Saudi Arabia GDP Growth Oil SectorSaudi Arabia GDP Growth Oil SectorSaudi Arabia GDP Growth Oil Sector

Saudi Arabia GDP Growth Oil Sector

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Key data points


Last release
Observation period
Q4 2025
Next release
Forecast
Highest
22.51% on Jun 30, 2022
Lowest
−16.22% on Dec 31, 2023

About Saudi Arabia GDP Growth Oil Sector


Category
Government
Frequency
Quarterly
Units
%
Saudi Arabia is the world´s biggest producer of oil and oil extraction accounts for 46 percent of GDP. The services sector represents 36 percent of the wealth including government services (13 percent), wholesale and retail trade and restaurants and hotels (8 percent) and financing, insurance and real estate (7.9 percent). Other sectors are: manufacturing (10 percent), construction and electricity, gas and water distribution (6 percent) and agriculture, forestry and fishing (2 percent).