Saudi Arabia Gdp 2017
Thematic data tables from wdi.
Saudi arabia gdp 2017. Growth projections have been revised down since the april 2020 regional economic outlook the imf says in its latest update to the report. Gdp growth annual saudi arabia. Gdp in saudi arabia averaged 254 32 usd billion from 1968 until 2019 reaching an all time high of 792 97 usd billion in 2019 and a record. With a total worth of us 33 2 trillion saudi arabia has the second most valuable natural resources in the world.
According to the report a dismal performance in the oil and construction sectors led the economy to contract an estimated 0 7 in 2017 contrasting the 1 7 rise in 2016. Despite their efforts the pandemic has inflicted heavy economic damage on the region. Gdp per capita in saudi arabia with a population of 33 101 179 people was. Saudi arabia is part of the g20 group of countries.
Board discussions on saudi arabia. In 2017 the kingdom incurred a budget deficit estimated at 8 3 of gdp which was. Gdp growth rate in saudi arabia averaged 0 89 percent from 2010 until 2019 reaching an all time high of 8 40 percent in the fourth quarter of 2010 and a record low of 2 percent in the first quarter of 2017. Nominal current gross domestic product gdp of saudi arabia is 686 738 400 000 usd as of 2017.
Online tool for visualization and analysis. Gdp per capita current us saudi arabia from the world bank. Gdp per capita ppp current international gdp per capita current lcu gdp per capita ppp constant 2017 international inflation gdp deflator annual oil rents of gdp download. Saudi arabia executive board calendar.
The gdp value of saudi arabia represents 0 66 percent of the world economy. The general authority for statistics presented its preliminary growth estimate for 2017. Saudi arabia has an oil based economy with strong government controls over major economic activities. Gdp ppp constant 2017 international gdp current lcu gdp ppp current international gdp per capita growth annual download.
Gross domestic product of saudi arabia fell 0 9 in 2017 compared to last year. Online tool for visualization and analysis. This page provides saudi arabia gdp growth rate actual values historical data forecast chart statistics economic calendar and news. Gdp growth rate in 2017 was 0 86 representing a change of 5 911 200 000 us over 2016 when real gdp was 690 068 800 000.
The economy of saudi arabia is one of the top twenty economies in the world and the largest economy in the arab world and the middle east. The gdp figure in 2017 was 688 586 million saudi arabia is number 19 in the ranking of gdp of the 196 countries that we publish.