Saudi Arabia Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Saudi Arabia Forecast: Real GDP Growth

  • Saudi Arabia Real GDP Growth is forecasted to be 7.602 % in Dec 2022 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 3.241 % in Dec 2021.
  • Looking ahead, Saudi Arabia Real GDP Growth is projected to stand at 2.761 % in Dec 2027.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Saudi Arabia's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

Saudi Arabia Forecast: Real GDP Growth

What is Saudi Arabia's Forecast: Real GDP Growth in 2027?

Saudi Arabia Real GDP Growth is forecasted to be 7.602 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.761 2027 2.705 2026 -20.730 1982 17.013 1986 % yearly 1980 - 2027

Forecast: Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) -2.351 2020 yearly 2003 - 2020
Albania (%) 3.400 2027 yearly 1980 - 2027
Algeria (%) 1.812 2027 yearly 1980 - 2027
Andorra (%) 1.500 2027 yearly 2001 - 2027
Angola (%) 3.940 2027 yearly 1980 - 2027
Antigua and Barbuda (%) 2.703 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2027 yearly 1993 - 2027
Aruba (%) 1.400 2027 yearly 1987 - 2027
Australia (%) 2.585 2027 yearly 1980 - 2027
Austria (%) 1.780 2027 yearly 1980 - 2027
Azerbaijan (%) 2.493 2027 yearly 1993 - 2027
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 3.050 2027 yearly 1980 - 2027
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.574 2027 yearly 1993 - 2027
Belgium (%) 1.198 2027 yearly 1980 - 2027
Belize (%) 2.000 2027 yearly 1980 - 2027
Benin (%) 6.028 2027 yearly 1980 - 2027
Bhutan (%) 5.762 2027 yearly 1980 - 2027
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2027 yearly 1997 - 2027
Botswana (%) 3.986 2027 yearly 1980 - 2027
Brazil (%) 2.040 2027 yearly 1980 - 2027
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2027 yearly 1980 - 2027
Burkina Faso (%) 5.305 2027 yearly 1980 - 2027
Burundi (%) 4.519 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 5.164 2027 yearly 1980 - 2027
Canada (%) 1.631 2027 yearly 1980 - 2027
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 4.664 2027 yearly 1980 - 2027
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 4.784 2027 yearly 1980 - 2027
Colombia (%) 3.445 2027 yearly 1980 - 2027
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.370 2027 yearly 1980 - 2027
Costa Rica (%) 3.160 2027 yearly 1980 - 2027
Croatia (%) 3.000 2027 yearly 1993 - 2027
Cyprus (%) 2.930 2027 yearly 1980 - 2027
Czech Republic (%) 2.505 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.632 2027 yearly 1980 - 2027
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 6.000 2027 yearly 1992 - 2027
Dominica (%) 2.489 2027 yearly 1980 - 2027
Dominican Republic (%) 5.000 2027 yearly 1980 - 2027
Ecuador (%) 2.797 2027 yearly 1980 - 2027
Egypt (%) 5.904 2027 yearly 1980 - 2027
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 3.752 2027 yearly 1993 - 2027
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.990 2027 yearly 1980 - 2027
Fiji (%) 3.413 2027 yearly 1980 - 2027
Finland (%) 1.265 2027 yearly 1980 - 2027
France (%) 1.412 2027 yearly 1980 - 2027
Gabon (%) 3.823 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.200 2027 yearly 1995 - 2027
Germany (%) 1.134 2027 yearly 1980 - 2027
Ghana (%) 7.485 2027 yearly 1980 - 2027
Greece (%) 1.201 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.503 2027 yearly 1980 - 2027
Guinea (%) 5.107 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.748 2027 yearly 1980 - 2027
Haiti (%) 1.700 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 2.700 2027 yearly 1980 - 2027
Iceland (%) 2.299 2027 yearly 1980 - 2027
India (%) 6.168 2028 yearly 1981 - 2028
Indonesia (%) 5.177 2027 yearly 1980 - 2027
Iran (%) 2.025 2028 yearly 1981 - 2028
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.030 2027 yearly 1980 - 2027
Israel (%) 3.515 2027 yearly 1980 - 2027
Italy (%) 0.500 2027 yearly 1980 - 2027
Ivory Coast (%) 6.000 2027 yearly 1980 - 2027
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.398 2027 yearly 1980 - 2027
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 3.084 2027 yearly 1993 - 2027
Kenya (%) 5.424 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.284 2027 yearly 1980 - 2027
Kosovo (%) 3.500 2027 yearly 2001 - 2027
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 4.041 2027 yearly 1993 - 2027
Laos (%) 4.300 2027 yearly 1980 - 2027
Latvia (%) 3.260 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 0.122 2028 yearly 1981 - 2028
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Saudi Arabia Key Series

