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Macroeconomics >> GDP of the World >> GDP of Asia >> GDP of Western Asia >> GDP of Saudi Arabia

Gross Domestic Product (GDP) in Saudi Arabia

GDP of Saudi Arabia, 1970-2012

During 1970-2012 GDP of Saudi Arabia increased by 705.6 billion US dollars (in 131.7 times) to 711 billion US dollars; change occurred by 20.8 billion US dollars by increasing population of Saudi Arabia by 22.5 million, as well as by 684.8 billion US dollars by increasing of GDP per capita in Saudi Arabia by 24209 US dollars. The average annual growth of GDP of Saudi Arabia was 16.8 billion US dollars or 311.1%. Share in the World increased by 0.82%. Share in Asia grew by 1.8%. Share in Western Asia rose by 12.3%. Minimal GDP of Saudi Arabia was in 1970 (5.4 billion US dollars). Maximal GDP of Saudi Arabia was in 2012 (711 billion US dollars).

During 1970-2012 GDP per capita in Saudi Arabia grew by 24209 US dollars (in 27.1 times) to 25136 US dollars. The average annual growth of GDP per capita in Saudi Arabia was 576.4 US dollars or 62.2%.

Change of GDP of Saudi Arabia described by linear correlation-regression model: y=10.059x-19846.494, where y - estimated value of GDP of Saudi Arabia, x - year. Correlation = 0.826. Coefficient of determination = 0.682.

GDP of Saudi Arabia, 1970

GDP of Saudi Arabia in 1970 was 5.4 billion US dollars, ranked 51st in the world and was on par with GDP of Puerto Rico (5.6 billion US dollars), GDP of Algeria (5.2 billion US dollars). Share of GDP of Saudi Arabia in the world was 0.16%.

GDP per capita in Saudi Arabia in 1970 was worth 927 US dollars., ranked 56th in the world and was on par with GDP per capita in Mexico (936 US dollars). GDP per capita in Saudi Arabia was more, than GDP per capita in the World (910 US dollars) by 17 US dollars.

Comparison of GDP of Saudi Arabia and the neighbors in 1970. GDP of Saudi Arabia was more, than GDP of United Arab Emirates (1.1 billion US dollars), GDP of Jordan (0.59 billion US dollars), GDP of Oman (0.27 billion US dollars), but was less, than GDP of Iran (10 billion US dollars), GDP of Egypt (8.1 billion US dollars). GDP per capita in Saudi Arabia was more, than GDP per capita in Oman (371 US dollars), GDP per capita in Jordan (358 US dollars), GDP per capita in Iran (351 US dollars), GDP per capita in Egypt (224 US dollars), but was less, than GDP per capita in United Arab Emirates (4550 US dollars).

Comparison of GDP of Saudi Arabia and leaders in 1970. GDP of Saudi Arabia was less, than GDP of United States (1075.9 billion US dollars) in 199.2 times, GDP of USSR (433.4 billion US dollars) in 80.3 times, GDP of Japan (209.1 billion US dollars) in 38.7 times, GDP of Germany (208.9 billion US dollars) in 38.7 times. GDP per capita in Saudi Arabia was less, than GDP per capita in United States (5126 US dollars) in 5.5 times, GDP per capita in Germany (2634 US dollars) in 2.8 times, GDP per capita in Japan (2016 US dollars) in 2.2 times, GDP per capita in USSR (1790 US dollars) by 93.1%.

Potential GDP of Saudi Arabia in 1970. With GDP per capita in Saudi Arabia at the level of GDP per capita in United States (5126 US dollars), GDP of Saudi Arabia would be 29.9 billion US dollars, it is 24.5 billion US dollars (453.7%) more than the actual level. With GDP per capita in Saudi Arabia at the level of GDP per capita in United Arab Emirates (4550 US dollars), GDP of Saudi Arabia would be 26.5 billion US dollars, it is 21.1 billion US dollars (390.7%) more than the actual level.

GDP of Saudi Arabia, 2012

GDP of Saudi Arabia in 2012 was equal to 711 billion US dollars, ranked 19th in the world. Share of GDP of Saudi Arabia in the world was 0.98%.

GDP per capita in Saudi Arabia in 2012 was worth 25136 US dollars., ranked 42nd in the world. GDP per capita in Saudi Arabia was more, than GDP per capita in the World (10269 US dollars) by 14867 US dollars.

Comparison of GDP of Saudi Arabia and the neighbors in 2012. GDP of Saudi Arabia was more, than GDP of Iran (551.6 billion US dollars), GDP of United Arab Emirates (383.8 billion US dollars), GDP of Egypt (254.7 billion US dollars), GDP of Oman (78.1 billion US dollars), GDP of Yemen (32.8 billion US dollars), GDP of Jordan (30.9 billion US dollars). GDP per capita in Saudi Arabia was more, than GDP per capita in Oman (23570 US dollars), GDP per capita in Iran (7217 US dollars), GDP per capita in Jordan (4414 US dollars), GDP per capita in Egypt (3155 US dollars), GDP per capita in Yemen (1376 US dollars), but was less, than GDP per capita in United Arab Emirates (41692 US dollars).

