Agriculture Sector Contribution to GDP in Saudi Arabia (1990-2022)

Agriculture Sector Contribution to GDP in Saudi Arabia (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Saudi Arabia (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Saudi Arabia
Published date: 2024
Note: Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
Saudi Arabia’s agriculture sector contributed around 5-6% to GDP in the early 1990s, decreasing to 2.4% by 2022. This decline aligns with Saudi Arabia’s strategic focus on oil and industrial diversification under Vision 2030, which emphasizes high-value sectors over primary industries. The sharp drop to 3.2% in 2005 illustrates the growing importance of oil, construction, and services in the national economy.

In recent years, the slight increase to 3.0% in 2020 reflects renewed interest in food security and local production, influenced by COVID-19 supply chain disruptions. Despite a small GDP share, agriculture remains essential for self-sufficiency goals and rural employment.

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