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Economy of Saudi Arabia. Statistics, Data and Indicators

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Saudi Arabia
86A- Credit rank #25
149.58 Quality of life #33
52 Corruption rank#51
62 Ease of doing business#88
Saudi Arabia


Saudi Arabia Major Economic Indicators

Indicator Data Period
GDP Value 834 USD Billion 2021
GDP Annual Growth Rate 8.6 % 3Q/22
GDP Growth Rate 2.6 % 3Q/22
GDP per capita 19018 USD 2021
Inflation Rate YoY 3 % Oct/22
Interest Rate 4.5 % Nov/22
Unemployment Rate 5.8 % 2Q/22
Balance of Trade 64613 SAR Million | 17.187 B USD 3Q/22
Current Account 45365 USD Million | 45.365 B USD 2Q/22
Foreign Exchange Reserves 1740495 SAR Million | 462.971 B USD Oct/22


GDP Indicators

Indicator Data Period
GDP Value 834 USD Billion 2021
GDP Annual Growth Rate 8.6 % 3Q/22
GDP Growth Rate 2.6 % 3Q/22
GDP per capita 19018 USD 2021
GDP Constant Prices 683086 SAR Million | 181.701 B USD 2Q/22
GDP per capita PPP 45104 USD 2021
GDP From Agriculture  15521 SAR Million | 4.129 B USD 2Q/22
GDP From Construction  28544 SAR Million | 7.593 B USD 2Q/22
GDP From Manufacturing  81470 SAR Million | 21.671 B USD 2Q/22
GDP From Mining  267678 SAR Million | 71.202 B USD 2Q/22
GDP From Transport  37360 SAR Million | 9.938 B USD 2Q/22
GDP From Utilities  8075 SAR Million | 2.148 B USD 2Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 30 % 2021
Government Budget Value -73447 SAR Million | -19.537 USD Billion 2021
Government Spending 206574 SAR Million | 54.949 USD Billion 2Q/22
Government Revenues 965486 SAR Million | 256.819 USD Billion 2021
Fiscal Expenditure  1038933 SAR Million | 276.356 B USD 2021
Government Budget to GDP -2.3 % 2021
Military Expenditure 55564 USD Million | 55.564 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 108 index points Oct/22
Food Inflation 4.4 % Oct/22
Gasoline Prices 0.62 USD/Liter Nov/22
GDP Deflator 120 index points 2021
Inflation Rate YoY 3 % Oct/22
Producer Prices 149 index points Oct/22
Inflation Rate Mom 0.2 % Oct/22
CPI Housing Utilities 91.76 Index Points Oct/22
CPI Transportation 119 Index Points Oct/22
Producer Prices Change  4.6 % Oct/22


Trade Indicators

Indicator Data Period
Current Account to GDP 6.6 % 2021
Balance of Trade 64613 SAR Million | 17.187 USD Billion 3Q/22
Capital Flows 40920 USD Million | 40.92 USD Billion 2Q/22
Current Account 45365 USD Million | 45.365 USD Billion 2Q/22
Exports 124661 SAR Million | 33.16 USD Billion 3Q/22
Foreign Exchange Reserves 1740495 SAR Million | 462.971 USD Billion Oct/22
Imports 60047 SAR Million | 15.972 USD Billion 3Q/22
Tourism Revenues  5960 USD Million | 5.96 B USD 2020
Tourist Arrivals 15422 Thousand Persons | 15.422 Million Persons 2020


Money Indicators

Indicator Data Period
Gold Reserves 323 Tonnes 3Q/22
Interbank Rate 4.97 % Oct/22
Interest Rate 4.5 % Nov/22
Loans to Private Sector 2282004 SAR Million | 607.013 USD Billion Oct/22
Money Supply M0 359821 SAR Million | 95.712 USD Billion Oct/22
Money Supply M1 1529483 SAR Million | 406.842 USD Billion Oct/22
Money Supply M2 2133403 SAR Million | 567.485 USD Billion Oct/22
Money Supply M3 2470690 SAR Million | 657.203 USD Billion Oct/22
Central Bank Balance Sheet 1977188 SAR Million | 525.932 B USD Oct/22
Deposit Interest Rate 3.7 % Dec/22
Foreign Direct Investment 2095 USD Million | 2.095 B USD 2Q/22


Labor Indicators

Indicator Data Period
Retirement Age Men 60 2022
Retirement Age Women 60 2022
Unemployment Rate 5.8 % 2Q/22
Employed Persons 9787 Thousand Person | 9.787 Million Person 2021
Labor Force Participation Rate 60.8 % 2Q/22
Unemployed Persons 1015820 Persons | 1.016 Million Persons 1Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 10957 BBL/D/1K Oct/22
Industrial Production 15.7 % 3Q/22
Mining Production 14.2 % 3Q/22
Steel Production 440 Thousand Tonnes Dec/20
Industrial Production (MoM) -0.4 % 3Q/22


Business Indicators

Indicator Data Period
Business Confidence 3 index points 2Q/16
Corruption Index 53 index points 2021
Corruption Rank 52 place 2021
Ease of Doing Business 62 place 2019
Manufacturing PMI 58.5 index points Nov/22
Manufacturing Production 22 % 3Q/22
Competitiveness Index 70.03 Index Points 2019
Competitiveness Rank 36 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 126 index points 4Q/21
Consumer Spending 343009 SAR Million | 91.24 USD Billion 2Q/22
Households Debt To GDP 15.2 % 1Q/22