Saudi Arabia GDP Growth Rate (YoY)
Saudi Arabia's real GDP grew by 3.4% in Q1 2025, accelerating to 3.9% in Q2 2025. This growth was driven by non-oil sectors expanding by 4.2% in Q1 and 4.7% in Q2, supported by tourism and Vision 2030 megaprojects. The oil sector rebounded with 3.8% growth in Q2, contributing to the overall acceleration while government activities grew by 3.2% in Q1. Saudi Arabia's record low GDP Growth Rate (YoY) was -7.3% in Q2 2020 and record high was 14.5% in Q2 2022.
Quarterly Historical Data (2015-2025)
(in %)Recent Events
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Saudi Arabia GDP Growth Rate (YoY) : Definition
Saudi Arabia's year-on-year GDP Growth Rate (YoY) tracks the percentage change in total economic output from one quarter to the identical quarter in the prior year. The calculation compares current quarter GDP to prior year-quarter GDP, finding the percentage difference. Oil output and prices strongly affect this growth.