Riyadh-Agencies
Saudi Arabia ranked tenth among the G20 countries in per capita GDP on a purchasing power parity (PPP) basis, where Saudi per capita GDP reached about 31.3 thousand - in current dollar value in international markets - during 2013, up by 21.7TP3T from 2012.

In its report, the IMF expects Saudi per capita GDP on a purchasing power parity basis to grow by 31.9TP3T in 2014 to reach about 32.5K in current dollars. The Fund also expected the pace of growth to accelerate over the next five years to reach Saudi per capita GDP on a purchasing power parity basis during 2018 to about 38.5 thousand in current dollars, which makes the Saudi economy ranked ninth among the G20 countries in Saudi per capita GDP on a purchasing power parity basis by the end of 2018.

The International Monetary Fund (IMF) expects the Saudi economy to continue to shine over the next five years to record the Kingdom's GDP on a purchasing power parity basis the highest level in the Middle East and North Africa by the end of 2018 at about 1.26 trillion dollars in the current global value of the US dollar, equivalent to 4.73 trillion riyals.

GDP on a purchasing power parity basis reached its highest level in the history of the Saudi economy in 2013 to reach 927.8 billion in current dollars in international markets, up by 51.0TP3T from 2012, and the International Monetary Fund expected it to grow by 61.% in 2014 to reach 984.3 billion in current dollars in international markets.