Saudi Arabia Real GDP Growth

2011 - 2022 | Quarterly | % | General Authority for Statistics

Key information about Saudi Arabia Real GDP Growth

  • The Gross Domestic Product (GDP) in Saudi Arabia expanded 9.9 % YoY in Mar 2022, following a growth of 6.7 % in the previous quarter.
  • Real GDP Growth YoY data in Saudi Arabia is updated quarterly, available from Mar 2011 to Mar 2022, 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 -7.2 % in Jun 2020.
General Authority for Statistics provides quarterly Real GDP Growth at 2010 prices.


Related information about Saudi Arabia Real GDP Growth

  • In the latest reports, Nominal GDP of Saudi Arabia reached 252.0 USD bn in Mar 2022.
  • Its GDP deflator (implicit price deflator) increased 20.1 % in Mar 2022.
  • GDP Per Capita in Saudi Arabia reached 23,310.8 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 45.5 % in Mar 2022.
  • For Nominal GDP contributions, Investment accounted for 29.8 % in Mar 2022.
  • Public Consumption accounted for 18.1 % in Mar 2022.
  • Private Consumption accounted for 36.3 % in Mar 2022.

View Saudi Arabia's Real GDP Growth from Mar 2011 to Mar 2022 in the chart:

Saudi Arabia Real GDP Growth

What was Saudi Arabia's Real GDP Growth in Mar 2022?

The Gross Domestic Product (GDP) in Saudi Arabia expanded 9.9 % YoY in Mar 2022, following a growth of 6.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
9.9 Mar 2022 6.7 Dec 2021 -7.2 Jun 2020 13.6 Sep 2011 % quarterly Mar 2011 - Mar 2022

Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 6.0 Mar 2022 quarterly Mar 2010 - Mar 2022
Algeria (%) 3.1 Dec 2021 quarterly Mar 2012 - Dec 2021
Argentina (%) 6.1 Mar 2022 quarterly Mar 2005 - Mar 2022
Armenia (%) 8.6 Mar 2022 quarterly Mar 2001 - Mar 2022
Australia (%) 3.3 Mar 2022 quarterly Sep 1960 - Mar 2022
Austria (%) 8.7 Mar 2022 quarterly Mar 1989 - Mar 2022
Azerbaijan (%) 8.5 Dec 2021 quarterly Mar 2001 - Dec 2021
Bahrain (%) 5.5 Mar 2022 quarterly Mar 2009 - Mar 2022
Bangladesh (%) 7.2 2022 yearly 2007 - 2022
Belarus (%) 1.1 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 4.9 Mar 2022 quarterly Mar 1996 - Mar 2022
Bolivia (%) 0.2 Dec 2021 quarterly Mar 1991 - Dec 2021
Bosnia and Herzegovina (%) 7.5 Dec 2021 quarterly Mar 2009 - Dec 2021
Botswana (%) 7.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Brazil (%) 1.5 Mar 2022 quarterly Mar 1997 - Mar 2022
Brunei (%) -1.4 Dec 2021 quarterly Mar 2005 - Dec 2021
Bulgaria (%) 4.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Cambodia (%) 3.0 2021 yearly 1994 - 2021
Canada (%) 2.9 Mar 2022 quarterly Mar 1962 - Mar 2022
Chile (%) 6.9 Mar 2022 quarterly Mar 1987 - Mar 2022
China (%) 4.8 Mar 2022 quarterly Mar 1992 - Mar 2022
Colombia (%) 8.2 Mar 2022 quarterly Mar 2001 - Mar 2022
Croatia (%) 7.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Cyprus (%) 5.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Czech Republic (%) 4.9 Mar 2022 quarterly Mar 1996 - Mar 2022
Denmark (%) 6.2 Mar 2022 quarterly Mar 1992 - Mar 2022
Ecuador (%) 4.9 Dec 2021 quarterly Mar 1994 - Dec 2021
Egypt (%) 5.4 Mar 2022 quarterly Sep 2002 - Mar 2022
Estonia (%) 4.7 Mar 2022 quarterly Mar 1996 - Mar 2022
European Union (%) 5.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Finland (%) 3.8 Mar 2022 quarterly Mar 1976 - Mar 2022
France (%) 4.5 Mar 2022 quarterly Mar 1950 - Mar 2022
Georgia (%) 14.9 Mar 2022 quarterly Mar 1998 - Mar 2022
Germany (%) 3.8 Mar 2022 quarterly Mar 1992 - Mar 2022
Ghana (%) 0.9 Mar 2022 quarterly Jun 2006 - Mar 2022
Greece (%) 7.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Hong Kong SAR, China (%) -4.0 Mar 2022 quarterly Mar 1991 - Mar 2022
Hungary (%) 8.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Iceland (%) 7.3 Mar 2022 quarterly Mar 1996 - Mar 2022
India (%) 4.1 Mar 2022 quarterly Jun 2005 - Mar 2022
Indonesia (%) 5.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Iran (%) 7.2 Dec 2021 quarterly Jun 1989 - Dec 2021
Ireland (%) 10.0 Dec 2021 quarterly Mar 1996 - Dec 2021
Israel (%) 8.9 Mar 2022 quarterly Mar 1996 - Mar 2022
Italy (%) 6.2 Mar 2022 quarterly Mar 1982 - Mar 2022
Ivory Coast (%) 6.5 2021 yearly 1966 - 2021
Japan (%) 0.7 Mar 2022 quarterly Mar 1956 - Mar 2022
Jordan (%) 2.5 Mar 2022 quarterly Mar 1993 - Mar 2022
Kazakhstan (%) 6.1 Sep 2021 quarterly Mar 2006 - Sep 2021
Kenya (%) 10.3 Sep 2021 quarterly Mar 2010 - Sep 2021
South Korea (%) 3.0 Mar 2022 quarterly Mar 1961 - Mar 2022
Kosovo (%) 4.9 Mar 2022 quarterly Mar 2011 - Mar 2022
Kuwait (%) 4.7 Dec 2020 quarterly Jun 2010 - Dec 2020
Kyrgyzstan (%) 4.5 Mar 2022 quarterly Mar 2007 - Mar 2022
Laos (%) 3.5 2021 yearly 2003 - 2021
Latvia (%) 6.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Lebanon (%) -1.9 2018 yearly 2005 - 2018
Lithuania (%) 4.8 Dec 2021 quarterly Jun 1995 - Dec 2021
Luxembourg (%) 4.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Macau SAR, China (%) -8.9 Mar 2022 quarterly Mar 2002 - Mar 2022
North Macedonia (%) 2.4 Mar 2022 quarterly Mar 2001 - Mar 2022
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 5.0 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 7.6 Mar 2022 quarterly Mar 2001 - Mar 2022
Mauritius (%) 6.2 Dec 2021 quarterly Mar 2001 - Dec 2021
Mexico (%) 1.8 Mar 2022 quarterly Mar 1981 - Mar 2022
Moldova (%) 1.1 Mar 2022 quarterly Mar 1996 - Mar 2022
Mongolia (%) -3.8 Mar 2022 quarterly Mar 2011 - Mar 2022
Montenegro (%) 7.2 Mar 2022 quarterly Mar 2011 - Mar 2022
Morocco (%) 6.6 Dec 2021 quarterly Mar 2008 - Dec 2021
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) -5.9 2021 yearly 2011 - 2021
Nepal (%) -6.5 Jun 2021 quarterly Dec 2004 - Jun 2021
Netherlands (%) 6.6 Mar 2022 quarterly Mar 1997 - Mar 2022
New Zealand (%) 0.4 Mar 2022 quarterly Jun 1983 - Mar 2022
Nigeria (%) 3.1 Mar 2022 quarterly Mar 2011 - Mar 2022
Norway (%) 3.7 Mar 2022 quarterly Mar 1979 - Mar 2022
Oman (%) -3.2 2020 yearly 1999 - 2020
Pakistan (%) 6.2 2022 yearly 2001 - 2022
Palestinian Territory (%) -3.1 Mar 2022 quarterly Jun 2011 - Mar 2022
Panama (%) 13.6 Mar 2022 quarterly Mar 2008 - Mar 2022
Paraguay (%) -2.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Peru (%) 3.8 Mar 2022 quarterly Mar 1981 - Mar 2022
Philippines (%) 8.2 Mar 2022 quarterly Mar 1999 - Mar 2022
Poland (%) 9.2 Mar 2022 quarterly Mar 1996 - Mar 2022
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) 2.0 Dec 2021 quarterly Mar 2012 - Dec 2021
Romania (%) 6.5 Mar 2022 quarterly Mar 1996 - Mar 2022
Russia (%) 3.3 Mar 2022 quarterly Mar 1996 - Mar 2022
Saudi Arabia (%) 9.9 Mar 2022 quarterly Mar 2011 - Mar 2022
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 3.7 Mar 2022 quarterly Mar 1976 - Mar 2022
Slovakia (%) 3.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Slovenia (%) 9.6 Mar 2022 quarterly Mar 1996 - Mar 2022
South Africa (%) 2.9 Mar 2022 quarterly Mar 1961 - Mar 2022
Spain (%) 6.3 Mar 2022 quarterly Mar 1996 - Mar 2022
Sri Lanka (%) -1.6 Mar 2022 quarterly Mar 2011 - Mar 2022
Sudan (%) -1.6 2020 yearly 1983 - 2020
Sweden (%) 3.1 Mar 2022 quarterly Mar 1982 - Mar 2022
Switzerland (%) 4.5 Mar 2022 quarterly Mar 1966 - Mar 2022

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Saudi Arabia Key Series

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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: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
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: 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: 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: South Korea (SAR mn) 12,004.202 Apr 2022 monthly Jan 2019 - Apr 2022
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: 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: Japan (SAR mn) 102,598.276 2021 yearly 1984 - 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: 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: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 20,438.683 2021 yearly 1970 - 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: North America: USA (SAR mn) 60,548.791 2021 yearly 1984 - 2021
Imports: Value: European Union: Germany (SAR mn) 28,092.772 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: 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
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: 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: 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
IIP: Assets (SAR mn) 4,649,067.400 2021 yearly 2007 - 2021
IIP: Liabilities (SAR mn) 2,415,258.808 2021 yearly 2007 - 2021
International Investment Position (IIP) (SAR mn) 2,233,808.591 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
Money Supply: M3: M2: M1 (SAR mn) 1,569,743.814 May 2022 monthly Jan 1993 - 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 (SAR mn) 2,087,172.409 May 2022 monthly Jan 1993 - May 2022
Official Reserve Assets (SAR mn) 1,693,802.841 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: Foreign Currency and Deposits Abroad (SAR mn) 514,687.493 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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