Saudi Arabia GDP YoYSaudi Arabia GDP YoYSaudi Arabia GDP YoY

Saudi Arabia GDP YoY

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
24.20% on Dec 31, 1973
Lowest
−20.70% on Dec 31, 1982

About Saudi Arabia GDP YoY


Category
GDP
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).