Saudi Arabia Forecast: Unemployment Rate
1999 - 2022 | Yearly | % | International Monetary Fund
Key information about Saudi Arabia Unemployment Rate Forecast
- Saudi Arabia Unemployment Rate is forecasted to be 5.600 % in Dec 2022 as reported by International Monetary Fund
- It records a decrease from the last reported number of 5.600 % in Dec 2022
- Looking ahead, Saudi Arabia Unemployment Rate is projected to stand at 5.600 % in Dec 2022
- 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 2022 in the chart:
What is Saudi Arabia's Forecast: Unemployment Rate in 2022?
Saudi Arabia Unemployment Rate is forecasted to be 5.600 % in Dec 2022 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 5.600 2022 | 6.600 2021 | 4.345 1999 | 7.650 2020 | % | yearly | 1999 - 2022 |
Forecast: Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 11.000 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.675 2028 | yearly | 2010 - 2028 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2028 | yearly | 1980 - 2028 |
| Armenia (%) | 14.000 2028 | yearly | 2001 - 2028 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.898 2028 | yearly | 1980 - 2028 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.545 2028 | yearly | 2000 - 2028 |
| Bahamas (%) | 9.190 2028 | yearly | 1986 - 2028 |
| Bahrain (%) | 5.400 2022 | yearly | 2007 - 2022 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 9.718 2028 | yearly | 1981 - 2028 |
| Belarus (%) | 3.455 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 5.402 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.800 2028 | yearly | 1990 - 2028 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 5.900 2022 | yearly | 2003 - 2022 |
| Bolivia (%) | 5.200 2028 | yearly | 2000 - 2028 |
| Bosnia and Herzegovina (%) | 15.255 2028 | yearly | 1995 - 2028 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.931 2028 | yearly | 1991 - 2028 |
| Brunei (%) | 4.900 2028 | yearly | 2011 - 2028 |
| Bulgaria (%) | 4.200 2028 | yearly | 1989 - 2028 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.999 2028 | yearly | 1980 - 2028 |
| Cape Verde (%) | 8.500 2028 | yearly | 1980 - 2028 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.499 2028 | yearly | 1980 - 2028 |
| China (%) | 5.200 2028 | yearly | 2017 - 2028 |
| Colombia (%) | 9.511 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.581 2028 | yearly | 1991 - 2028 |
| Cyprus (%) | 5.481 2028 | yearly | 1982 - 2028 |
| 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 2028 | yearly | 1991 - 2028 |
| Ecuador (%) | 3.500 2028 | yearly | 1988 - 2028 |
| Egypt (%) | 6.679 2028 | yearly | 1990 - 2028 |
| El Salvador (%) | 5.500 2028 | yearly | 1988 - 2028 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.364 2028 | yearly | 1993 - 2028 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2028 | yearly | 1986 - 2028 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 17.516 2028 | yearly | 1996 - 2028 |
| 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 2028 | yearly | 1980 - 2028 |
| Hong Kong SAR, China (%) | 2.774 2028 | yearly | 1980 - 2028 |
| Hungary (%) | 3.300 2028 | yearly | 1980 - 2028 |
| Iceland (%) | 3.976 2028 | yearly | 1980 - 2028 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2028 | yearly | 1984 - 2028 |
| Iran (%) | 9.779 2028 | yearly | 1990 - 2028 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 4.000 2028 | yearly | 1980 - 2028 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 8.375 2021 | yearly | 1980 - 2021 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 22.850 2022 | yearly | 1984 - 2022 |
| Kazakhstan (%) | 4.775 2028 | yearly | 1994 - 2028 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.205 2028 | yearly | 1980 - 2028 |
| Kosovo (%) | 20.750 2021 | yearly | 2012 - 2021 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2028 | yearly | 1994 - 2028 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.402 2028 | yearly | 1992 - 2028 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
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| 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 (%) | 26.2 Dec 2023 | quarterly | Dec 2016 - Dec 2023 |
| Forecast: Government Expenditure (SAR bn) | 1,344.120 2028 | yearly | 1990 - 2028 |
| Forecast: Government Net Debt (SAR bn) | 806.352 2028 | yearly | 1991 - 2028 |
| Forecast: Government Revenue (SAR bn) | 1,374.230 2028 | yearly | 1991 - 2028 |
| Public Debt (SAR mn) | 87,982.516 2023 | yearly | 2004 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.415 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 111,202.9 2023 | yearly | 1957 - 2023 |
| Total Exports (USD mn) | 25,318.3 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
| Total Exports Growth (%) | -10.3 Jan 2024 | monthly | Jan 2016 - Jan 2024 |
| Aluminum: Exports (USD th) | 3,177,047.652 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 545,269.271 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 22,592.765 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 17,790.5 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
| Total Imports Growth (%) | -1.4 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Imports: Medicament (USD th) | 5,358,995.860 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,078,407.217 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 223.503 Jan 2024 | monthly | Jan 2017 - Jan 2024 |
| Total Imports from USA (USD mn) | 1,381.322 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
| Total Exports to China (USD mn) | 1,686.288 Jan 2024 | monthly | Jan 2017 - Jan 2024 |
| Total Imports from China (USD mn) | 3,628.458 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| 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: 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: ow China (SAR mn) | 6,323.580 Jan 2024 | monthly | Jan 2017 - Jan 2024 |
| Exports: Value (SAR mn) | 94,943.567 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
| Exports: India (SAR mn) | 1,030.331 Jan 2024 | monthly | Jan 2017 - Jan 2024 |
| Exports: South Korea (SAR mn) | 1,865.858 Jan 2024 | monthly | Jan 2017 - Jan 2024 |