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Includes 210 key indicators for Saudi Arabia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -11.2 2020 yearly 1969 - 2020
Consolidated Fiscal Balance (USD mn) -19,585.887 2021 yearly 1969 - 2021
National Government Debt (USD mn) 250,136.1 2021 yearly 2004 - 2021
Government Debt: % of GDP (%) 30.0 Dec 2021 quarterly Dec 2016 - Dec 2021
Forecast: Government Expenditure (SAR bn) 1,124.258 2027 yearly 1990 - 2027
Forecast: Government Net Debt (SAR bn) 938.404 2027 yearly 1991 - 2027
Forecast: Government Revenue (SAR bn) 1,314.578 2027 yearly 1991 - 2027
Public Debt (SAR mn) 108,753.650 2021 yearly 2004 - 2021
SA: Revenue: Social Contributions (SAR mn) 0.000 2019 yearly 2010 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.504 2027 yearly 1980 - 2027
Trade Balance (USD mn) 123,329.7 2021 yearly 1957 - 2021
Total Exports (USD mn) 36,565.2 Apr 2022 monthly May 2016 - Apr 2022
Total Exports Growth (%) 91.2 Apr 2022 monthly May 2017 - Apr 2022
Aluminum: Exports (USD th) 1,435,718.499 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 382,032.719 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 23,574.476 2020 yearly 1995 - 2020
Total Imports (USD mn) 14,739.8 Apr 2022 monthly Jan 2005 - Apr 2022
Total Imports Growth (%) 10.6 Apr 2022 monthly Jan 2006 - Apr 2022
Imports: Medicament (USD th) 4,160,337.076 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 1,226,033.785 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 2,261.046 Apr 2022 monthly Jan 2017 - Apr 2022
Total Imports from USA (USD mn) 1,452.861 Apr 2022 monthly Jan 2005 - Apr 2022
Total Exports to China (USD mn) 6,238.974 Apr 2022 monthly Jan 2017 - Apr 2022
Total Imports from China (USD mn) 2,922.385 Apr 2022 monthly Jan 1981 - Apr 2022
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
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: ow USA (SAR mn) 8,478.922 Apr 2022 monthly Jan 2017 - Apr 2022
Exports: South Korea (SAR mn) 12,004.202 Apr 2022 monthly Jan 2019 - Apr 2022
Exports: ow China (SAR mn) 23,396.151 Apr 2022 monthly Jan 2017 - Apr 2022
Exports: India (SAR mn) 14,534.254 Apr 2022 monthly Jan 2019 - Apr 2022
Exports: Value: Asia: South Korea (SAR mn) 87,342.183 2021 yearly 1984 - 2021
Exports: Value: Asia: China Mainland (SAR mn) 190,911.169 2021 yearly 1984 - 2021
Exports: Value: Asia: India (SAR mn) 99,965.866 2021 yearly 1984 - 2021
Exports: Value: North America: USA (SAR mn) 53,516.853 2021 yearly 1984 - 2021
Exports: Value: Asia: Japan (SAR mn) 102,598.276 2021 yearly 1984 - 2021
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 20,438.683 2021 yearly 1970 - 2021
Imports: Harmonized System (HS): Value (SAR mn) 573,185.147 2021 yearly 1952 - 2021
Imports: HS: Value: Foodstuffs (SAR mn) 87,529.443 2021 yearly 1970 - 2021
Imports: HS: Value: Transport Equipment (SAR mn) 86,200.976 2021 yearly 1970 - 2021
Imports: HS: Value: MC: Mineral Products (SAR mn) 29,301.234 2021 yearly 1983 - 2021
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 14,433.571 2021 yearly 1970 - 2021
Imports: Value: European Union: Germany (SAR mn) 28,092.772 2021 yearly 1984 - 2021
Imports: Value: North America: USA (SAR mn) 60,548.791 2021 yearly 1984 - 2021
Imports: Value: Asia: Japan (SAR mn) 22,732.339 2021 yearly 1984 - 2021
Imports: Value: Asia: South Korea (SAR mn) 12,898.789 2021 yearly 1984 - 2021
Imports: Value: Asia: China Mainland (SAR mn) 113,380.856 2021 yearly 1984 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,532.2 Mar 2022 quarterly Mar 2006 - Mar 2022
Current Account Balance (USD mn) 37,410.8 Mar 2022 quarterly Mar 2006 - Mar 2022
Current Account Balance: % of GDP (%) 14.8 Mar 2022 quarterly Mar 2006 - Mar 2022
Foreign Direct Investment (USD mn) 1,965.2 Mar 2022 quarterly Mar 2006 - Mar 2022
Foreign Direct Investment: % of GDP (%) 0.8 Mar 2022 quarterly Mar 2006 - Mar 2022
Foreign Portfolio Investment (USD mn) 7,540.155 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 3.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Forecast: Current Account Balance (USD bn) 50.530 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 595,682.291 2021 yearly 2007 - 2021
