Saudi Arabia SA: GDP: Gross Value Added at Factor Cost

1970 - 2018 | Yearly | SAR mn | World Bank

Saudi Arabia SA: GDP: Gross Value Added at Factor Cost data was reported at 2,930,101.496 SAR mn in 2018. This records an increase from the previous number of 2,558,820.416 SAR mn for 2017. Saudi Arabia SA: GDP: Gross Value Added at Factor Cost data is updated yearly, averaging 540,395.118 SAR mn from Dec 1970 (Median) to 2018, with 49 observations. The data reached an all-time high of 2,930,101.496 SAR mn in 2018 and a record low of 23,911.710 SAR mn in 1970. Saudi Arabia SA: GDP: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

View Saudi Arabia's Saudi Arabia SA: GDP: Gross Value Added at Factor Cost from 1970 to 2018 in the chart:

Saudi Arabia Saudi Arabia SA: GDP: Gross Value Added at Factor Cost

What was Saudi Arabia's Saudi Arabia SA: GDP: Gross Value Added at Factor Cost in 2018?

Last Previous Min Max Unit Frequency Range
2,930,101.496 2018 2,558,820.416 2017 23,911.710 1970 2,930,101.496 2018 SAR mn yearly 1970 - 2018

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Saudi Arabia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 65,847.120 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 27,950.040 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.022 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 7.6 Dec 2022 quarterly Mar 2011 - Dec 2022
GDP per Capita (USD) 34,441.065 2022 yearly 1963 - 2022
Gross Fixed Capital Formation (USD mn) 78,944.295 Jun 2024 quarterly Mar 2003 - Jun 2024
Gross National Product (GNP) (USD mn) 189,344.451 Dec 2020 quarterly Mar 2015 - Dec 2020
Gross Savings Rate (%) 36.1 Jun 2024 quarterly Mar 2003 - Jun 2024
Investment: % of GDP (%) 26.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Nominal GDP (USD mn) 272,995.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Nominal GDP Growth (%) 4.510 Jun 2024 quarterly Mar 2004 - Jun 2024
Private Consumption Expenditure (USD mn) 109,754.070 Jun 2024 quarterly Mar 2003 - Jun 2024
Private Consumption: % of GDP (%) 40.2 Jun 2024 quarterly Mar 2003 - Jun 2024
Public Consumption Expenditure (USD mn) 64,500.904 Jun 2024 quarterly Mar 2003 - Jun 2024
Public Consumption: % of GDP (%) 23.7 Jun 2024 quarterly Mar 2003 - Jun 2024
Real GDP Growth (%) -3.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 60.972 Jun 2024 quarterly Mar 2003 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 5,000.000 2016 yearly 1990 - 2016
Industrial Production Index Growth (%) -10.5 Dec 2023 monthly Jan 2019 - Dec 2023
Minerals Production (Metric Ton) 697,561,533.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 9.720 2016 yearly 1990 - 2016
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
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
Government Debt: % of GDP (%) 28.4 Jun 2024 quarterly Dec 2016 - Jun 2024
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 16,864,059.000 Jun 2024 quarterly Mar 2015 - Jun 2024
Forecast: Population (Person mn) 39.183 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.775 2023 yearly 1999 - 2023
Labour Force Participation Rate (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Labour Productivity Growth (%) -3.93 2022 yearly 1971 - 2022
Monthly Earnings (USD) 754 2018 yearly 1995 - 2018
Population (Person mn) 32.2 2022 yearly 1950 - 2022
Unemployment Rate (%) 3.32 Jun 2024 quarterly Mar 2012 - Jun 2024
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 113,068.000 2023 yearly 2005 - 2023
Motor Vehicle Sales: Passenger Cars (Unit) 645,723.000 2023 yearly 2005 - 2023
Motor Vehicles Sales (Unit) 758,791 2023 yearly 2005 - 2023
Motor Vehicles Sales Growth (%) 23.1 2023 yearly 2006 - 2023

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