Saudi Arabia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

3.9

Units In

2.7

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
24.2 Dec 1973	-20.7 Dec 1982	3.44 %	1969-2025	Central Department Of Statistics & Information

Saudi Arabia is the world´s biggest producer of oil and oil extraction accounts for 46 percent of GDP. The services sector represents 36 percent of the wealth including government services (13 percent), wholesale and retail trade and restaurants and hotels (8 percent) and financing, insurance and real estate (7.9 percent). Other sectors are: manufacturing (10 percent), construction and electricity, gas and water distribution (6 percent) and agriculture, forestry and fishing (2 percent).

Latest Updates

Saudi Arabia’s economy grew by 3.9% year-on-year in the second quarter of 2025, in line with preliminary estimates and following a 3.4% expansion in the first quarter. The growth was largely supported by continued strength in non-oil activities, though the pace eased slightly to 4.6% from 4.9% in the previous quarter. In addition, oil activities rebounded sharply (3.8% vs -0.4% in Q1). In contrast, government activities slowed down (0.6% vs 3.2%). Across sectors, most posted growth, with notable gains in agriculture, forestry & fishing (4.5% vs 3.3%), mining & quarrying (4.2% vs -1.4%), electricity, gas & water (10.3% vs 2.0%), construction (3.8% vs 3.2%), and finance, insurance, real estate & business services (5.0% vs 4.2%). On a seasonally adjusted quarterly basis, GDP rose by 1.7% in the June quarter, after a 1.1% increase in the previous period.