Saudi Arabia GDP Growth Rate (2026)
Saudi Arabia is the largest economy in the Gulf region, supported by energy production alongside rapidly developing non-oil industries. This page examines its GDP growth trend, historical performance, regional position, and future outlook.
GDP Growth Rate 2026
+3.1%
Annual real GDP growth
World Rank
#88
Out of 195 countries
Change vs 2025
-1.4 pp
2025: +4.5%
Asia Rank
#28
Out of 49 countries
1. Saudi Arabia GDP Growth Rate in 2026
Saudi economic growth is influenced by oil production, energy markets, government investment, consumer activity, and expanding non-oil industries. Tourism, construction, logistics, entertainment, and infrastructure are becoming increasingly important contributors.
2. Saudi Arabia GDP Growth Rate Trends (1980–2026)
Saudi Arabia’s growth history has traditionally been closely linked to oil production and global energy prices. Economic diversification efforts are gradually expanding the role of services, investment, tourism, construction, and other non-oil activities.
3. Saudi Arabia GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.1% | -1.4 pp |
| 2025 | +4.5% | +1.9 pp |
| 2024 | +2.6% | +2.1 pp |
| 2023 | +0.5% | -11.5 pp |
| 2022 | +12.0% | +5.5 pp |
| 2021 | +6.5% | +10.3 pp |
| 2020 | -3.8% | -5.5 pp |
| 2019 | +1.7% | -1.5 pp |
| 2018 | +3.2% | +2.0 pp |
| 2017 | +1.2% | -0.5 pp |
| 2016 | +1.7% | -3.0 pp |
| 2015 | +4.7% | +0.7 pp |
| 2014 | +4.0% | +1.1 pp |
| 2013 | +2.9% | -2.9 pp |
| 2012 | +5.8% | -6.0 pp |
| 2011 | +11.8% | +6.8 pp |
| 2010 | +5.0% | +6.1 pp |
| 2009 | -1.1% | -7.3 pp |
| 2008 | +6.2% | +4.0 pp |
| 2007 | +2.2% | -1.1 pp |
| 2006 | +3.3% | -2.6 pp |
| 2005 | +5.9% | -2.7 pp |
| 2004 | +8.6% | -0.2 pp |
| 2003 | +8.8% | +9.5 pp |
| 2002 | -0.7% | -1.0 pp |
| 2001 | +0.3% | -4.4 pp |
| 2000 | +4.7% | +5.3 pp |
| 1999 | -0.6% | -3.4 pp |
| 1998 | +2.8% | +0.2 pp |
| 1997 | +2.6% | -0.7 pp |
| 1996 | +3.3% | +3.0 pp |
| 1995 | +0.3% | -0.7 pp |
| 1994 | +1.0% | +0.6 pp |
| 1993 | +0.4% | -4.2 pp |
| 1992 | +4.6% | -3.6 pp |
| 1991 | +8.2% | -1.2 pp |
| 1990 | +9.4% | +9.0 pp |
| 1989 | +0.4% | -6.2 pp |
| 1988 | +6.6% | +9.7 pp |
| 1987 | -3.1% | -4.1 pp |
| 1986 | +1.0% | +8.2 pp |
| 1985 | -7.2% | -3.2 pp |
| 1984 | -4.0% | +7.0 pp |
| 1983 | -11.0% | +5.1 pp |
| 1982 | -16.1% | -19.1 pp |
| 1981 | +3.0% | -2.8 pp |
| 1980 | +5.8% | — |
4. Saudi Arabia GDP Growth Performance
Current Growth Rate
+3.1%
(2026 to 2026)
5-Year Average
+4.5%
(2022 to 2026)
10-Year Average
+3.2%
(2017 to 2026)
20-Year Average
+3.7%
(2007 to 2026)
Saudi economic performance increasingly reflects both energy-sector conditions and strong investment in non-oil development. Large infrastructure projects, tourism expansion, and private-sector initiatives are helping diversify sources of economic activity.
5. Saudi Arabia GDP Growth Rate vs Asia and World
Saudi Arabia
+3.1%
Asia Average
+2.4%
World Average
+2.8%
0.0%
1.6%
3.1%
Annual real GDP growth (%)
Saudi Arabia’s GDP growth rate is approximately
0.8 pp
above the
Asia average
and
0.3 pp
above the world average.
6. Saudi Arabia GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #24 | Singapore | +3.5% |
| #25 | Oman | +3.5% |
| #26 | Turkey | +3.4% |
| #27 | United Arab Emirates | +3.1% |
| #28 | Saudi Arabia | +3.1% |
| #29 | North Korea | +3.1% |
| #30 | Maldives | +3.0% |
| #31 | Afghanistan | +3.0% |
| #32 | Myanmar | +3.0% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Saudi Arabia
Saudi Arabia GDP (Nominal)
$1.39 Trillion
(2026)
Saudi Arabia GDP Growth Rate
+3.1%
(2026)
Saudi Arabia’s growth can differ substantially from global and regional averages because changes in oil production strongly affect overall output. At the same time, expanding non-oil sectors are making the economy less dependent on a single source of growth.
Explore more:
Saudi Arabia GDP
9. Saudi Arabia GDP Growth Rate Forecast
The outlook is supported by economic diversification, tourism, infrastructure, investment, and development of non-oil industries. Oil-market conditions, government spending, project execution, global demand, and geopolitical risks remain important influences.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +4.5% | +1.4 pp |
| 2028 | +3.6% | -0.9 pp |
| 2029 | +3.5% | -0.1 pp |
| 2030 | +3.5% | 0.0 pp |
10. Saudi Arabia GDP Growth Rate: Key Findings
Saudi Arabia GDP growth rate is estimated at +3.1% in 2026.
It ranks #88 globally and #28 in Asia by annual GDP growth rate.
The growth rate slowed by 1.4 percentage points compared with 2025.
The 5-year average GDP growth rate is +4.5%.
The 10-year average GDP growth rate is +3.2%.
The current rate is 0.8 percentage points above the Asia average.
The current rate is 0.3 percentage points above the world average.
The forecast GDP growth rate is +3.5% in 2030, 0.4 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Saudi Arabia GDP Growth Rate FAQs
Saudi Arabia GDP growth rate is estimated at +3.1% in 2026.
Saudi Arabia ranks #88 globally and #28 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.1% in 2026.
Saudi Arabia GDP growth rate was +4.7% in 2015.
Saudi Arabia GDP growth rate is 0.8 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.