Saudi Arabia |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Factor costs
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
2,639.812 |
2,531.405 |
2,603.194 |
2,728.904 |
2,804.708 |
2,883.577 |
2,963.286 |
3,046.475 |
2020 |
Saudi Arabia |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
0.331 |
-4.107 |
2.836 |
4.829 |
2.778 |
2.812 |
2.764 |
2.807 |
2020 |
Saudi Arabia |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Factor costs
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
2,973.624 |
2,625.442 |
3,159.705 |
3,285.554 |
3,371.661 |
3,483.050 |
3,611.820 |
3,772.816 |
2020 |
Saudi Arabia |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
792.966 |
700.118 |
842.588 |
876.148 |
899.110 |
928.813 |
963.152 |
1,006.084 |
2020 |
Saudi Arabia |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
1,677.246 |
1,627.750 |
1,734.234 |
1,868.018 |
1,965.592 |
2,066.926 |
2,170.202 |
2,277.359 |
2020 |
Saudi Arabia |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
112.645 |
103.715 |
121.378 |
120.398 |
120.214 |
120.789 |
121.886 |
123.842 |
2020 |
Saudi Arabia |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
77,146.501 |
72,298.148 |
73,414.534 |
75,450.737 |
76,026.096 |
76,631.360 |
77,205.514 |
77,816.578 |
2020 |
Saudi Arabia |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
47,031.288 |
44,075.558 |
44,756.147 |
45,997.490 |
46,348.250 |
46,717.240 |
47,067.265 |
47,439.792 |
2020 |
Saudi Arabia |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
86,901.903 |
74,983.890 |
89,109.076 |
90,841.414 |
91,394.270 |
92,562.411 |
94,102.423 |
96,369.635 |
2020 |
Saudi Arabia |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
23,173.841 |
19,995.704 |
23,762.420 |
24,224.377 |
24,371.805 |
24,683.310 |
25,093.980 |
25,698.569 |
2020 |
Saudi Arabia |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
49,016.243 |
46,489.329 |
48,908.351 |
51,648.337 |
53,280.510 |
54,928.777 |
56,542.478 |
58,170.947 |
2020 |
Saudi Arabia |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
1.243 |
1.233 |
1.199 |
1.199 |
1.189 |
1.183 |
1.178 |
1.173 |
2020 |
Saudi Arabia |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
1.773 |
1.613 |
1.822 |
1.759 |
1.715 |
1.685 |
1.664 |
1.657 |
2020 |
Saudi Arabia |
Total investment |
Percent of GDP |
|
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Factor costs
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
28.776 |
26.393 |
24.852 |
24.292 |
24.295 |
24.341 |
24.353 |
24.290 |
2020 |
Saudi Arabia |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Factor costs
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
33.597 |
23.587 |
28.722 |
28.078 |
26.486 |
25.123 |
23.921 |
22.911 |
2020 |
Saudi Arabia |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly. Monthly from 2011 onwards, annual data in prior years
Base year: 2018
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
97.917 |
101.283 |
104.554 |
106.878 |
108.990 |
111.161 |
113.396 |
115.677 |
2020 |
Saudi Arabia |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
-2.091 |
3.438 |
3.229 |
2.223 |
1.976 |
1.992 |
2.011 |
2.011 |
2020 |
Saudi Arabia |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly. Monthly from 2011 onwards, annual data in prior years
Base year: 2018
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
98.500 |
103.800 |
105.448 |
107.792 |
109.922 |
112.112 |
114.366 |
116.666 |
2020 |
Saudi Arabia |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
-0.203 |
5.381 |
1.588 |
2.223 |
1.976 |
1.992 |
2.011 |
2.011 |
2020 |
Saudi Arabia |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 1999
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Other
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
2.989 |
-17.320 |
8.153 |
2.677 |
3.085 |
2.749 |
2.869 |
3.062 |
2020 |
Saudi Arabia |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 1999
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Other
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
10.085 |
-9.626 |
0.882 |
4.433 |
4.101 |
4.030 |
4.124 |
4.246 |
2020 |
Saudi Arabia |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 1999
