Table of Contents

    The Economy of Saudi Arabia

    📊Economic Indicators

    Major Indicators

    Saudi Arabia
    Global Median

    Latest Indicator Releases

    Mar 18, 2023LatestPrevious
    Inflation2.9603.350
    Consumer Price Index (CPI)108.67108.75
    Mar 16, 2023LatestPrevious
    Investment Growth26.4449.00
    Capital Formation (% of GDP)26.1625.95
    Consumption36.9233.66
    Consumption Growth6.9706.190
    Mar 15, 2023LatestPrevious
    Real GDP Growth5.5208.780
    Government Expenditure259.82198.00
    GDP1.02k1.04k
    Capital Formation (Local Currency)267.78268.77

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    China$87.20b57.1$30.23b$56.96b$26.73bAsia
    India$35.76b23.42$8.07b$27.69b$19.62bAsia
    Japan$33.57b21.99$6.06b$27.51b$21.45bAsia
    United States$30.15b19.74$16.22b$13.93b-$2.29bNorth America
    South Korea$27.71b18.15$3.44b$24.27b$20.83bAsia
    United Arab Emirates$19.85b13$12.47b$7.38b-$5.09bMiddle East
    Egypt$10.46b6.85$4.21b$6.25b$2.04bAfrica
    Italy$10.33b6.76$4.60b$5.73b$1.13bEurope
    Germany$8.78b5.75$7.49b$1.29b-$6.20bEurope
    Thailand$8.15b5.34$2.34b$5.82b$3.48bAsia

    🗞News

    Saudi Arabia's Economy
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