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Saudi Arabia national statistics.

Economic data

Economic Indicators Glossary

Our comprehensive glossary is designed to help you understand what each economic indicator means, how it’s calculated, and what it reveals about the economy. With our glossary, you’ll gain a deeper understanding of the economic landscape and be able to make more informed decisions.

See the glossary

 

IndicatorLastPreviousHighestLowestUnitPeriod 
Stock Market1179211784209671314pointsJul/24 
GDP Growth Rate1.3-0.65.7-4.9percentMar/24 
GDP Annual Growth Rate-1.7-4.324.2-20.7percentMar/24 
Unemployment Rate3.53.493.4percentMar/24 
Inflation Rate1.61.611.1-5percentMay/24 
Interest Rate6671percentJun/24 
Balance of Trade4141130444454159-3651SAR MillionApr/24 
Current Account7637434590061-27509USD MillionMar/24 
Current Account to GDP5.913.628.5-21percent of GDPDec/23 
Government Debt to GDP3032.51041.6percent of GDPDec/21 
Government Budget-22.543.2-25.3percent of GDPDec/23 
Manufacturing PMI5556.461.842.4pointsJun/24 
Corporate Tax Rate20204520percentDec/24 
Personal Income Tax Rate0000percentDec/24 
Indicator Last Previous Highest Lowest Unit Period
GDP Growth Rate 1.3 -0.6 5.7 -4.9 percent Mar/24
GDP Annual Growth Rate -1.7 -4.3 24.2 -20.7 percent Mar/24
GDP 1068 1109 1109 4.19 USD Billion Dec/23
GDP Constant Prices 867813 891377 1925394 484433 SAR Million Mar/24
Gross Fixed Capital Formation 282911 260559 294360 101572 SAR Million Dec/23
GDP per Capita 21006 21479 35690 13249 USD Dec/23
GDP per Capita PPP 49568 50683 50683 36980 USD Dec/23
Full Year GDP Growth -0.8 7.5 58.7 -20.7 percent Dec/23
GDP Growth Non Oil Sector 2.8 4.2 11.32 -8.68 percent Mar/24
GDP Growth Oil Sector -10.6 -16.2 22.76 -16.2 percent Mar/24
GDP from Agriculture 24116 21015 24116 12367 SAR Million Mar/24
GDP from Construction 43946 46340 46340 29395 SAR Million Mar/24
GDP from Manufacturing 106784 98496 110524 65776 SAR Million Mar/24
GDP from Mining 212496 214655 267094 176990 SAR Million Mar/24
GDP from Transport 48681 51716 51716 26155 SAR Million Mar/24
GDP from Utilities 5648 8562 21309 4243 SAR Million Mar/24
Indicator Last Previous Highest Lowest Unit Period
Unemployment Rate 3.5 3.4 9 3.4 percent Mar/24
Population 32.18 30.78 32.61 4.04 Million Dec/22
Employment Rate 63.7 64.7 64.7 50.9 percent Mar/24
Employed Persons 11156 9787 11641 6167 Thousand Dec/22
Labor Force Participation Rate 66 67 67 47.8 percent Mar/24
Retirement Age Men 60 60 60 60 Years Dec/24
Retirement Age Women 60 60 60 55 Years Dec/24
IndicatorLastPreviousHighestLowestUnitPeriod 
Consumer Price Index CPI11111111167pointsMay/24 
Food Inflation1.40.7714.3-3.2percentMay/24 
CPI Housing Utilities10510411387.84pointsMay/24 
CPI Transportation11611612091.5pointsMay/24 
GDP Deflator1201041205pointsDec/21 
Inflation Rate MoM0.20.35.9-3percentMay/24 
Producer Prices15415415698pointsMay/24 
Producer Prices Change3.23.419.7-5.36percentMay/24 
IndicatorLastPreviousHighestLowestUnitPeriod 
Interbank Rate6.256.216.320.6percentJun/24
Money Supply M040117540143340143354862SAR MillionMay/24
Money Supply M1162134916070351634605121503SAR MillionMay/24
Money Supply M2251090824493212510908169395SAR MillionMay/24