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Other
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
-3.391 |
-13.465 |
10.456 |
6.103 |
2.031 |
2.319 |
2.291 |
2.445 |
2020 |
Saudi Arabia |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 1999
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Other
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
-6.401 |
-5.112 |
-0.134 |
6.409 |
1.742 |
2.136 |
2.116 |
2.305 |
2020 |
Saudi Arabia |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
Employment type: Harmonized ILO definition. unemployment rate updated to include expat workers, previously only nationals
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
5.700 |
7.400 |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
2020 |
Saudi Arabia |
Population |
Persons |
Millions |
Source: National Statistics Office. General Authority for Statistics, Kingdom of Saudi Arabia (GSTAT)
Latest actual data: 2020
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
34.218 |
35.013 |
35.459 |
36.168 |
36.891 |
37.629 |
38.382 |
39.149 |
2020 |
Saudi Arabia |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
926.600 |
778.834 |
918.907 |
954.837 |
978.804 |
1,012.429 |
1,053.335 |
1,100.739 |
2020 |
Saudi Arabia |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
31.161 |
29.665 |
29.082 |
29.062 |
29.030 |
29.067 |
29.164 |
29.176 |
2020 |
Saudi Arabia |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
1,059.000 |
1,075.734 |
1,015.383 |
1,012.962 |
1,027.399 |
1,049.047 |
1,073.865 |
1,097.920 |
2020 |
Saudi Arabia |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
35.613 |
40.973 |
32.135 |
30.831 |
30.472 |
30.119 |
29.732 |
29.101 |
2020 |
Saudi Arabia |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
-132.400 |
-296.900 |
-96.476 |
-58.125 |
-48.595 |
-36.618 |
-20.530 |
2.820 |
2020 |
Saudi Arabia |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-4.452 |
-11.309 |
-3.053 |
-1.769 |
-1.441 |
-1.051 |
-0.568 |
0.075 |
2020 |
Saudi Arabia |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
-133.400 |
-346.443 |
-87.703 |
-44.431 |
-31.411 |
-17.693 |
2.518 |
28.582 |
2020 |
Saudi Arabia |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-4.486 |
-13.196 |
-2.776 |
-1.352 |
-0.932 |
-0.508 |
0.070 |
0.758 |
2020 |
Saudi Arabia |
General government net debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
148.446 |
417.685 |
514.161 |
572.286 |
620.880 |
657.498 |
678.028 |
675.208 |
2020 |
Saudi Arabia |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
4.992 |
15.909 |
16.272 |
17.418 |
18.415 |
18.877 |
18.772 |
17.897 |
2020 |
Saudi Arabia |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
677.695 |
854.250 |
937.834 |
1,013.359 |
1,026.359 |
1,026.684 |
1,026.618 |
1,026.552 |
2020 |
Saudi Arabia |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
22.790 |
32.537 |
29.681 |
30.843 |
30.441 |
29.477 |
28.424 |
27.209 |
2020 |
Saudi Arabia |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Fiscal assumptions: The IMF staff baseline fiscal projections are based on the IMF staff's understanding of government policies as outlined in the 2021 budget. Exported oil revenues are based on WEO baseline oil price assumptions and staff's understanding of current oil policy under the OPEC+ agreement.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Cash
General government includes: Central Government;. The country team submits Central Government data, not General Government.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans;. Net debt is gross debt (Loans and Securities) less government deposits at SAMA.
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
2,973.624 |
2,625.442 |
3,159.705 |
3,285.554 |
3,371.661 |
3,483.050 |
3,611.820 |
3,772.816 |
2020 |
Saudi Arabia |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Saudi riyal
Data last updated: 09/2021
|
38.230 |
-19.647 |
32.610 |
33.174 |
19.702 |
7.258 |
-4.163 |
-13.874 |
2020 |
Saudi Arabia |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
4.821 |
-2.806 |
3.870 |
3.786 |
2.191 |
0.781 |
-0.432 |
-1.379 |
2020 |