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 expanded by 3.9% year-on-year in the second quarter of 2025, following a 3.4% growth in the first quarter, preliminary data showed. The stronger performance was largely driven by solid growth in non-oil activities, although the pace eased slightly to 4.7% from 4.9%. In addition, oil activities rebounded significantly, expanding by 3.8% after a 0.5% contraction in the prior quarter. Meanwhile, government activities increased by just 0.6%, slowing sharply from a 3.2% rise. On a seasonally adjusted quarterly basis, GDP grew by 2.1% in the June quarter, accelerating from a 1.1% increase in the previous period.