| Exports: ow USA (SAR mn) | 838.135 Jan 2024 | monthly | Jan 2017 - Jan 2024 |
| Exports: Value: Asia: India (SAR mn) | 157,187.346 2022 | yearly | 1984 - 2022 |
| Imports: HS: Value: MC: Mineral Products (SAR mn) | 60,441.675 2023 | yearly | 1983 - 2023 |
| Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) | 17,042.009 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Foodstuffs (SAR mn) | 103,472.691 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) | 33,729.880 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Transport Equipment (SAR mn) | 138,396.368 2023 | yearly | 1970 - 2023 |
| Imports: Value: European Union: Germany (SAR mn) | 30,000.405 2022 | yearly | 1984 - 2022 |
| Imports: Value: Asia: South Korea (SAR mn) | 19,767.343 2022 | yearly | 1984 - 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 1,572.9 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Current Account Balance (USD mn) | 4,345.0 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 1.6 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 3,516.5 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 3,396.120 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 1.3 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Forecast: Current Account Balance (USD bn) | 6.924 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | 785,074.650 2023 | yearly | 2007 - 2023 |
| BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) | 1,074.043 Sep 2023 | quarterly | Mar 2018 - Sep 2023 |
| BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) | 616.607 Sep 2023 | quarterly | Mar 2018 - Sep 2023 |
| BoP: USD: FA: Other Investment (USD mn) | -12,678.459 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Other Investment: Assets (USD mn) | 4,039.242 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Secondary Income (USD mn) | -13,322.937 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Goods & Services: Services: Debit (USD mn) | 24,031.936 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) | 3,396.120 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| BoP: USD: FA: Portfolio Investment: Assets (USD mn) | 19,682.520 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Other Investment: Liabilities (USD mn) | 16,717.701 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Portfolio Investment (USD mn) | 16,286.400 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: Errors and Omissions (USD mn) | -3,505.581 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Reserve Assets (USD mn) | -2,580.978 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) | 79,505.705 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: Financial Account (FA) (USD mn) | -916.716 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) | 49,782.867 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Primary Income: Debit (USD mn) | 7,765.631 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Direct Investment (USD mn) | -1,943.678 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Primary Income: Credit (USD mn) | 8,542.244 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Goods & Services: Services: Credit (USD mn) | 11,200.383 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Primary Income (USD mn) | 776.612 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Goods & Services: Goods (USD mn) | 29,722.838 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: FA: Direct Investment: Assets (USD mn) | 1,572.855 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| BoP: USD: CA: Goods & Services: Services (USD mn) | -12,831.554 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| IIP: Assets (SAR mn) | 5,352,001.798 2023 | yearly | 2007 - 2023 |
| International Investment Position (IIP) (SAR mn) | 2,944,029.939 2023 | yearly | 2007 - 2023 |
| IIP: Liabilities (SAR mn) | 2,407,971.859 2023 | yearly | 2007 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
| Household Debt: % of GDP (%) | 11.7 Dec 2023 | quarterly | Dec 2003 - Dec 2023 |
| Money Supply M1 (USD mn) | 417,393.794 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Money Supply M2 (USD mn) | 641,002.539 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| M2 Growth (%) | 10.5 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Reserve Requirement Ratio (%) | 7.0 Mar 2024 | monthly | Mar 1980 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 406,940.5 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 38.579 Dec 2023 | quarterly | Dec 2003 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 23.4 2023 | yearly | 1957 - 2023 |
| Gold Reserves (USD mn) | 432.934 Mar 2024 | monthly | Dec 1957 - Mar 2024 |
| Total Deposits (USD mn) | 676,857.784 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Total Deposits Growth (%) | 10.3 Feb 2024 | monthly | Jan 1994 - Feb 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) | 343.508 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 784.198 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
| Household Debt (USD mn) | 125,038.9 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Total Loans (USD mn) | 706,294.887 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Total Loans Growth (%) | 10.85 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 61.93 Dec 2023 | quarterly | Dec 2003 - Dec 2023 |
| Base Money (SAR mn) | 382,248.004 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) | 2,756,193.012 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Money Supply: M3: M2: M1 (SAR mn) | 1,565,226.729 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Money Supply: M3: M2 (SAR mn) | 2,403,759.521 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) | 547,978.862 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Official Reserve Assets: Gold (SAR mn) | 1,623.503 Feb 2019 | monthly | Jan 2001 - Feb 2019 |
| Official Reserve Assets (SAR mn) | 1,707,388.317 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Banks Deposits (SAR mn) | 2,538,216.688 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
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