BoP: USD: FA: Other Investment: Assets (USD mn) 29,378.216 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Other Investment: Liabilities (USD mn) -10,867.261 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 97,566.310 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 4,532.577 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Other Investment (USD mn) 40,245.477 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 7,540.155 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: USD: Financial Account (FA) (USD mn) 34,228.979 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Direct Investment (USD mn) -432.980 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Goods & Services: Goods (USD mn) 58,975.978 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Secondary Income (USD mn) -11,922.887 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: Errors and Omissions (USD mn) -2,705.926 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Primary Income: Credit (USD mn) 5,276.948 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Primary Income (USD mn) 2,378.909 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 5,967.139 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Portfolio Investment (USD mn) -1,573.015 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 38,590.332 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Direct Investment: Assets (USD mn) 1,532.233 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 16,553.746 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: FA: Reserve Assets (USD mn) -4,010.503 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Primary Income: Debit (USD mn) 2,898.039 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: USD: CA: Goods & Services: Services (USD mn) -12,021.169 Mar 2022 quarterly Mar 2006 - Mar 2022
International Investment Position (IIP) (SAR mn) 2,233,808.591 2021 yearly 2007 - 2021
IIP: Assets (SAR mn) 4,649,067.400 2021 yearly 2007 - 2021
IIP: Liabilities (SAR mn) 2,415,258.808 2021 yearly 2007 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.0 Sep 2021 quarterly Mar 2009 - Sep 2021
Household Debt: % of GDP (%) 14.3 Dec 2021 quarterly Dec 2003 - Dec 2021
Money Supply M1 (USD mn) 418,598.350 May 2022 monthly Jan 1993 - May 2022
Money Supply M2 (USD mn) 556,579.309 May 2022 monthly Jan 1993 - May 2022
M2 Growth (%) 5.6 May 2022 monthly Jan 1994 - May 2022
Reserve Requirement Ratio (%) 7.0 Jun 2022 monthly Mar 1980 - Jun 2022
Foreign Exchange Reserves (USD mn) 426,559.1 May 2022 monthly Jan 2001 - May 2022
Foreign Exchange Reserves: % of GDP (%) 47.588 Mar 2022 quarterly Dec 2003 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 33.7 2021 yearly 1957 - 2021
Gold Reserves (USD mn) 432.945 May 2022 monthly Dec 1957 - May 2022
Total Deposits (USD mn) 580,903.901 May 2022 monthly Jan 1993 - May 2022
Total Deposits Growth (%) 8.9 May 2022 monthly Jan 1994 - May 2022
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) 133.110 Dec 2021 quarterly Mar 1998 - Dec 2021
Credit to Private Non-Financial Sector (USD bn) 691.458 Dec 2021 quarterly Mar 1993 - Dec 2021
Household Debt (USD mn) 119,437.7 Dec 2021 quarterly Mar 1998 - Dec 2021
Total Loans (USD mn) 584,771.223 May 2022 monthly Jan 1997 - May 2022
Total Loans Growth (%) 14.06 May 2022 monthly Jan 1998 - May 2022
Private Debt: % of Nominal GDP (%) 59.52 Mar 2022 quarterly Dec 2003 - Mar 2022
Base Money (SAR mn) 365,405.449 May 2022 monthly Jan 2000 - May 2022
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,384,965.110 May 2022 monthly Jan 1993 - May 2022
Money Supply: M3: M2: M1 (SAR mn) 1,569,743.814 May 2022 monthly Jan 1993 - May 2022
Money Supply: M3: M2 (SAR mn) 2,087,172.409 May 2022 monthly Jan 1993 - May 2022
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 514,687.493 May 2022 monthly Jan 2001 - May 2022
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets (SAR mn) 1,693,802.841 May 2022 monthly Jan 2001 - May 2022
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,187,373.006 May 2022 monthly Jan 1993 - May 2022
Banks Deposits (SAR mn) 2,178,389.627 May 2022 monthly Jan 1993 - May 2022
Bank Loans: Consumer (SAR mn) 428,397.085 Dec 2021 quarterly Mar 1998 - Dec 2021

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