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General profile: Saudi Arabia

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
36.409 Millions
3.750 SAR/US$
1 061 976 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 2 149 690 km²
2.47 %
8.59 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+48.9 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
180 711
251 143
(e) 203 550
411 184
Merchandise imports
59 459
106 863
174 676
189 877
Merchandise trade balance
121 252
144 280
(e) 28 875
221 307
Export structure by product group in 2022
(as % of total exports)
4 %4 %21 %21 %75 %75 %
Top 5 partners in 2022
(exports, millions of US$)
76 04546 44943 84542 12124 72276 04546 44943 84542 12124 722
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
11 401
10 689
14 474
31 893
Services imports
33 095
76 772
88 036
82 801
Services trade balance
-21 694
-66 084
-73 562
-50 908
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
16.0
19.1
19.7
14.8
Travel
40.5
62.8
70.0
73.6
Other services
43.5
18.2
10.3
11.5
TRADE INDICES
More data on UNCTADstat
162115135136117961001491581611571209615112512814610684696473140113128125112891001501561581611311131601441451621291099898108
ECONOMIC TRENDS
More data on UNCTADstat
+8.6 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
328 461
528 207
654 270
1 061 976
GDP per capita, current US$
13 463
17 959
19 978
29 168
Real GDP growth, y-on-y, %
5.57
5.04
4.11
8.59
Current account balance, % of GDP
27.40
12.64
-8.67
14.20
Exchange rate (/US$)
3.750
3.750
3.750
3.750
GDP by expenditure in 2021
(as % of total GDP)
41.524.423.634.824.341.524.423.634.824.3
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.8 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
12 097.33
29 232.71
8 141.03
7 886.34
FDI outflows
-349.87
3 906.85
5 389.93
18 825.92
Personal remittances, % of GDP
0.03
0.04
0.05
..
Financial flows trends
(millions of US$)
294.9302.3334.0334.9290.8307.5295.4273.3268.8245.9243.7236.5214.4216.2123.5105.67 88619 2865 3994 5634 2471 4197 4538 1418 0128 86512 18216 30829 23336 45839 45624 33518 29312 0971 942778453504183FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2022
Balance, % of GDP
31.95
16.59
-4.48
17.31
Balance, % of imports
120.82
50.30
-11.85
71.02
Normalized balance
0.377
0.201
-0.063
0.262
Trade openness²
(sum of imports and exports as % of GDP)
666052636464627181838486838596959085
LIVING AREA
Population by living area in 2022
(% of population)
Urban 85%Urban 85%Rural 15%Rural 15%
OTHER INDICATORS
More data on UNCTADstat
0.631 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
2 582
2 319
4 260
13 896
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
44.82
53.51
70.25
Container port throughput (TEU)
..
5 313 023
7 793 767
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
0.07
0.11
0.16
..
Share of ICT goods, % of total imports
6.65
7.35
7.48
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 21 September 2023