Saudi Gazette report
RIYADH — Saudi Arabia’s actual GDP recorded a progress of three.9 p.c throughout the second quarter of 2025 in comparison with the identical interval in 2024. This was revealed within the GDP and Nationwide Accounts bulletin for Q2 2025, printed by the Common Authority for Statistics (GASTAT) on Monday.
The bulletin signifies that every one main financial actions skilled annual progress. Non-oil actions elevated by 4.6 p.c, and it was adopted by oil actions by 3.8 p.c enhance, and authorities actions by 0.6 p.c enhance. Non-oil actions have contributed 2.6 share factors (PP) to total progress, whereas oil actions and internet taxes on merchandise added 0.9 and 0.3 PP respectively.
Seasonally adjusted actual GDP rose by 1.7 p.c throughout the second quarter in comparison with the primary quarter of 2025, with oil actions rose by 5. 6 p.c, whereas non-oil actions grew barely by 0.8 p.c, and authorities actions declined by 0.8 p.c.
Amongst financial sectors, electrical energy, fuel, and water actions recorded the very best annual progress price at 10.3 p.c, adopted by monetary, insurance coverage, and enterprise providers at 7 p.c, and wholesale and retail commerce, eating places, and motels at 6.6 p.c.
On the expenditure aspect, non-public closing consumption expenditure rose by 4.1 p.c yearly, whereas gross mounted capital formation declined by 6.5 p.c. Exports additionally grew by 3.6 p.c, whereas imports jumped by 9 p.c, the GASTAT bulletin identified.
