Capital Riyadh Sovereign Ratings S&P: A– Moody’s: A1 Fitch Ratings: A+ Total Population 33.5 million Median Age 29.6 Adult Per Capita Income (PPP) 74,774.61 Total GDP (2023) 1.1 trillion Saudi Arabia GDP & Economic Overview Most Recent Content Saudi...
The Kingdom’s ‘non-oil’ sectors are expanding significantly, recording growth rates of 5.3% in 2022 and 3.8% in 2023.1Overall GDP surpassed US$1 trillion for the first time in 2022 and is forecast to grow to US$1.43 trillion in 2029, according to the IMF.2On the social front, the ...
2,959 billion Saudi Riyals, slightly below the 2023 target of 3,032 billion Saudi Riyals. However, the report emphasized that the results represent a positive step toward the ambitious Vision 2030 goal of 6,500 billion Saudi Riyals. The non-oil GDP has reached 1,889 billion Saudi Riyals, a...
.4millicn GDPPerCapita USS34.500 Source:SaudiCensus POPULATIONBYREGION POPULATIONPROJFCTIONS 20282029 Source:KnightFrank,SaudiCensus,OxfordEconomics 3 2030 heart,Riyadh,andtheambitionsofotherprovinces. WESTERNSAUDIARABIA AwAYFROMRIVADH,SAUDIARABIA'SWESTERNPROVINCHSHAVEBEENTHEFOCUSOFGIGAPROJECT DBVELOPERS,WITH...
Saudi Arabia’s total debt is projected to reach SR1.3 trillion in 2025, or 29.9 percent of GDP, which is considered a sustainable level to meet the country’s financing needs. Revised projections for the 2024 budget indicate a deficit of SR115 billion, with total debt expected to rise to...
GDP of Saudi Arabia 2029 GDP per capita of Saudi Arabia 2029 Growth of the real gross domestic product in Saudi Arabia in 2029 Share of Saudi Arabia in the global GDP adjusted for Purchasing Power Parity Unemployment rate in Saudi Arabia in 2023 Youth unemployment rate in Saudi Arabia in 2023...
Saudi Arabia’s total debt is projected to reach SR1.3 trillion in 2025, or 29.9 percent of GDP, which is considered a sustainable level to meet the country’s financing needs. Revised projections for the 2024 budget indicate a deficit of SR115 billion, with total debt expected to rise to...
Abha +00966 7; Al Khubar +00966 3; Dammam +00966 3; Ha il +00966 6; Khamis Mushayt +00966 7; Makkah +00966 2; Najran +00966 7; Rabigh +00966 2; Riyadh +00966 1; Shaqra +00966 1
"Though debt remains manageable at 26.5% of GDP, continued small pressures add up, underscoring the need for fiscal discipline and achievable goals." Solomon pointed to the desire of many Saudi residents for improvements to the infrastructure they use in their daily lives — like Riyadh's public...
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