Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price

1970 - 2023 | Yearly | USD mn | World Bank

Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price data was reported at 1,009.516 USD bn in 2023. This records a decrease from the previous number of 1,057.621 USD bn for 2022. Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 161.341 USD bn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 1,057.621 USD bn in 2022 and a record low of 5.314 USD bn in 1970. Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price 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 basic prices (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 basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

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Saudi Arabia Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price

What was Saudi Arabia's Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price in 2023?

Last	Previous	Min	Max	Unit	Frequency	Range
1,009,515.733 2023	1,057,621.067 2022	5,313.778 1970	1,057,621.067 2022	USD mn	yearly	1970 - 2023

Related Indicators for Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price

Related indicators	Last	Frequency	Range
Saudi Arabia SA: GDP: USD: Gross Value Added at Basic Price (USD mn)	1,009,515.733 2023	yearly	1970 - 2023
Saudi Arabia SA: GDP: Net Taxes on Product (SAR mn)	18,679.000 2018	yearly	1970 - 2018
Saudi Arabia SA: GDP: USD: Net Taxes on Product (USD mn)	4,981.067 2018	yearly	1970 - 2018
Saudi Arabia SA: GDP: USD: Gross Value Added at Factor Cost (USD mn)	781,360.399 2018	yearly	1970 - 2018
Saudi Arabia SA: GDP: Gross Value Added at Factor Cost (SAR mn)	2,930,101.496 2018	yearly	1970 - 2018
Saudi Arabia SA: Gross National Income: Linked Series (SAR mn)	4,025,319.000 2023	yearly	1990 - 2023
Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Link... (SAR mn)	1,599,593.000 2023	yearly	1990 - 2023
Saudi Arabia SA: GDP: Linked Series (SAR mn)	4,003,436.000 2023	yearly	1990 - 2023
Saudi Arabia SA: GDP: Gross Value Added at Basic Prices (SAR mn)	3,785,684.000 2023	yearly	1970 - 2023

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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)	74,596.505 Sep 2024	quarterly	Mar 2003 - Sep 2024
Gross National Product (GNP) (USD mn)	189,344.451 Dec 2020	quarterly	Mar 2015 - Dec 2020
Gross Savings Rate (%)	33.2 Sep 2024	quarterly	Mar 2003 - Sep 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 (%)	1.031 Sep 2024	quarterly	Mar 2004 - Sep 2024
Private Consumption Expenditure (USD mn)	114,986.318 Sep 2024	quarterly	Mar 2003 - Sep 2024
Private Consumption: % of GDP (%)	42.8 Sep 2024	quarterly	Mar 2003 - Sep 2024
Public Consumption Expenditure (USD mn)	64,301.050 Sep 2024	quarterly	Mar 2003 - Sep 2024
Public Consumption: % of GDP (%)	23.9 Sep 2024	quarterly	Mar 2003 - Sep 2024
Real GDP Growth (%)	-3.7 Dec 2023	quarterly	Mar 2011 - Dec 2023
Total Trade of Goods & Services: % of Nominal GDP (%)	61.513 Sep 2024	quarterly	Mar 2003 - Sep 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 (%)	28.5 Sep 2024	quarterly	Dec 2016 - Sep 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

