​Saudi GDP grows 4.8% in Q3 as non-oil sectors increase

RIYADH — Saudi Arabia’s financial system recorded regular development towards the tip of 2025, supported by resilient client exercise, increasing non-oil sectors and enhancing exterior commerce, in keeping with the most recent information launched by the Ministry of Financial system and Planning.

Knowledge compiled from the Ministry of Financial system and Planning, the Common Authority for Statistics (GASTAT), the Saudi Central Financial institution (SAMA), Tadawul and Riyadh Financial institution confirmed that actual gross home product grew by 4.8 p.c yr on yr within the third quarter of 2025.

Progress was pushed primarily by non-oil actions, which expanded by 4.3 p.c yearly, whereas oil actions posted stronger development of 8.3 p.c over the identical interval.

Labor market indicators have been combined. Saudi labor pressure participation reached 49.0 p.c within the third quarter, with male participation at 64.3 p.c and feminine participation at 33.7 p.c, in keeping with GASTAT. Saudi unemployment stood at 7.5 p.c, together with 5.0 p.c amongst males and 12.1 p.c amongst ladies.

On the fiscal and financial entrance, authorities and quasi-government deposits declined to SR438 billion within the third quarter, down 9.6 p.c quarter on quarter and seven.0 p.c yr on yr. In the meantime, financial institution claims on the federal government rose to SR649.1 billion in November, marking a ten.7 p.c annual enhance.

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Shopper spending reached SR171.4 billion in November, down 7.5 p.c month on month however up 7.2 p.c yr on yr. Shopper loans climbed to SR477 billion within the third quarter, rising 3.1 p.c yearly.

International direct funding inflows confirmed sturdy momentum, totaling SR24.9 billion within the third quarter, a year-on-year rise of 34.5 p.c, in keeping with SAMA information.

Exterior commerce additionally improved. Non-oil merchandise exports elevated to SR33.9 billion in October, up 32.3 p.c yr on yr, whereas merchandise imports indicating elevated by 4.3 p.c yearly to SR80.8 billion. Whole exports reached SR362.1 billion within the third quarter, rising 12.0 p.c yr on yr, whereas imports rose to SR336.0 billion, up 6.3 p.c.

Personal-sector exercise remained firmly in growth territory, with Riyadh Financial institution’s Buying Managers’ Index reaching 57.4 factors in December, regardless of a slight month-on-month decline.

In monetary markets, the Tadawul All Share Index ended December at 10,490.7 factors, down 12.8 p.c yr on yr. In the actual property sector, the Actual Property Worth Index stood at 103.9 factors within the third quarter, recording an annual enhance of 1.3 p.c.

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