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Saudi Arabia GDP Growth Rate (QoQ)

Saudi Arabia's Quarter-over-Quarter GDP growth rate hit 1.7% in Q2 2025. This is the highest rate since Q1 2024 and an acceleration from 1.1% in Q1 2025. The growth was driven by unwinding oil production cuts and positive contributions from non-oil activities. Saudi Arabia's record low GDP growth rate was -5.1% in Q2 2020 and record high was 5.7% in Q4 2010.

Quarterly Historical Data (2010-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 1.7%
Q1 2025 1.1%
Q4 2024 0.9%
Q3 2024 0.3%
Q2 2024 1%
Q1 2024 2.2%
Q4 2023 0.3%
Q3 2023 -2.8%
Q2 2023 -0.6%
Q1 2023 0.4%
Q4 2022 0.2%
Q3 2022 2.3%
Q2 2022 2.8%
Q1 2022 4.1%
Q4 2021 2.5%
Q3 2021 4.1%
Q2 2021 1%
Q1 2021 1.6%
Q4 2020 1.9%
Q3 2020 2.5%
Q2 2020 -5.1%
Q1 2020 -2.2%
Q4 2019 1.1%
Q3 2019 -0.6%
Q2 2019 -0.1%
Q1 2019 0.2%
Q4 2018 1.4%
Q3 2018 0.4%
Q2 2018 1.3%
Q1 2018 0.2%
Q4 2017 1%
Q3 2017 1.1%
Q2 2017 0.5%
Q1 2017 -0.5%
Q4 2016 0.7%
Q3 2016 -0.1%
Q2 2016 -0.1%
Q1 2016 1.2%
Q4 2015 0.1%
Q3 2015 0%
Q2 2015 3.2%
Q1 2015 1.1%
Q4 2014 -0.1%
Q3 2014 1.7%
Q2 2014 0.4%
Q1 2014 1.2%
Q4 2013 -1.4%
Q3 2013 4%
Q2 2013 3%
Q1 2013 -0.3%
Q4 2012 -2.6%
Q3 2012 1.8%
Q2 2012 1.1%
Q1 2012 1.5%
Q4 2011 1.7%
Q3 2011 2%
Q2 2011 1.6%
Q1 2011 2.8%
Q4 2010 5.7%
Q3 2010 1.2%
Q2 2010 3.1%
Saudi Arabia GDP Growth Rate (QoQ) : Definition
Saudi Arabia's quarter-over-quarter GDP growth rate measures the percentage change in the Kingdom's total economic output between consecutive quarters. It is calculated by comparing the real Gross Domestic Product (GDP) of the current quarter to the real GDP of the previous quarter. This metric reflects shifts in production across major sectors like oil, manufacturing and services, influenced by domestic demand and international trade including oil exports.
Indicator Last Value Prior Value Period
GDP $1.24T $1.22T 2024
GDP Annual Growth Rate 1.81% 0.54% 2024
GDP Growth Rate (YoY) 3.9% 3.4% Jun'25
GDP per Capita $24,917.19 $25,634.82 2024
GDP per Capita PPP $62,676.7 $64,481.84 2024
R&D Expenditure (% GDP) 0.56% 0.46% 2023
Real GDP $879.58B $863.96B 2024