More Indicators for Saudi Arabia

Indicators	Last	Frequency	Range
Saudi Arabia GDP: 2010p: Import Duties (SAR mn)	25,745.805 Sep 2023	quarterly	Mar 2010 - Sep 2023
Saudi Arabia Bank Loans: Consumer (SAR mn)	452,321.357 Jun 2024	quarterly	Mar 1998 - Jun 2024
Saudi Arabia Unemployment Rate: Extended History (%)	5.700 2019	yearly	1991 - 2019
Saudi Arabia Base Money (SAR mn)	404,644.104 Nov 2024	monthly	Jan 2000 - Nov 2024
Saudi Arabia GDP: Producer Values: Mining and Quarrying: Crude Oil and Natural G... (SAR mn)	183,627.02 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Mining and Quarrying: Others (SAR mn)	3,468.45 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Manufacturing: Oil Refining (SAR mn)	21,919.30 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Manufacturing: Others (SAR mn)	69,853.53 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Finance, Insurance, Real Estate and Business ... (SAR mn)	51,933.39 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Finance, Insurance, Real Estate and Business ... (SAR mn)	35,466.04 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Non Oil Sector (SAR mn)	476,544.11 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Non Oil Sector: Private (SAR mn)	322,164.73 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Non Oil Sector: Public (SAR mn)	154,379.38 Mar 2018	quarterly	Mar 2003 - Mar 2018
Saudi Arabia GDP: Producer Values: Finance, Insurance, Real Estate and Business ... (SAR mn)	332,281.31 2017	yearly	1968 - 2017
Saudi Arabia GDP: Producer Values: BS: Ownership of Dwellings (SAR mn)	195,005.15 2017	yearly	1968 - 2017
Saudi Arabia GDP: Producer Values: BS: Others (SAR mn)	137,276.16 2017	yearly	1968 - 2017
Saudi Arabia GDP: Producer Values: Less Imputed Bank Services Charge (SAR mn)	22,826.06 2017	yearly	1968 - 2017
Saudi Arabia GDP: Producer Values (SAR mn)	2,538,013.20 2017	yearly	1968 - 2017
Saudi Arabia Gross Domestic Product (GDP): 1999p (SAR mn)	1,274,313.74 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Agriculture, Forestry and Fishing (SAR mn)	41,859.87 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Mining and Quarrying (SAR mn)	240,096.40 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Mining and Quarrying: Crude Oil and Na... (SAR mn)	232,564.55 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Mining and Quarrying: Others (SAR mn)	7,531.85 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Manufacturing (SAR mn)	171,735.37 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Manufacturing: Oil Refining (SAR mn)	21,431.77 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Manufacturing: Others (SAR mn)	150,303.61 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Electricity, Gas and Water (SAR mn)	29,984.71 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Building and Construction (SAR mn)	94,929.35 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Wholesale, Retail Trade, Restaurants a... (SAR mn)	162,410.38 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Transport, Storage and Communication (SAR mn)	124,622.81 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Finance, Insurance, Real Estate and Bu... (SAR mn)	183,251.66 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: BS: Ownership of Dwellings (SAR mn)	91,721.51 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: BS: Others (SAR mn)	91,530.16 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Community, Social and Personal Service... (SAR mn)	40,159.82 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Less Imputed Bank Services Charge (SAR mn)	16,847.97 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Government Services (SAR mn)	190,554.24 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Producer Values (SAR mn)	1,262,756.65 2013	yearly	1968 - 2013
Saudi Arabia GDP: 1999p: Import Duties (SAR mn)	11,557.10 2013	yearly	1968 - 2013
Saudi Arabia GDP: Gross Fixed Capital Formation: Non Oil: Private (SAR mn)	367,112.41 2016	yearly	1969 - 2016
Saudi Arabia GDP: Gross Fixed Capital Formation: Non Oil: Government (SAR mn)	193,866.69 2016	yearly	1969 - 2016
Saudi Arabia GDP: Gross Fixed Capital Formation: Oil (SAR mn)	79,964.06 2016	yearly	1969 - 2016
Saudi Arabia GDP: Consumption Expenditure: Government: General Public Service (SAR mn)	128,032.17 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Defence (SAR mn)	159,635.21 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Education (SAR mn)	211,715.72 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Health (SAR mn)	101,058.86 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Social Security and Welfa... (SAR mn)	4,215.87 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Housing and Community Ame... (SAR mn)	38,092.75 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Other Community and Socia... (SAR mn)	14,722.35 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Economic Services (SAR mn)	22,376.80 2015	yearly	1969 - 2015
Saudi Arabia GDP: Consumption Expenditure: Government: Others (SAR mn)	56,289.33 2015	yearly	1969 - 2015
Saudi Arabia GDP: 1999p: Consumption Expenditure (SAR mn)	1,049,861.35 2013	yearly	1969 - 2013
Saudi Arabia GDP: 1999p: Consumption Expenditure: Private (SAR mn)	615,839.35 2013	yearly	1969 - 2013
