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Saudi Arabia’s GDP grows 1.3% in 2024, fueled by non-oil sectors
16 hours ago · Saudi Arabia's real GDP grew 1.3% in 2024, driven by a 4.3% expansion in the non-oil sector. The oil sector contracted by 4.5% due to OPEC+ production cuts.
Saudi Arabia GDP grew 1.3% in 2024, govt estimate shows
16 hours ago · Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the prior year, showed preliminary government data released on Thursday.
Saudi economy grows 1.3% in 2024 after Q4 surge | AGBI
16 hours ago · Saudi Arabia’s economy grew by 1.3 percent in 2024 driven by a surge in the fourth quarter and growth in non-oil activities. Real GDP growth increased to 4.4 percent year on year in the last three months of 2024, having remained around 1.6 percent in …
Saudi Arabia's real GDP sees 4.4 percent growth in Q4 2024 ...
16 hours ago · Saudi Arabia’s real gross domestic product (GDP) experienced an annual increase of 4.4 percent in the fourth quarter of 2024, representing its highest growth in two years, according to official data from GASTAT. Saudi Arabia’s economy made a comeback in 2024, with real gross domestic product rising by 1.3 percent compared to the previous year.
Saudi Arabia says GDP grew 1.3 pct in 2024, lifted by non-oil ...
16 hours ago · Saudi Arabia’s economy returned to growth in 2024, with real gross domestic product increasing 1.3 percent compared to the previous year, preliminary government data released on Thursday showed ...
Saudi Arabia's Q4 GDP expands at fastest quarterly pace since ...
16 hours ago · Saudi Arabia estimates its economy to expand by 4.6 per cent this year and 3.5 per cent in 2026. Earlier this month, the International Monetary Fund downgraded its GDP expansion forecast for the kingdom by 1.3 percentage points to 3.3 per cent for 2025, citing slower growth of the oil sector and extend production cuts by Opec+.
Saudi Economy Grows at Fastest Quarterly Pace Since 2022
16 hours ago · Saudi Arabia’s economy grew in the fourth quarter at the quickest pace since 2022 as the non-oil sector expands under the kingdom’s multi-billion dollar strategy to diversify the economy.
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