Saudi Real Gross Domestic Product (GDP) grows by 3.9% in Q2/2025

According to flash estimates by the General Authority for Statistics (GASTAT), real GDP of Saudi Arabia increased by 3.9% in Q2/2025 compared to Q2/2024. This increase in GDP was due to increases in all main economic activities. Non-oil activities recorded the highest growth at 4.7% followed by oil activities at 3.8% and government activities by 0.6% year-on-year.

Contribution to growth rate of real GDP

The main driver of growth in real GDP was non-oil activities, which contributed 2.7 percentage points (PP), oil activities contributed 0.9 (PP), government activities and net taxes on products also contributed positively 0.1 and 0.2 (PP), respectively.

Seasonally adjusted real GDP growth tares

Seasonally adjusted real GDP increased 2.1% in Q2/2025, compared to the previous quarter Q1/2025. This increase was due to the largest increase in oil activities since Q3/2021, up by 5.6% this quarter. Non-oil activities grew by 1.6% while government activities recorded a decrease of 0.8%.