Saudi Arabia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$734.27 billion
↓ 12.44% vs 2019GDP per Capita
$23,271.40
↓ 16.57% vs 2019GDP Growth (Annual %)
-3.58%
↓ 4.68pp vs 2019Inflation Rate (CPI %)
3.45%
↑ 5.54pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $838.56 billion | $734.27 billion | -12.44% |
| GDP per Capita | $27,892.84 | $23,271.40 | -16.57% |
| GDP Growth (Annual %) | 1.10% | -3.58% | -4.68pp |
| Inflation (CPI %) | -2.09% | 3.45% | +5.54pp |
| Unemployment Rate (%) | 5.64% | 7.66% | +2.02pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $734.27 billion
- GDP per Capita
- $23,271.40
- GDP Growth (Annual %)
- -3.58%
- Gross National Income
- $745.49 billion
Prices & Employment
- Inflation (CPI %)
- 3.45%
- Inflation (GDP Deflator %)
- -9.18%
- Unemployment Rate (%)
- 7.66%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.48%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Saudi Arabia's Gross Domestic Product (GDP) is $734.27 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Saudi Arabia for 2020 is $23,271.40. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Saudi Arabia for 2020 is 3.45%. This measures the annual percentage change in the cost of consumer goods and services.
Saudi Arabia's annual GDP growth rate for 2020 is -3.58%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Saudi Arabia for 2020 is 7.66%. This represents the percentage of the labor force that is unemployed and actively seeking employment.