Economic Trivia

Saudi Arabia is the world's largest petroleum exporter.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): China, United Arab Emirates, and United States
Top 3 Exported Goods (2021): Oil & Mineral Fuels, Plastics, and Organic Chemicals

Top Industries Source: CIA World Factbook

Crude Oil Production; Petroleum Refining; Basic Petrochemicals; Ammonia

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $2,150,487,122,268 (2022)
GDP Growth Rate (annual %) 8.744% (2022)
GDP Per Capita, PPP (current international) $59,065 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 17/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.474% (2022)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 15.7% (2019)
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 14.68% (2022)
Current Account Balance (BoP, current US$) $150,753,111,110 (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 15,913,705 (2022)
Employment in Agriculture (% of total employment) 2.7% (2021)
Employment in Industry (% of total employment) 20.015% (2021)
Employment in Services (% of total employment) 77.285% (2021)
Unemployment Rate 5.635% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $257,268,605,919 (2022)
Exports of goods and services (current US$) $442,349,185,230 (2022)
Total Merchandise Trade (% of GDP) 54.036% (2022)
FDI, net inflows (BoP, current US$) $7,886,341,958 (2022)
Commercial Service Exports (current US$) $31,268,819,695 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Saudi Arabia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank