Top 25 Wealthiest Economies in 2020: GDP PPP (USD ‘000s)
Published date 15 June 2022
Saudi Arabia is the 17th wealthiest economy in the world with a GDP PPP of $1.63 trillion USD in 2020, largely due to having the world’s 2nd largest oil reserves and being the 2nd largest oil producer. This places the Kingdom of Saudi Arabia just behind Spain and Canada and ahead of Australia.