Economy in Saudi Arabia

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Saudi Arabia

Official symbols in Saudi Arabia:

         
Flag Saudi ArabiaCoat of arms Saudi Arabia


Economy in Saudi Arabia


The continent: Asia
  
Iso2:SA
  
Iso3:SAU

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Saudi Arabia


GDP, PPP

1 690 000 000 000 current international $[?] (2015)
(descending): 14 in the world of 194 (93,30%); 7 place in Asia 48 (87,50%)
27,81 % (5,56 % annual) ↘
min: 374 000 000 000; max: 1 690 000 000 000; max-min: 1 316 000 000 000 (77,87%); mid: 1 032 000 000 000;
658 000 000 000 (38,93%)

GDP

646 000 000 000 current US$[?] (2015)
(descending): 20 in the world of 199 (90,45%); 8 place in Asia 48 (85,42%)
18,42 % (3,68 % annual) ↘
min: 4 187 777 711; max: 754 000 000 000; max-min: 749 812 222 289 (99,44%); mid: 379 093 888 856;
266 906 111 145 (41,32%)

GDP per capita, PPP

53 539 current international $[?] (2015)
(descending): 13 in the world of 194 (93,81%); 8 place in Asia 48 (85,42%)
19,03 % (3,81 % annual) ↘
min: 22 843; max: 53 539; max-min: 30 696 (57,33%); mid: 38 191;
15 348 (28,67%)

Reserves in Saudi Arabia


Total reserves

627 000 000 000 current US$[?] (2015)
(descending): 3 in the world of 184 (98,91%); 3 place in Asia 46 (95,65%)
26,79 % (5,36 % annual) ↘
min: 185 058 400; max: 744 000 000 000; max-min: 743 814 941 600 (99,98%); mid: 372 092 529 200;
254 907 470 800 (40,66%)

Total reserves minus gold

616 000 000 000 current US$[?] (2015)
(descending): 3 in the world of 184 (98,91%); 3 place in Asia 46 (95,65%)
27,76 % (5,55 % annual) ↘
min: 166 760 000; max: 732 000 000 000; max-min: 731 833 240 000 (99,98%); mid: 366 083 380 000;
249 916 620 000 (40,57%)

Gross savings

25,75 % of GDP[?] (2015)
(descending): 47 in the world of 164 (71,95%); 21 place in Asia 42 (52,38%)
68,62 % (13,72 % annual) ↗
min: 11,14; max: 73,66; max-min: 62,52 (84,88%); mid: 42,40;
-16,66 (-64,69%)

GDP - composition in Saudi Arabia


Household consumption

42,30 %[?] (2015)
(descending): 185 in the world of 198 (7,07%); 43 place in Asia 49 (14,29%)

Government consumption

29,60 %[?] (2015)
(descending): 8 in the world of 197 (96,45%); 1 place in Asia 49 (100%)

Investment in fixed capital

29,50 %[?] (2015)
(descending): 34 in the world of 194 (82,99%); 10 place in Asia 49 (81,63%)

investment in inventories

5,90 %[?] (2015)
(descending): 11 in the world of 166 (93,98%); 5 place in Asia 43 (90,70%)

exports of goods and services

30,70 %[?] (2015)
(descending): 113 in the world of 196 (42,86%); 28 place in Asia 51 (47,06%)

imports of goods and services

-38 %[?] (2015)
(descending): 81 in the world of 195 (58,97%); 27 place in Asia 51 (49,02%)

GDP - composition by sector of origin in Saudi Arabia


agriculture

2,40 %[?] (2015)
(descending): 164 in the world of 219 (25,57%); 38 place in Asia 49 (24,49%)

industry

42,90 %[?] (2015)
(descending): 19 in the world of 221 (91,86%); 10 place in Asia 51 (82,35%)

services

54,70 %[?] (2015)
(descending): 155 in the world of 223 (30,94%); 26 place in Asia 51 (50,98%)

GDP growth in Saudi Arabia


GDP growth rate

3,49 annual %[?] (2015)
(descending): 83 in the world of 193 (57,51%); 24 place in Asia 48 (52,08%)
36,62 % (7,32 % annual) ↗
min: -10,43; max: 22,67; max-min: 33,10 (145,99%); mid: 6,12;
-2,64 (-75,66%)

GDP per capita growth

1,34 annual %[?] (2015)
(descending): 118 in the world of 193 (39,38%); 31 place in Asia 48 (37,50%)
65,74 % (13,15 % annual) ↗
min: -15,92; max: 16,90; max-min: 32,82 (194,24%); mid: 0,486;
0,854 (63,71%)

Final consumption expenditure, etc.

