Saudi Arabia Forecast: Unemployment Rate
1999 - 2024 | Yearly | % | International Monetary Fund
Key information about Saudi Arabia Unemployment Rate Forecast
- Saudi Arabia Unemployment Rate is forecasted to be 3.500 % in Dec 2024 as reported by International Monetary Fund
- It records a decrease from the last reported number of 3.500 % in Dec 2024
- Looking ahead, Saudi Arabia Unemployment Rate is projected to stand at 3.500 % in Dec 2024
- 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 2024 in the chart:
What is Saudi Arabia's Forecast: Unemployment Rate in 2024?
Saudi Arabia Unemployment Rate is forecasted to be 3.500 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.500 2024 | 4.000 2023 | 3.500 2024 | 7.650 2020 | % | yearly | 1999 - 2024 |
Forecast: Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 8.800 2030 | yearly | 1980 - 2030 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 2.000 2030 | yearly | 2010 - 2030 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 6.000 2030 | yearly | 1980 - 2030 |
| Armenia (%) | 14.000 2030 | yearly | 2001 - 2030 |
| Aruba (%) | 4.823 2030 | yearly | 1986 - 2030 |
| Australia (%) | 4.452 2030 | yearly | 1980 - 2030 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.041 2030 | yearly | 2000 - 2030 |
| Bahamas (%) | 9.029 2030 | yearly | 1986 - 2030 |
| Bahrain (%) | 5.900 2024 | yearly | 2007 - 2024 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 7.675 2030 | yearly | 1981 - 2030 |
| Belarus (%) | 2.889 2030 | yearly | 1993 - 2030 |
| Belgium (%) | 5.800 2030 | yearly | 1980 - 2030 |
| Belize (%) | 2.600 2030 | yearly | 1990 - 2030 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.100 2026 | yearly | 2000 - 2026 |
| Bosnia and Herzegovina (%) | 13.200 2030 | yearly | 1995 - 2030 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.400 2030 | yearly | 1991 - 2030 |
| Brunei (%) | 4.900 2030 | yearly | 2011 - 2030 |
| Bulgaria (%) | 4.000 2030 | yearly | 1989 - 2030 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 6.007 2030 | yearly | 1980 - 2030 |
| Cape Verde (%) | 8.500 2030 | yearly | 1980 - 2030 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2030 | yearly | 1980 - 2030 |
| China (%) | 5.100 2030 | yearly | 2017 - 2030 |
| Colombia (%) | 9.400 2030 | yearly | 1980 - 2030 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 8.500 2030 | yearly | 1980 - 2030 |
| Croatia (%) | 5.244 2030 | yearly | 1991 - 2030 |
| Cyprus (%) | 4.962 2030 | yearly | 1982 - 2030 |
| 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 (%) | 5.000 2030 | yearly | 1991 - 2030 |
| Ecuador (%) | 3.500 2030 | yearly | 1988 - 2030 |
| Egypt (%) | 7.707 2030 | yearly | 1990 - 2030 |
| El Salvador (%) | 5.216 2030 | yearly | 1988 - 2030 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.539 2030 | yearly | 1993 - 2030 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2030 | yearly | 1986 - 2030 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 13.900 2030 | yearly | 1996 - 2030 |
| 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 2030 | yearly | 1980 - 2030 |
| Hong Kong SAR, China (%) | 2.910 2030 | yearly | 1980 - 2030 |
| Hungary (%) | 3.800 2030 | yearly | 1980 - 2030 |
| Iceland (%) | 4.000 2030 | yearly | 1980 - 2030 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.000 2030 | yearly | 1984 - 2030 |
| Iran (%) | 9.000 2030 | yearly | 1990 - 2030 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.933 2030 | yearly | 1980 - 2030 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 4.175 2024 | yearly | 1980 - 2024 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 21.975 2023 | yearly | 1984 - 2023 |
| Kazakhstan (%) | 4.407 2030 | yearly | 1994 - 2030 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 2.800 2030 | yearly | 1980 - 2030 |
| Kosovo (%) | 10.875 2023 | yearly | 2012 - 2023 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 3.983 2030 | yearly | 1994 - 2030 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.394 2030 | yearly | 1992 - 2030 |
| Lebanon (%) | 11.543 2023 | yearly | 1991 - 2023 |
| 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 (%) | -2.8 2024 | yearly | 1969 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -30,833.284 2024 | yearly | 1969 - 2024 |
| National Government Debt (USD mn) | 324,244.9 2024 | yearly | 2004 - 2024 |
| Government Debt: % of GDP (%) | 29.7 Jun 2025 | quarterly | Dec 2016 - Jun 2025 |
| Forecast: Government Expenditure (SAR bn) | 1,570.660 2030 | yearly | 1990 - 2030 |
| Forecast: Government Net Debt (SAR bn) | 2,434.591 2030 | yearly | 1991 - 2030 |
| Forecast: Government Revenue (SAR bn) | 1,369.127 2030 | yearly | 1991 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.415 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 72,543.2 2024 | yearly | 1957 - 2024 |
| Total Exports (USD mn) | 27,037.9 Sep 2025 | monthly | Jan 2015 - Sep 2025 |
| Total Exports Growth (%) | 14.0 Sep 2025 | monthly | Jan 2016 - Sep 2025 |
| Aluminum: Exports (USD th) | 1,915,621.520 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 671,571.662 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 35,252.915 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 20,106.0 Sep 2025 | monthly | Jan 2005 - Sep 2025 |
| Total Imports Growth (%) | 2.8 Sep 2025 | monthly | Jan 2006 - Sep 2025 |
| Imports: Medicament (USD th) | 5,819,315.215 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,075,289.073 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 916.927 Sep 2025 | monthly | Jan 2017 - Sep 2025 |
| Total Imports from USA (USD mn) | 1,803.140 Sep 2025 | monthly | Jan 2005 - Sep 2025 |
| Total Exports to China (USD mn) | 3,882.531 Sep 2025 | monthly | Jan 2017 - Sep 2025 |
| Total Imports from China (USD mn) | 5,661.327 Sep 2025 | monthly | Jan 1981 - Sep 2025 |
| Exports: Value: Crude Petroleum (SAR mn) | 513,181.000 2017 | yearly | 1953 - 2017 |
| Exports: Value: Petroleum Products (SAR mn) | 125,222.000 2017 | yearly | 1970 - 2017 |
| Exports: Value: Non Oil (SAR mn) | 19,555.77 Apr 2018 | monthly | Jan 2005 - Apr 2018 |
| Exports: Value: Oil (SAR mn) | 68,943.34 Apr 2018 | monthly | May 2016 - Apr 2018 |
| Exports: ow China (SAR mn) | 12,252.148 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: Value (SAR mn) | 94,298.971 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
