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Non-Oil Growth Drives 2.7% Rise of Saudi GDP in Q1 2025
The non-oil sector saw a growth of 4.2% while oil activities shrink by 1.4%, according to the General Authority for Statistics.
May 02, 2025
Saudi Arabia’s GDP grew by 2.7% year-on-year in Q1 2025, driven by a 4.2% rise in non-oil sectors and 3.2% growth in government activities, according to revised data from the General Authority for Statistics (GASTAT). Oil activities have declined by 1.4%.
GASTAT updated its GDP methodology to increase non-oil sector weightings, aligning with international standards. Private sector growth remained robust, linked to Vision 2030’s investment programs, while higher oil prices in Q1 temporarily boosted government spending.
The overhaul aims to enhance transparency and align with global economic reporting practices.
