Saudi Arabia Real GDP Growth
The Gross Domestic Product (GDP) in Saudi Arabia contracted 4.2 % YoY in Sep 2020, following a negative growth of 7.0 % in the previous quarter. Real GDP Growth YoY data in Saudi Arabia is updated quarterly, available from Mar 2011 to Sep 2020, with an average rate of 2.2 %. The data reached an all-time high of 13.6 % in Sep 2011 and a record low of -7.0 % in Jun 2020. General Authority for Statistics provides quarterly Real GDP Growth at 2010 prices.
In the latest reports, Nominal GDP of Saudi Arabia reached 150.5 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 18.0 % in Jun 2020. GDP Per Capita in Saudi Arabia reached 23,173.9 USD in Dec 2019. Its Gross Savings Rate was measured at 26.8 % in Jun 2020.
View Saudi Arabia's Real GDP Growth from Mar 2011 to Sep 2020 in the chart:
What was Saudi Arabia's Real GDP Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -4.2 Sep 2020 | -7.0 Jun 2020 | -7.0 Jun 2020 | 13.6 Sep 2011 | % | quarterly | Mar 2011 - Sep 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.5 2019 | yearly | 1969 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -35,359.733 2019 | yearly | 1969 - 2019 |
| National Government Debt (USD mn) | 180,780.0 2019 | yearly | 2004 - 2019 |
| Government Debt: % of GDP (%) | 29.5 Jun 2020 | quarterly | Dec 2016 - Jun 2020 |
| Forecast: Government Expenditure (SAR bn) | 1,097.186 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (SAR bn) | 1,193.245 2025 | yearly | 1991 - 2025 |
| Forecast: Government Revenue (SAR bn) | 1,083.696 2025 | yearly | 1991 - 2025 |
| Public Debt (SAR mn) | 69,839.000 2019 | yearly | 2004 - 2019 |
| SA: Revenue: Social Contributions (SAR mn) | 0.000 2018 | yearly | 2010 - 2018 |
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