Palm trees and buildings in Saudi Arabia

GDP Per Capita in Saudi Arabia

Saudi Arabia GDP Per Capita

GDP growth declines in Q1

GDP growth moderated to 3.8% year on year in the first quarter, from 5.5% in the fourth quarter of last year. Q1’s reading marked the softest growth since Q2 2021.

Private consumption growth rose to 3.9% year on year in Q1 from a 3.7% expansion in Q4. Public consumption growth came in at 16.2% (Q4 2022: +5.7% yoy). Fixed investment growth fell to 17.6% in Q1 (Q4 2022: +20.6% yoy).

On the external front, exports of goods and services growth moderated to 2.0% in Q1 (Q4 2022: +3.5% yoy). Meanwhile, imports of goods and services growth rose to 11.2% (Q4 2022: +2.3% yoy).

Saudi Arabia GDP Per Capita Chart

This chart displays GDP per capita (USD) for Saudi Arabia from 2013 to 2022.

Saudi Arabia GDP Per Capita Data

2018 2019 2020 2021 2022
GDP per capita (USD) 25,332 24,503 20,958 25,458 31,808

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