Saudi GDP per capita hits SAR 20,605 in Q2 2021

20/09/2021 Argaam Special

Riyadh city


Saudi Arabia’s gross domestic product (GDP) per capita reached SAR 20,605 in Q2 2021, compared to SAR 16,115 a year earlier, data issued by the General Authority for Statistics (GASTAT) showed.

 

The second-quarter GDP per capita is the highest since Q4 2019, when it reached SAR 22,292.

 

Saudi GDP increased by 30% year-on-year (YoY) to SAR 735.03 billion in the second quarter of 2021.

 

GDP is the final expenditure at buyers' prices, and includes government final consumption expenditure, private final consumption expenditure, gross capital formation, and net exports (exports minus imports).

 

National Accounts Indicators

Indicator

Q2 2020

Q2 2021*

Variation

GDP (SAR bln)

564.21

735.03

+30%

GDP Per Capita (SAR)

16,115

20,605

+28%

*Preliminary data

 

The following table illustrates the GDP per capita since Q1 2019:

 

Saudi GDP Per Capita

Period

GDP Per Capita (SAR)

Q1 2019

21189

Q2

21693

Q3

21718

Q4

22292

Q1 2020

19981

Q2

16115

Q3

18972

Q4

19695

Q1 2021

19895

Q2

20605

 
 

Details and historical data of GDP

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