Saudi Arabia
GDP growth, year over year
GDP growth tracks how quickly inflation-adjusted output is expanding or contracting. It is the headline pace measure for business cycles, slowdowns, recoveries, and recessions.
GDP Growth Rate -- Saudi Arabia
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The reading right now
As of January 2024, GDP growth, year over year for Saudi Arabia stood at 2%. That is up 1.5 percentage points from the prior year. Over the trailing five years, the series has averaged 3.15%, ranging from a low of -3.8% in January 2020 to a high of 12% in January 2022. The current reading sits 1.1 percentage points below its trailing ten-year mean of 3.06%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.