🇸🇦 Saudi Arabia Industry, value added

Saudi Arabia Industry, value added was $2.16T in 2024, down 0.9% from 2023, according to World Bank data. The 10-year average is $2.01T. Historical data available from 1968 to 2024 (57 data points). The all-time high was $2.27T in 2022.

Source: World Bank World Development Indicators • 1968202457 data pointsEconomy & Growth

Latest Value
$2.16T
2024
Year-on-Year
-0.9%
vs 2023
10-Year Average
$2.01T
20152024
Range
High: $2.27T (2022)
Low: $294.25B (1968)

Saudi Arabia Industry (including construction), value added (constant LCU)1968 to 2024

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About this Indicator

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$2.16T
2023$2.18T
2022$2.27T
2021$1.95T
2020$1.84T
2019$1.95T
2018$1.97T
2017$1.92T
2016$1.94T
2015$1.90T

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