Comparison of GDP of Saudi Arabia and leaders in 2012. GDP of Saudi Arabia was less, than GDP of United States (16244.6 billion US dollars) in 22.8 times, GDP of China (8358.4 billion US dollars) in 11.8 times, GDP of Japan (5960.2 billion US dollars) in 8.4 times, GDP of Germany (3426 billion US dollars) in 4.8 times. GDP per capita in Saudi Arabia was more, than GDP per capita in China (6070 US dollars) in 4.1 times, but was less, than GDP per capita in United States (51163 US dollars) in 2 times, GDP per capita in Japan (46838 US dollars) by 86.3%, GDP per capita in Germany (41376 US dollars) by 64.6%.

Potential GDP of Saudi Arabia in 2012. With GDP per capita in Saudi Arabia at the level of GDP per capita in United States (51163 US dollars), GDP of Saudi Arabia would be 1447.2 billion US dollars, it is 736.2 billion US dollars (103.5%) more than the actual level. With GDP per capita in Saudi Arabia at the level of GDP per capita in United Arab Emirates (41692 US dollars), GDP of Saudi Arabia would be 1179.3 billion US dollars, it is 468.3 billion US dollars (65.9%) more than the actual level.

GDP of Saudi Arabia, 1970-2012
YearGDP, bln. dollarsGDP per capita, dollarsGDP, bln. dollarsgrowth rate of GDP, %share, %
current pricesconstant prices 1970in the Worldin Asiain Western Asia
19705.49275.4 0.161.111.1
19717.211866.316.70.191.313.8
19729.715247.620.60.231.414.8
197314.922469.322.40.291.717.4
197445.4648911.422.60.784.229.4
197546.8634011.50.880.72426.9
197664821612.912.20.914.930.6
197774.2900713.870.944.730.7
197880.3920213.6-1.40.864.130.7
1979111.9120841510.31531.3
1980164.51671615.961.46.640.1
1981184.31757716.751.56.841.7
1982153.21371615-10.21.35.938.5
1983129.21086913.8-814.734.9
1984119.6950013.3-3.60.934.233.4
1985103.9782712.6-5.30.783.630.6
198686.9624313.24.80.572.426.3
198785.6589112.7-3.80.49223.5
198888.1583413.88.70.451.823
198995.2607813.800.471.822.8
1990116.6719614.980.522.121.8
1991131.2783516.39.40.552.224.3
1992136.17885174.30.542.123.5
199313274321700.511.821.6
1994134.1737217.21.20.491.724
1995142.3766217.200.471.622
1996157.5835817.83.50.511.822.1
1997164.8864518.22.20.531.922.1
1998145.8756018.72.70.471.919.7
1999161820318.6-0.530.51.921.1
2000188.4935419.54.80.57221.8
2001183876019.60.510.562.123.3
2002188.6863919.600.552.122.5
2003214.6939021.17.70.562.222
2004258.71085423.19.50.62.321.7
2005328.51330324.87.40.712.722.5
2006376.91485526.25.60.752.922.2
20074161605127.75.70.732.820.7
2008519.81971430.18.70.84321.1
2009429.11601330.61.70.732.520.3
2010526.81932732.97.50.822.621.3
2011669.52411635.78.50.942.923.1
20127112513637.550.982.923.4

GDP of Saudi Arabia, bln. dollars, 1970-2012

GDP of Saudi Arabia, bln. dollars, 1970-2012

GDP per capita in Saudi Arabia, dollars, 1970-2012, current prices

GDP per capita in Saudi Arabia, dollars, 1970-2012, current prices

Growth rate of GDP in Saudi Arabia, %, 1971-2012, constant prices

Growth rate of GDP in Saudi Arabia, %, 1971-2012, constant prices

Potential GDP of Saudi Arabia, 2012
rateper capita, dollarspotential GDP, bln. dollars
world leader (United States)511631447.2
best neighbor (United Arab Emirates)416921179.3

Comparison GDP of Saudi Arabia and the neighbors

GDP of Saudi Arabia and the neighbors, bln. dollars, 1970-2012
YearSaudi ArabiaIranUnited Arab EmiratesEgyptOmanYemenJordan
19705.4101.18.10.27 0.59
1980164.59243.620.16.3 4
1990116.69150.735.911.644
2000188.4104104.395.719.410.98.5
2010526.8421.7287.4214.658.831.226.4
2012711551.6383.8254.778.132.830.9

GDP per capita in Saudi Arabia and the neighbors, dollars, 1970-2012
YearUnited Arab EmiratesSaudi ArabiaOmanIranJordanEgyptYemen
19704550927371351358224 
19804296216716541923641760448 
1990280667196638416151197638341
20003447693548871157817751447620
20103404919327209845663409427491369
20124169225136235707217441431551376

Comparison GDP of Saudi Arabia and leaders

GDP of Saudi Arabia and leaders, bln. dollars, 1970-2012
YearUnited StatesChinaJapanGermanyFranceSaudi Arabia
19701075.991209.1208.9146.45.4
19802862.5306.51087919.7690.3164.5
19905979.6404.53103.71714.41244.1116.6
200010289.71192.84731.21886.41326.3188.4
201014958.35949.85495.43304.42565526.8
201216244.68358.45960.234262611.2711

GDP per capita in Saudi Arabia and leaders, dollars, 1970-2012
YearUnited StatesJapanGermanyFranceSaudi ArabiaChina
19705126201626342824927112
1980124369378116161251316716311
1990234952538821301213347196347
2000361563763422588217709354932
201047905431513980439362193274375
201251163468384137639617251366070


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