Unemployment rate,Percent in Saudi Arabia

Saudi Arabia: Unemployment rate,Percent was 3.5% in 2024. ▬ Flat

Latest (2024)
3.5%
Change on year
down 12.2%
World rank
56th
of 71 countries
All-time high
7.6%
in 2020
All-time low
3.5%
in 2024
Years of data
26
1999–2024

Unemployment rate,Percent in Saudi Arabia, 1999–2024

024681999201120241999: 4.42000: 4.62001: 4.62002: 5.32003: 5.62004: 5.82005: 6.12006: 6.32007: 5.82008: 5.22009: 5.42010: 5.52011: 5.82012: 5.52013: 5.62014: 5.72015: 5.62016: 5.62017: 5.92018: 62019: 5.62020: 7.62021: 6.12022: 4.92023: 42024: 3.5

Source: World Bank.

Analysis

The most recent figure for unemployment rate,percent in Saudi Arabia is 3.5%, measured in 2024. That is the lowest value across all 26 years on record.

The figure is down 12.2% on the previous year and down 38.1% over ten years.

Over the whole period, unemployment rate,percent in Saudi Arabia peaked at 7.6% in 2020 and was at its lowest, 3.5%, in 2024.

Saudi Arabia ranks 56th of 71 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.4% 4.4% 4.4% 1
2000s 5.5% 4.6% 6.3% 10
2010s 5.7% 5.5% 6.0% 10
2020s 5.2% 3.5% 7.6% 5

Countries ranked near Saudi Arabia

  1. 53 Hong Kong 3.9% compare
  2. 54 Germany 3.8% compare
  3. 55 Ecuador 3.6% compare
  4. 57 Taiwan 3.3% compare
  5. 58 Romania 3.3% compare
  6. 59 Israel 3.0% compare

See the full ranking of 80 places →

More reference data data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is unemployment rate,percent in Saudi Arabia?
Unemployment rate,percent in Saudi Arabia was 3.5% in 2024, according to the World Bank.
What is the highest unemployment rate,percent recorded in Saudi Arabia?
The highest recorded value was 7.6% in 2020.
What is the lowest unemployment rate,percent recorded in Saudi Arabia?
The lowest recorded value was 3.5% in 2024.
How does Saudi Arabia rank for unemployment rate,percent?
Saudi Arabia ranks 56th out of 71 countries with data for 2024.
Is unemployment rate,percent rising or falling in Saudi Arabia?
Over the last ten years it is down 38.1%. The long-run trend across the full record is flat.
Where does this Saudi Arabia data come from?
The figures come from the World Bank, published as part of Unemployment rate,Percent,,,. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Unemployment rate,Percent,,,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 2,196 data points, 1990–2026
Last refreshed