People's Republic of China
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People's Republic of China
Country

Overview

Graphic representing 2025
US$19.6 trillion
2025
Gross Domestic Product
Graphic representing 2025
0.1%
2025
Inflation
Graphic representing 2025
5.1%
2025
Unemployment Rate
Graphic representing 2025
1.4 billion
2025
Total Population
Graphic representing August 2026
⃁ 7.0 billion
August 2026
Saudi Exports to People's Republic of China
Graphic representing August 2026
⃁ 15.7 billion
August 2026
Saudi Imports from People's Republic of China

People's Republic of China

The information presented in this report shows the interaction of Saudi Arabia and People's Republic of China in terms of economic and social factors.

In 2025, the Gross Domestic Product (GDP) of People's Republic of China was US$19.6 trillion at current prices, with real growth of 5.0% over the previous year.

Inflation, measured by the average consumer price index, was 0.1% in 2025.

In 2025, the balance of trade in goods and services was a surplus of US$822.4 billion, and the current account balance was 3.7% of GDP.

The unemployment rate was 5.1% in 2025.

The total population was 1.4 billion people in 2025.

In August 2026, Saudi Arabia exported ⃁ 7.0 billion to People's Republic of China, representing 8.0% of Saudi Arabia's total exports during that month.

The main products exported by Saudi Arabia to People's Republic of China in August 2026 were mineral fuels, oils and waxes and plastics and articles thereof.

Regarding non-oil exports, these amounted to ⃁ 927.8 million in August 2026, with plastics, rubber and their articles being the main product exported to People's Republic of China.

In August 2026, Saudi Arabia imported ⃁ 15.7 billion from People's Republic of China, representing 21.9% of Saudi Arabia's total imports during that month.

The main products imported by Saudi Arabia from People's Republic of China in August 2026 were electrical machinery and equipment and parts thereof and boilers, machinery, mechanical goods; parts thereof.

People's Republic of China achieved positive growth in the foreign direct investment (FDI) stock at the end of 2025 with Saudi Arabia, which amounted to ⃁ 12.9 billion, compared to the FDI stock of 2024, which was ⃁ 10.6 billion.

Furthermore, the inflows of foreign direct investment into the Saudi economy grew by 175.5% in 2025 compared to 2024, reaching ⃁ 6.2 billion in 2025, whereas the outflows from foreign direct investment companies based in the Saudi economy were ⃁ 3.9 billion, an increase of 294.4% compared to 2024. Thus, the net flows amounted to ⃁ 2.3 billion in 2025, while in 2024, it recorded ⃁ 1.3 billion.

Economic Indicators

Real Sector Indicators

Economic Output

In 2025, the GDP deflator was 97.3 in Saudi Arabia and 116 in People's Republic of China.

The chart shows Saudi Arabia's and People's Republic of China's GDP deflator over time, reflecting changes in the prices of goods and services produced in each economy.

Consumer Prices & Inflation

In 2025, the period-average Consumer Price Index stood at 104 in Saudi Arabia and 100 in People's Republic of China.

The chart shows Saudi Arabia's and People's Republic of China's average Consumer Price Index over time.

Fiscal Indicators

Government Finances

In 2025, general government revenue was 23.3% of GDP in Saudi Arabia and 25.0% of GDP in People's Republic of China.

The chart shows Saudi Arabia's and People's Republic of China's government revenue as a share of GDP over time.

External Sector & International Trade

Trade, Investment & Savings

In 2025, goods and services import volume recorded an annual change of 3.4% in Saudi Arabia and 1.5% in People's Republic of China.

The chart shows the annual percentage change in goods and services import volume in Saudi Arabia and People's Republic of China over time.

Bilateral - Foreign Trade

In August 2026, exports from Saudi Arabia to People's Republic of China amounted to ⃁ 7.0 billion (8.0% of total exports), while imports from People's Republic of China amounted to ⃁ 15.7 billion (21.9% of total imports). As a result, the trade balance resulted in a deficit of ⃁ 8.7 billion.

The graph shows the monthly evolution of exports from Saudi Arabia to People's Republic of China and the monthly evolution of imports from People's Republic of China. The line represents the trade balance.

Bilateral - Exports by Main Section

Saudi Arabia's exports to People's Republic of China in 2025 reached a total of ⃁ 170.4 billion. The main section wise exports in terms of commercial value were mineral fuels, oils and waxes (⃁ 141.3 billion), organic chemicals (⃁ 10.7 billion), and plastics and articles thereof (⃁ 9.0 billion).

The chart shows section wise exports by Saudi Arabia to People's Republic of China annually, measured in commercial value.

Bilateral - Non-Oil Exports

Non-oil exports from Saudi Arabia to People's Republic of China in August 2026 reached a total of ⃁ 927.8 million. The main non-oil exports were plastics, rubber and their articles (⃁ 543.9 million), products of the chemical industries (⃁ 220.7 million), and base metals and their articles (⃁ 109.2 million).

The graph shows the non-oil products exported from Saudi Arabia to People's Republic of China monthly.

Bilateral - Imports by Main Section

Saudi Arabia's imports from People's Republic of China in 2025 reached a total of ⃁ 261.2 billion. The main section wise imports in terms of commercial value were electrical machinery and equipment and parts thereof (⃁ 86.7 billion), boilers, machinery, mechanical goods; parts thereof (⃁ 40.7 billion), and vehicles other than railway or tramway; parts thereof (⃁ 26.3 billion).

The chart shows section wise imports by Saudi Arabia from People's Republic of China annually, measured in commercial value.

Bilateral - External Sector

In 2025, ⃁ 12.9 billion in FDI stock were recorded, being higher by 21.7% compared to the previous year.

The graph shows the annual evolution of the stock of FDI from People's Republic of China in Saudi Arabia.

External Accounts

In 2025, the current account balance was -2.6% of GDP in Saudi Arabia and 3.7% of GDP in People's Republic of China.

The chart shows Saudi Arabia's and People's Republic of China's current account balances (credit less debit) as a share of GDP over time.

Social Indicators

Population

Population Across Countries

In 2025, the population was 35,300,000 people in Saudi Arabia and 1,404,890,000 people in People's Republic of China.

The chart shows Saudi Arabia's and People's Republic of China's populations over time.

Labor

Unemployment

In 2025, the unemployment rate was 3.2% in Saudi Arabia and 5.1% in People's Republic of China.

The chart shows Saudi Arabia's and People's Republic of China's unemployment rates over time.

For feedback and questiones: datasaudi@mep.gov.sa
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