Abstract
Oil is an important factor especially, in Gulf countries adding to the National revenue and having an impact on the GDP. Saudi Arabia and Kuwait are major oil producing countries. The research aims to analyze the impact of the global oil price on the per capita GDP and overall development in Saudi Arabia and Kuwait during the period 2000 to 2019. The research is based on data obtained from statistical reports and bulletins issued by OPEC and the World Bank data. The research uses the descriptive approach and the analytical standard approach through statistical and standard methods to analyze the research data by using E -views program. The study reached a set of conclusions that if oil price increased by 1%, then GDP per capita in KSA increases by 164.9 %, and in Kuwait 1% increase in oil price led to 377.1% GDP per capita/ The effect of Oil Price on the GDP in the Kuwait is greater than the effect of Oil Price on the GDP in KSA, and the effect was positive in the both the countries