| Exports: South Korea (SAR mn) | 9,808.619 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: ow USA (SAR mn) | 4,116.367 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: India (SAR mn) | 9,117.572 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: Value: North America: USA (SAR mn) | 58,495.428 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: Japan (SAR mn) | 121,831.325 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: India (SAR mn) | 113,354.282 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: China Mainland (SAR mn) | 199,331.298 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: South Korea (SAR mn) | 107,208.022 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: South Korea (SAR mn) | 22,618.912 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: Japan (SAR mn) | 30,693.439 2023 | yearly | 1984 - 2023 |
| Imports: Value: North America: USA (SAR mn) | 70,584.316 2023 | yearly | 1984 - 2023 |
| Imports: Value: European Union: Germany (SAR mn) | 34,218.595 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: China Mainland (SAR mn) | 162,549.731 2023 | yearly | 1984 - 2023 |
| Export Value Index (2015=100) | 135.681 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 115.814 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 87.505 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) | 2,674.7 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Current Account Balance (USD mn) | -14,396.8 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Current Account Balance: % of GDP (%) | -4.6 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 6,085.8 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 2.0 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 7,640.716 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.5 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Forecast: Current Account Balance (USD bn) | -47.154 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 780,877.427 2024 | yearly | 2007 - 2024 |
| BoP: USD: CA: Goods & Services: Services: Credit (USD mn) | 16,573.959 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) | 7,640.716 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| BoP: USD: Errors and Omissions (USD mn) | 1,509.358 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| BoP: USD: CA: Secondary Income (USD mn) | -13,383.060 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Services: Debit (USD mn) | 26,126.658 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Reserve Assets (USD mn) | -10,805.656 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Other Investment: Liabilities (USD mn) | 21,333.957 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Primary Income: Credit (USD mn) | 9,890.738 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Direct Investment (USD mn) | 490.518 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Other Investment: Assets (USD mn) | 3,644.042 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Primary Income (USD mn) | 1,139.594 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Portfolio Investment (USD mn) | 11,646.630 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Services (USD mn) | -16,011.717 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) | 73,942.498 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Other Investment (USD mn) | -17,689.915 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: Financial Account (FA) (USD mn) | -16,358.424 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) | 54,477.369 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Primary Income: Debit (USD mn) | 8,751.144 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Direct Investment: Assets (USD mn) | 4,746.140 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Goods (USD mn) | 19,465.129 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Portfolio Investment: Assets (USD mn) | 17,690.709 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| IIP: Liabilities (SAR mn) | 2,492,541.825 2023 | yearly | 2007 - 2023 |
| International Investment Position (IIP) (SAR mn) | 2,869,572.875 2023 | yearly | 2007 - 2023 |
| IIP: Assets (SAR mn) | 5,362,114.700 2023 | yearly | 2007 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Household Debt: % of GDP (%) | 10.7 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Money Supply M1 (USD mn) | 441,573.553 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Money Supply M2 (USD mn) | 751,073.852 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| M2 Growth (%) | 7.4 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Reserve Requirement Ratio (%) | 7.0 Oct 2025 | monthly | Mar 1980 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 417,090.6 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 34.661 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 21.3 2024 | yearly | 1957 - 2024 |
| Gold Reserves (USD mn) | 432.945 Oct 2025 | monthly | Dec 1957 - Oct 2025 |
| Total Deposits (USD mn) | 772,745.600 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Total Deposits Growth (%) | 7.0 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| 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) | 390.797 Mar 2025 | quarterly | Mar 1998 - Mar 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 934.426 Mar 2025 | quarterly | Mar 1993 - Mar 2025 |
| Household Debt (USD mn) | 135,984.3 Sep 2025 | quarterly | Mar 1998 - Sep 2025 |
| Total Loans (USD mn) | 873,364.195 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Total Loans Growth (%) | 13.58 Oct 2025 | monthly | Jan 1998 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 64.59 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Money Supply: M3: M2 (SAR mn) | 2,816,526.945 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Base Money (SAR mn) | 411,626.250 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) | 2,966,139.988 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Money Supply: M3: M2: M1 (SAR mn) | 1,679,825.606 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) | 553,046.279 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Official Reserve Assets (SAR mn) | 1,628,755.763 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Official Reserve Assets: Gold (SAR mn) | 1,623.503 Feb 2019 | monthly | Jan 2001 - Feb 2019 |
| Banks Deposits (SAR mn) | 2,732,425.928 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Banks Deposits: Demand: Business and Individuals (SAR mn) | 1,159,721.488 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Bank Loans: Consumer (SAR mn) | 470,985.975 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
More Indicators for Saudi Arabia
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.