sa Saudi Arabia 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$666.00 billion

↓ 0.52% vs 2015
GDP per Capita

$21,515.66

↓ 4.18% vs 2015
GDP Growth (Annual %)

1.88%

↓ 2.62pp vs 2015
Inflation Rate (CPI %)

2.07%

↑ 0.86pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $669.48 billion $666.00 billion -0.52%
GDP per Capita $22,453.57 $21,515.66 -4.18%
GDP Growth (Annual %) 4.51% 1.88% -2.62pp
Inflation (CPI %) 1.21% 2.07% +0.86pp
Unemployment Rate (%) 5.60% 5.60% +0.00pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$666.00 billion
GDP per Capita
$21,515.66
GDP Growth (Annual %)
1.88%
Gross National Income
$681.35 billion
Prices & Employment
Inflation (CPI %)
2.07%
Inflation (GDP Deflator %)
-2.36%
Unemployment Rate (%)
5.60%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-3.67%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Saudi Arabia's Gross Domestic Product (GDP) is $666.00 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Saudi Arabia for 2016 is $21,515.66. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Saudi Arabia for 2016 is 2.07%. This measures the annual percentage change in the cost of consumer goods and services.

Saudi Arabia's annual GDP growth rate for 2016 is 1.88%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Saudi Arabia for 2016 is 5.60%. This represents the percentage of the labor force that is unemployed and actively seeking employment.