70,38 % of GDP[?] (2015)
(ascending): 38 in the world of 177 (79,10%); 20 place in Asia 46 (58,70%)
25,23 % (5,05 % annual) ↘
min: 19,34; max: 89,62; max-min: 70,29 (78,43%); mid: 54,48;
15,90 (22,59%)

Foreign direct investment, net outflows

0,855 % of GDP[?] (2015)
(ascending): 104 in the world of 165 (37,58%); 19 place in Asia 42 (57,14%)
13,22 % (2,64 % annual) ↘
min: -0,547; max: 1,77; max-min: 2,32 (130,80%); mid: 0,614;
0,241 (28,15%)

Government expenditure on education, total

5,14 % of GDP[?] (2008)
(2010) (ascending): 80 in the world of 169 (53,25%); 28 place in Asia 41 (34,15%)
5,71 % (1,14 % annual) ↗
min: 3,89; max: 8,34; max-min: 4,45 (53,34%); mid: 6,11;
-0,976 (-19,01%)

Research and development expenditure

0,073 % of GDP[?] (2009)
(2010) (ascending): 16 in the world of 122 (87,70%); 6 place in Asia 33 (84,85%)
42,35 % (8,47 % annual) ↘
min: 0,042; max: 0,073; max-min: 0,031 (42,35%); mid: 0,058;
0,016 (21,18%)

Military expenditure

13,50 % of GDP[?] (2015)
(ascending): 154 in the world of 155 (1,29%); 39 place in Asia 40 (5%)
36,36 % (7,27 % annual) ↘
min: 7,25; max: 15,15; max-min: 7,90 (52,16%); mid: 11,20;
2,30 (17,01%)

Health expenditure

4,68 % of GDP[?] (2014)
(ascending): 53 in the world of 190 (72,63%); 21 place in Asia 46 (56,52%)
25,43 % (5,09 % annual) ↘
min: 2,87; max: 4,68; max-min: 1,81 (38,73%); mid: 3,78;
0,907 (19,36%)

Trade

72,53 % of GDP[?] (2015)
(descending): 112 in the world of 187 (40,64%); 27 place in Asia 48 (45,83%)
14,12 % (2,82 % annual) ↗
min: 56,47; max: 120,62; max-min: 64,15 (53,18%); mid: 88,55;
-16,02 (-22,09%)

Trade in services

16,20 % of GDP[?] (2015)
(descending): 114 in the world of 179 (36,87%); 22 place in Asia 44 (52,27%)
2,46 % (0,492 % annual) ↗
min: 6,18; max: 32,06; max-min: 25,87 (80,71%); mid: 19,12;
-2,92 (-18,01%)

Merchandise trade

57,89 % of GDP[?] (2015)
(descending): 90 in the world of 188 (52,66%); 22 place in Asia 47 (55,32%)
17,38 % (3,48 % annual) ↗
min: 45,19; max: 84,63; max-min: 39,44 (46,60%); mid: 64,91;
-7,02 (-12,12%)

Foreign direct investment, net inflows

1,26 % of GDP[?] (2015)
(descending): 142 in the world of 188 (25%); 32 place in Asia 48 (35,42%)
340,32 % (68,06 % annual) ↗
min: -8,22; max: 8,50; max-min: 16,72 (196,73%); mid: 0,139;
1,12 (88,99%)

Natural resources rents

23,37 % of GDP[?] (2015)
(descending): 12 in the world of 177 (93,79%); 4 place in Asia 47 (93,62%)
80,78 % (16,16 % annual) ↗
min: 0,152; max: 77,37; max-min: 77,22 (99,80%); mid: 38,76;
-15,39 (-65,82%)

Public debt

31 % GDP[?] (2015)
(ascending): 36 in the world of 178 (80,34%); 13 place in Asia 42 (71,43%)