Saudi Arabia: Adjusted net national income (current US$)

Key figures

What the numbers say

In 2020, Saudi Arabia's adjusted net national income (current US$) fell 10.9% on 2019 (from US$666.88 billion to US$594.4 billion).

Across the 30 yearly changes before that (1990 to 2019), the average change was +7.5% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 225.1% in 1974 and the biggest yearly fall was 14.9% in 1986. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 the straight-line trend is upward, about US$9.96 billion a year. A straight line explains 34% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Saudi Arabia in the 2020 ranking

• Türkiye — 1st of 5: US$600.19 billion
• United Arab Emirates — 3rd of 5: US$318.73 billion
• Bahrain — 4th of 5: US$25.4 billion
• Syrian Arab Republic — 5th of 5: US$10.09 billion

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 51 values

Adjusted net national income (current US$) in nearby economies

• Afghanistan — US$13.62 billion (2021)
• Algeria — US$125.76 billion (2021)
• Bahrain — US$25.4 billion (2020)
• Djibouti — US$3.08 billion (2021)
• Egypt, Arab Rep. — US$353.38 billion (2021)
• Iran, Islamic Rep. — US$263.72 billion (2021)
• Iraq — US$160.74 billion (2021)
• Israel — US$407.6 billion (2021)
• Jordan — US$43.54 billion (2021)
• Kuwait — US$129.18 billion (2019)

More economic policy & debt data for Saudi Arabia

• Total reserves, including gold (current US$) — US$505.16 billion (2025)
• Total reserves, excluding gold (current US$) — US$459.8 billion (2025)
• GDP (current US$) — US$1.28 trillion (2025)
• GDP (current LCU) — 4.79 trillion (2025)
• GDP (constant 2015 US$) — US$926.78 billion (2025)
• GDP (constant LCU) — 4.9 trillion (2025)
• GDP per capita (current US$) — US$34,537 (2025)
• GDP per capita (current LCU) — 129,512 (2025)
• GDP per capita (constant 2015 US$) — US$25,066 (2025)
• GDP per capita (constant LCU) — 132,580 (2025)

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Questions people ask

What is Saudi Arabia's adjusted net national income (current US$)?

US$594.4 billion in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 15,254% from US$3.87 billion in 1970 (10.59% a year on average, compounded). The highest value was US$670.84 billion in 2018 and the lowest US$3.87 billion in 1970.

Is the latest change in adjusted net national income (current US$) unusual for Saudi Arabia?

In 2020, Saudi Arabia's adjusted net national income (current US$) fell 10.9% on 2019 (from US$666.88 billion to US$594.4 billion). Across the 30 yearly changes before that (1990 to 2019), the average change was +7.5% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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