About Saudi Arabia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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Frequently Asked Questions
One of the ways to count Saudi Arabia GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2022 Saudi Arabia GDP was 1.109 T USD, and the previous year it amounted to 874.16 B USD.
Saudi Arabia GDP accounts for 1.09% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2022 Saudi Arabia GDP Per Capita was 21.14 K USD, and in 2021 it amounted to 19.70 K USD.
Last quarter Saudi Arabia Real GDP amounted to 891.38 B SAR, the quarter before that it was 843.68 B SAR.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Saudi Arabia GDP has ever reached is 1.109 T USD.
The lowest ever value Saudi Arabia GDP has reached is 4.19 B USD.