | 1953 - 2017 |
| Exports: Value: Non Oil (SAR mn) | 19,555.77 Apr 2018 | monthly | Jan 2005 - Apr 2018 |
| Exports: Value: Petroleum Products (SAR mn) | 125,222.000 2017 | yearly | 1970 - 2017 |
| Exports: ow USA (SAR mn) | 3,275.864 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: ow China (SAR mn) | 13,914.458 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: India (SAR mn) | 7,307.280 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: South Korea (SAR mn) | 6,875.260 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: Value: Asia: India (SAR mn) | 113,354.282 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: South Korea (SAR mn) | 107,208.022 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: Japan (SAR mn) | 121,831.325 2023 | yearly | 1984 - 2023 |
| Exports: Value: North America: USA (SAR mn) | 58,495.428 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: China Mainland (SAR mn) | 199,331.298 2023 | yearly | 1984 - 2023 |
| Imports: HS: Value: MC: Mineral Products (SAR mn) | 61,579.696 2023 | yearly | 1983 - 2023 |
| Imports: HS: Value: Foodstuffs (SAR mn) | 105,681.247 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) | 17,249.487 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) | 33,637.828 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Transport Equipment (SAR mn) | 118,665.412 2023 | yearly | 1970 - 2023 |
| Imports: Value: Asia: South Korea (SAR mn) | 22,618.912 2023 | yearly | 1984 - 2023 |
| Imports: Value: European Union: Germany (SAR mn) | 34,218.595 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: Japan (SAR mn) | 30,693.439 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: China Mainland (SAR mn) | 162,549.731 2023 | yearly | 1984 - 2023 |
| Imports: Value: North America: USA (SAR mn) | 70,584.316 2023 | yearly | 1984 - 2023 |
| Export Value Index (2015=100) | 135.681 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 87.505 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 115.814 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 104.491 2021 | yearly | 2000 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,428.0 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Current Account Balance (USD mn) | 4,324.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 1.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 3,115.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | 1.1 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 5,552.736 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 2.0 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Forecast: Current Account Balance (USD bn) | -37.538 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | 765,219.433 2023 | yearly | 2007 - 2023 |
| BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) | 639.030 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) | 2,295.466 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
| BoP: USD: FA: Other Investment (USD mn) | -21,939.380 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Other Investment: Assets (USD mn) | -11,779.491 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment: Assets (USD mn) | 16,373.149 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Secondary Income (USD mn) | -13,968.144 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) | 5,552.736 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| BoP: USD: FA: Other Investment: Liabilities (USD mn) | 10,159.889 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Services: Debit (USD mn) | 25,358.852 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: Errors and Omissions (USD mn) | -2,536.199 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: Financial Account (FA) (USD mn) | 668.122 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Reserve Assets (USD mn) | 12,474.564 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment (USD mn) | 10,820.414 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) | 52,073.982 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) | 78,847.952 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Primary Income: Credit (USD mn) | 8,962.458 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Primary Income: Debit (USD mn) | 8,161.358 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Primary Income (USD mn) | 801.100 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Services: Credit (USD mn) | 16,076.248 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Services (USD mn) | -9,282.605 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Direct Investment: Assets (USD mn) | 2,427.992 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Direct Investment (USD mn) | -687.475 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Goods (USD mn) | 26,773.970 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| IIP: Assets (SAR mn) | 5,362,114.700 2023 | yearly | 2007 - 2023 |
| International Investment Position (IIP) (SAR mn) | 2,869,572.875 2023 | yearly | 2007 - 2023 |
| IIP: Liabilities (SAR mn) | 2,492,541.825 2023 | yearly | 2007 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.4 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Household Debt: % of GDP (%) | 11.9 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Money Supply M1 (USD mn) | 440,661.196 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Money Supply M2 (USD mn) | 699,622.085 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| M2 Growth (%) | 11.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Reserve Requirement Ratio (%) | 7.0 Nov 2024 | monthly | Mar 1980 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 410,754.7 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 41.018 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 23.9 2023 | yearly | 1957 - 2023 |
| Gold Reserves (USD mn) | 432.934 Nov 2024 | monthly | Dec 1957 - Nov 2024 |
| Total Deposits (USD mn) | 722,426.186 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Total Deposits Growth (%) | 9.2 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Domestic Credit (USD mn) | 279,406.0 Feb 2018 | monthly | Oct 1983 - Feb 2018 |
| Domestic Credit Growth (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
| Credit to Households (USD bn) | 348.930 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 796.302 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Household Debt (USD mn) | 131,348.0 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Total Loans (USD mn) | 768,933.383 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Total Loans Growth (%) | 12.46 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 65.19 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Base Money (SAR mn) | 404,644.104 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) | 2,936,088.999 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Money Supply: M3: M2: M1 (SAR mn) | 1,652,479.487 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Money Supply: M3: M2 (SAR mn) | 2,623,582.819 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) | 522,620.717 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Official Reserve Assets (SAR mn) | 1,688,661.631 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Official Reserve Assets: Gold (SAR mn) | 1,623.503 Feb 2019 | monthly | Jan 2001 - Feb 2019 |
| Bank Loans: Consumer (SAR mn) | 452,321.357 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
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