Population, Total for Saudi Arabia

POPTOTSAA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

35,300,280.00

Year-over-Year Change

34.89%

Date Range

1/1/1960 - 1/1/2024

Summary

The 'Population, Total for Saudi Arabia' trend measures the total population of Saudi Arabia over time. This metric is crucial for economists and policymakers to understand demographic and labor force trends.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This data series represents the total number of people residing within the geographic borders of Saudi Arabia. It is an important indicator for analyzing population growth, urbanization, and potential labor supply in the country.

Methodology

The data is collected by the World Bank through official government sources and statistical agencies.

Historical Context

Policymakers and analysts use this population data to assess economic development, plan infrastructure, and forecast future trends.

Key Facts

  • Saudi Arabia's population reached over 34 million in 2020.
  • The population has grown by over 2% annually in recent years.
  • Over 80% of the population lives in urban areas.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total population residing within the geographic borders of Saudi Arabia over time.

Q: Why is this trend relevant for users or analysts?

A: The total population is a crucial indicator for understanding demographic and labor force trends in Saudi Arabia, which is essential for economic analysis and policymaking.

Q: How is this data collected or calculated?

A: The data is collected by the World Bank through official government sources and statistical agencies.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this population data to assess economic development, plan infrastructure, and forecast future trends.

Q: Are there update delays or limitations?

A: The data is updated annually, and there may be some delays in reporting from source agencies.

Related Trends

Citation

U.S. Federal Reserve, Population, Total for Saudi Arabia (POPTOTSAA647NWDB), retrieved from FRED.