Saudi Economy Grows 4.8% in Q3 on Oil, Non-Oil Sectors
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Saudi economy grows 4.8% in Q3 on oil, non-oil sectors
Quarter-on-quarter, oil activities increased by 3.3 per cent, non-oil activities rose by 0.6 per cent, and government activities grew by 1.1 per cent, the data showed The post Saudi economy grows 4.8% in Q3 on strength of oil, non-oil sectors appeared first on Gulf Business.
Saudi Arabia’s third-quarter GDP growth at 4.8%
Saudi Arabia has slightly revised down its estimate for GDP growth in the third quarter, putting the economy behind its most optimistic forecasts for 2025. Total real GDP increased by 4.8 percent year on year in Q3, according to a document issued by the General Authority for Statistics on Monday. Seasonally adjusted real GDP was up 1.4 percent on the previous quarter. At the end of October, GAStat published a flash estimate of 5 percent real GDP…
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