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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 700 USD Billion 2020
GDP Annual Growth Rate 9.9 % 1Q/22
GDP Growth Rate 2.6 % 1Q/22
GDP per capita 18691 USD 2020
Inflation Rate YoY 2.2 % May/22
Interest Rate 2.25 % Jun/22
Unemployment Rate 6 % 1Q/22
Balance of Trade 81845 SAR Million | 21.825 B USD 1Q/22
Current Account 37411 USD Million | 37.411 B USD 1Q/22
Foreign Exchange Reserves 1693759 SAR Million | 451.669 B USD Apr/22


GDP Indicators

Indicator Data Period
GDP Value 700 USD Billion 2020
GDP Annual Growth Rate 9.9 % 1Q/22
GDP Growth Rate 2.6 % 1Q/22
GDP per capita 18691 USD 2020
GDP Constant Prices 698001 SAR Million | 186.134 B USD 1Q/22
GDP per capita PPP 44328 USD 2020
GDP From Agriculture  17131 SAR Million | 4.568 B USD 1Q/22
GDP From Construction  29367 SAR Million | 7.831 B USD 1Q/22
GDP From Manufacturing  84906 SAR Million | 22.642 B USD 1Q/22
GDP From Mining  255407 SAR Million | 68.109 B USD 1Q/22
GDP From Transport  40536 SAR Million | 10.81 B USD 1Q/22
GDP From Utilities  3329 SAR Million | 0.888 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 32.5 % 2020
Government Budget Value -73447 SAR Million | -19.586 USD Billion 2021
Government Spending 171191 SAR Million | 45.651 USD Billion 1Q/22
Government Revenues 965486 SAR Million | 257.463 USD Billion 2021
Fiscal Expenditure  1038933 SAR Million | 277.049 B USD 2021
Government Budget to GDP -11.2 % 2020
Military Expenditure 55535 USD Million | 55.535 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 106 index points May/22
Food Inflation 4.2 % May/22
Gasoline Prices 0.62 USD/Liter Jun/22
GDP Deflator 104 index points 2020
Inflation Rate YoY 2.2 % May/22
Producer Prices 151 index points May/22
Inflation Rate Mom 0.1 % May/22
CPI Housing Utilities 88.9 Index Points May/22
CPI Transportation 117 Index Points May/22
Producer Prices Change  10.2 % May/22


Trade Indicators

Indicator Data Period
Current Account to GDP -2.8 % 2020
Balance of Trade 81845 SAR Million | 21.825 USD Billion 1Q/22
Capital Flows 22399 USD Million | 22.399 USD Billion 4Q/21
Current Account 37411 USD Million | 37.411 USD Billion 1Q/22
Exports 137119 SAR Million | 36.565 USD Billion 1Q/22
Foreign Exchange Reserves 1693759 SAR Million | 451.669 USD Billion Apr/22
Imports 55274 SAR Million | 14.74 USD Billion 1Q/22
Tourism Revenues  5960 USD Million | 5.96 B USD 2020
Tourist Arrivals 16214 Thousand Persons | 16.214 Million Persons 2019


Money Indicators

Indicator Data Period
Gold Reserves 323 Tonnes 1Q/22
Interbank Rate 2.66 % May/22
Interest Rate 2.25 % Jun/22
Loans to Private Sector 2152622 SAR Million | 574.033 USD Billion Apr/22
Money Supply M0 365405 SAR Million | 97.441 USD Billion May/22
Money Supply M1 1569744 SAR Million | 418.598 USD Billion May/22
Money Supply M2 2087172 SAR Million | 556.579 USD Billion May/22
Money Supply M3 2384965 SAR Million | 635.991 USD Billion May/22
Central Bank Balance Sheet 1845559 SAR Million | 492.149 B USD Apr/22
Deposit Interest Rate 1.57 % Jun/22
Foreign Direct Investment 1965 USD Million | 1.965 B USD 1Q/22


Labor Indicators

Indicator Data Period
Retirement Age Men 60 2020
Retirement Age Women 60 2020
Unemployment Rate 6 % 1Q/22
Employed Persons 9787 Thousand Person | 9.787 Million Person 2021
Labor Force Participation Rate 60.4 % 1Q/22
Unemployed Persons 945387 Persons | 0.945 Million Persons 4Q/19


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 10538 BBL/D/1K May/22
Industrial Production 26.7 % 1Q/22
Mining Production 28.3 % 1Q/22
Steel Production 440 Thousand Tonnes Dec/20
Industrial Production (MoM) 0.5 % 1Q/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 55.7 index points May/22
Manufacturing Production 25.1 % 1Q/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 343374 SAR Million | 91.566 USD Billion 1Q/22
Households Debt To GDP 16.1 % 3Q/21