macro
Saudi Arabia · Real GDP Growth · % y/y
Latest
4.5pct
Methodology
## What this measures
How much more Saudi Arabia's economy produced this year than last, after stripping out inflation.
## Why it matters
Growth is what makes debt affordable: when growth outruns the interest rate on the debt, the debt ratio can fall without austerity.
## How to read it
Compare with the country's trend and with its interest rate. A single year is noisy; the three-year average is the steadier read (it is what Country Strength uses).
## What it does not say
GDP measures output, not welfare or distribution. Small, open economies (Ireland, Luxembourg) can swing on multinational accounting.
## Source
Source: World Bank, World Development Indicators (CC BY 4.0), indicator `NY.GDP.MKTP.KD.ZG`, annual.
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