Wealth share of the richest 1% in Saudi Arabia
Saudi Arabia: Wealth share of the richest 1% was 30.1% in 2024. ▼ Falling
Wealth share of the richest 1% in Saudi Arabia, 1820–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for wealth share of the richest 1% in Saudi Arabia is 30.1%, measured in 2024. That is the lowest value across all 56 years on record.
That represents a change of down 0.1% on the previous year and down 0.4% over ten years.
Over the whole period, wealth share of the richest 1% in Saudi Arabia peaked at 47.0% in 1970 and was at its lowest, 30.1%, in 2024.
That places Saudi Arabia 57th out of 215 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 42.8% | 42.8% | 42.8% | 1 |
| 1850s | 44.6% | 44.6% | 44.6% | 1 |
| 1880s | 45.5% | 45.5% | 45.5% | 1 |
| 1900s | 46.2% | 46.2% | 46.2% | 1 |
| 1910s | 45.9% | 45.9% | 45.9% | 1 |
| 1920s | 46.1% | 46.1% | 46.1% | 1 |
| 1930s | 46.1% | 46.1% | 46.1% | 1 |
| 1940s | 46.0% | 46.0% | 46.0% | 1 |
| 1950s | 45.2% | 45.2% | 45.2% | 1 |
| 1960s | 46.0% | 46.0% | 46.0% | 1 |
| 1970s | 47.0% | 47.0% | 47.0% | 1 |
| 1980s | 30.1% | 30.1% | 30.2% | 10 |
| 1990s | 30.5% | 30.1% | 32.2% | 10 |
| 2000s | 31.2% | 30.5% | 32.6% | 10 |
| 2010s | 30.4% | 30.1% | 31.3% | 10 |
| 2020s | 30.1% | 30.1% | 30.2% | 5 |
Countries ranked near Saudi Arabia
More reference data data for Saudi Arabia
- Spring temperature anomalies -0.1508 °C (2026)
- Summer temperature anomalies 0.988 °C (2026)
- Temperature anomalies by month 0.6025 °C (2026)
- Universal right to vote in practice 0 (2025)
- Autumn temperature anomalies 0.9644 °C (2025)
- Winter temperature anomalies 0.5548 °C (2025)
- Consumer price index 138.56 2010 = 100 (2025)
- Universal right to vote 0 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 0 (2025)
Frequently asked questions
- What is wealth share of the richest 1% in Saudi Arabia?
- Wealth share of the richest 1% in Saudi Arabia was 30.1% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Saudi Arabia?
- The highest recorded value was 47.0% in 1970.
- What is the lowest wealth share of the richest 1% recorded in Saudi Arabia?
- The lowest recorded value was 30.1% in 2024.
- How does Saudi Arabia rank for wealth share of the richest 1%?
- Saudi Arabia ranks 57th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Saudi Arabia?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
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About this data
The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.