Saudi Arabia GDP: 1999p: Consumption Expenditure: Government (SAR mn)	434,022.00 2013	yearly	1969 - 2013
Saudi Arabia GDP: 1999p: Change in Stocks (SAR mn)	47,288.22 2013	yearly	1969 - 2013
Saudi Arabia GDP: 1999p: Gross Fixed Capital Formation (SAR mn)	465,675.34 2013	yearly	1969 - 2013
Saudi Arabia GDP: 1999p: Exports of Goods and Services (SAR mn)	336,823.94 2013	yearly	1969 - 2013
Saudi Arabia GDP: 1999p: Imports of Goods and Services (SAR mn)	625,334.48 2013	yearly	1969 - 2013
Saudi Arabia GDP: Producer Values: Oil (SAR mn)	705,865.55 2017	yearly	1970 - 2017
Saudi Arabia GDP: Producer Values: Non Oil (SAR mn)	1,832,147.65 2017	yearly	1970 - 2017
Saudi Arabia GDP: Producer Values: Non Oil: Private (SAR mn)	1,236,636.11 2017	yearly	1970 - 2017
Saudi Arabia GDP: Producer Values: Non Oil: Government (SAR mn)	595,511.54 2017	yearly	1970 - 2017
Saudi Arabia GDP: 1999p: Producer Values: Oil (SAR mn)	259,397.63 2013	yearly	1970 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Non Oil (SAR mn)	1,003,359.02 2013	yearly	1970 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Non Oil: Private (SAR mn)	750,836.90 2013	yearly	1970 - 2013
Saudi Arabia GDP: 1999p: Producer Values: Non Oil: Government (SAR mn)	252,522.12 2013	yearly	1970 - 2013
Saudi Arabia GDP: Gross Fixed Capital Formation: Non Oil (SAR mn)	560,979.10 2016	yearly	1969 - 2016
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Non Oil (1994=100)	277.10 2008	yearly	1969 - 2008
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Construction (1994=100)	187.80 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Construction: Resi... (1994=100)	403.60 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Construction: Non ... (1994=100)	126.70 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Transport Equipmen... (1994=100)	440.60 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Machinery and Equi... (1994=100)	610.20 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p (1994=100)	169.30 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Import Duties (1994=100)	124.40 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values (1994=100)	170.00 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private (1994=100)	178.60 2008	yearly	1969 - 2008
Saudi Arabia GDP Index: 1999p: Producer Values: Oil (1994=100)	114.20 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil (1994=100)	198.20 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production (1994=100)	212.90 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Ag... (1994=100)	127.80 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Mi... (1994=100)	165.30 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Ma... (1994=100)	273.10 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Mf... (1994=100)	132.50 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Mf... (1994=100)	508.50 2011	yearly	1983 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Mf... (1994=100)	335.20 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: El... (1994=100)	267.30 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Production: Co... (1994=100)	204.60 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Services (1994=100)	190.90 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Services: Trad... (1994=100)	237.20 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Services: Tran... (1994=100)	245.60 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Services: Fina... (1994=100)	171.60 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Private: Services: Comm... (1994=100)	197.50 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Producer Values: Non Oil: Government: Services (1994=100)	168.50 2011	yearly	1969 - 2011
Saudi Arabia GDP Index: 1999p: Consumption Expenditure (1994=100)	208.40 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Consumption Expenditure: Private (1994=100)	193.60 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Consumption Expenditure: Government (1994=100)	236.10 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Change in Stocks (1994=100)	401.60 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation (1994=100)	311.10 2010	yearly	1969 - 2010
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Non Oil: Private (1994=100)	241.50 2008	yearly	1969 - 2008
Saudi Arabia GDP Index: 1999p: Gross Fixed Capital Formation: Non Oil: Governmen... (1994=100)	366.90 2008	yearly	1969 - 2008

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National Accounts

GDP: by Expenditure: 1999 Price GDP: by Expenditure: Current Price GDP: by Industry: 1999 Price: Annual GDP: by Industry: 2010 Price: Annual GDP: by Industry: Current Price: Annual GDP: Government Consumption Expenditure GDP Implicit Index: 1999=100 GDP Index: 1994=100: by Industry: 1999 Price Gross Domestic Product: Annual Growth Rate Gross Domestic Product: Deflator and Volume Index: Annual Gross Domestic Product: Purchasing Power Parity Gross Domestic Product: Share of GDP

Contribution to GDP GDP: by Expenditure: 2010 Price GDP: by Expenditure: Current Price: Annual GDP: by Industry: 2010 Price GDP: by Industry: Current Price GDP Deflator: 1999=100 GDP Implicit Deflator Index: 2010=100 GDP Index: 1994=100: by Expenditure: 1999 Price GDP per Capita Gross Domestic Product: by Expenditure: Annual Gross Domestic Product: Nominal Gross Domestic Product: Real