Saudi Arabia Fiscal Year Gross Domestic Product, Current Prices Statistics

21, Nov 2019, EST.

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Country or Region: Saudi Arabia › Change country
Economic Indicator: Fiscal Year Gross Domestic Product, Current Prices › See all Saudi Arabia indicators, › See Fiscal Year Gross Domestic Product, Current Prices data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Saudi Riyal
Currency Symbol: SAR

Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance or Treasury Latest actual data: 2015 Fiscal assumptions: IMF staff projections of oil revenues are based on WEO baseline oil prices. On the expenditure side, wage bill estimates incorporate 13th-month pay awards every three years in accordance with the lunar calendar. Expenditure projections take the 2016 budget as a starting point and assume that, to adjust to lower oil prices, capital spending continues to fall as a percentage of GDP over the medium term. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 1986 Basis of recording: Cash General government includes: Central Government;. The country team submits Central Government data, not General Government. Valuation of public debt: Nominal value Pr

Fiscal Year Gross Domestic Product, Current Prices Statistics for Saudi Arabia , Year 2015 - In Detail

Fiscal Year Gross Domestic Product, Current Prices for Saudi Arabia is SAR 2,449.57 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

In the previous year, 2014, Fiscal Year Gross Domestic Product, Current Prices for Saudi Arabia was SAR 2,826.87 Billions Fiscal Year Gross Domestic Product, Current Prices for Saudi Arabia in 2015 was or will be 13.35% less than it was or will be in 2014.

In the following or forecasted year, 2016, Fiscal Year Gross Domestic Product, Current Prices for Saudi Arabia was or will be SAR 2,318.53 Billions, which is 5.35% more than the 2015 figure.

* Source: IMF
Fiscal Year Gross Domestic Product, Current Prices for Saudi Arabia, in other Years
Year Billions
  2021 3,048.75
  2020 2,918.47
  2019 2,780.26
  2018 2,623.64
  2017 2,473.73
  2016 2,318.53
2015 2,449.57
  2014 2,826.87
  2013 2,791.26
  2012 2,752.33
  2011 2,510.65
  2010 1,975.54
  2009 1,609.12
  2008 1,949.24
  2007 1,558.83
  2006 1,411.49
  2005 1,230.77
  2004 970.283
  2003 809.279
  2002 711.022
  2001 690.516
  2000 710.681
  1999 606.439
  1998 550.408
  1997 621.534
  1996 594.191
  1995 536.82
  1994 506.23
  1993 497.965
  1992 513.394
  1991 495.176
  1990 440.525
  1989 357.065
  1988 330.519
  1987 320.931
  1986 322.02
  1985 376.318
  1984 421.558
  1983 446.288
  1982 525.334
  1981 623.367
  1980 547.381