Money Supply M3282571527933132825715228264SAR MillionMay/24
Banks Balance Sheet416862840994844168628300695SAR MillionMay/24
Foreign Exchange Reserves1667483170738827969411569145SAR MillionApr/24
Deposit Interest Rate6.476.499.040.5percentApr/24
Central Bank Balance Sheet191095118200482838408186460SAR MillionMay/24
Loan Growth10.810.746.99-1.4percentMay/24
Loans To Banks3859726920738698057SAR MillionApr/24
Loans to Private Sector261448925992162614489154289SAR MillionApr/24
Reverse Repo Rate5.55.56.750.25percentJun/24
Indicator Last Previous Highest Lowest Unit Period
Balance of Trade 41,411 30,444 454,159 -3,651 SAR Million Apr/24
Current Account 7,637 4,345 90,061 -27,509 USD Million Mar/24
Current Account to GDP 5.9% 13.6% 28.5% -21% percent of GDP Dec/23
Exports 101,708 103,439 677,144 9,118 SAR Million Apr/24
Imports 60,297 72,995 222,985 2,578 SAR Million Apr/24
Capital Flows 1,049 10,877 102,296 -49,295 USD Million Sep/23
Tourism Revenues 135 90.86 135 14.72 SAR Billion Dec/23
Gold Reserves 323 323 323 143 Tonnes Mar/24
Crude Oil Production 8,830 8,993 12,007 2,340 BBL/D/1K Jun/24
Foreign Direct Investment 2,526 3,517 18,284 70.26 USD Million Mar/24
Non Oil Exports 16,235 17,327 55,986 10,524 SAR Million Apr/24
Oil Exports 79,326 79,551 338,945 24,390 SAR Million Apr/24
Remittances 37,200 34,802 38,876 12,479 SAR Million Dec/23
Terrorism Index 1.37 2.39 5.86 1.37 Points Dec/23
Tourist Arrivals 27 16.51 27 3.33 Million Dec/23
Indicator Last Previous Highest Lowest Unit Period
Government Debt to GDP 30 32.5 104 1.6 percent of GDP Dec/21
Government Budget -2 2.5 43.2 -25.3 percent of GDP Dec/23
Government Spending 280713 223584 280713 76217 SAR Million Dec/23
Government Revenues 1212290 1268164 1268164 5668 SAR Million Dec/23
Fiscal Expenditure 1293000 1164309 1293000 6028 SAR Million Dec/23
Corruption Index 52 51 53 33 Points Dec/23
Corruption Rank 53 54 80 46 Dec/23
Credit Rating 76 Jul/24
Government Budget Value -80946 103855 580924 -362229 SAR Million Dec/23
Military Expenditure 75813 70920 87186 71.2 USD Million Dec/23
Indicator Last Previous Highest Lowest Unit Period
Corporate Tax Rate 20 20 45 20 percent Dec/24
Personal Income Tax Rate 0 0 0 0 percent Dec/24
Social Security Rate 22 22 22 20 percent Dec/24
Social Security Rate For Companies 12 12 12 11 percent Dec/24
Social Security Rate For Employees 10 10 10 9 percent Dec/24
Withholding Tax Rate 15 15 16 15 percent Dec/24
Sales Tax Rate 15 15 15 5 percent Dec/24
Indicator Last Previous Highest Lowest Unit Period
Manufacturing PMI 55 56.4 61.8 42.4 points Jun/24
Industrial Production -2.9 -6.1 26.7 -24.9 percent May/24
Changes in Inventories -10652 51444 84676 -48712 SAR Million Dec/23
Industrial Production Mom 0.9 1.1 11.4 -21.8 percent May/24
Manufacturing Production 7.7 0.6 32.6 -32.1 percent Apr/24
Mining Production 9.7 -14.1 28.3 -32.1 percent May/24
Indicator Last Previous Highest Lowest Unit Period
House Price Index YoY 0.2 0.7 1.6 -9.8 percent Dec/23
Housing Index 83.01 82.62 102 80.1 points Mar/24
Indicator Last Previous Highest Lowest Unit Period
House Price Index YoY 0.2 0.7 1.6 -9.8 percent Dec/23
Housing Index 82.62 82.69 102 80.1 points Dec/23

Last updated: July, 2024

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