2023/12/12
According to the budget report of Saudi Arabia for the year 2024, the country's GDP has grown by 66% since 2016.
The current GDP of Saudi Arabia has reached 1.09 trillion US dollars. The budget projections for 2024 indicate a profit of 312 billion US dollars and expenditures of 333 billion US dollars, demonstrating Saudi Arabia's ability to maintain fiscal balance.
Saudi Arabia anticipates a real economic growth rate of 4.4% in 2024, with the primary contributions coming from non-oil industries.