Saudi Arabia’s GDP grows 3.9% in Q2 2025

Saudi Arabia’s non-oil activities up 4.6% in Q2 2025, oil activities rise 3.8%

Saudi Arabia’s real gross domestic product (GDP) grew by 3.9% year-on-year (YoY) in Q2 2025, according to the General Authority for Statistics (GASTAT).

The authority said it adopted the moving chain methodology in calculating the real GDP and issued the Q4 2023 bulletin and the annual bulletin based on the new methodology, transitioning from the traditional fixed base-year methodology.

The moving chain methodology is a dynamic approach used to measure economic growth rates, specifically in estimating real growth rates for national accounts.

This approach uses weights and prices from the year prior to the year of measurement to provide a measurement across contiguous time periods, accurately reflecting the current economic conditions of any country using this methodology.

By sector, non-oil activities grew 3.9%, government activities (+1.6%), private activities (+4.6%), and oil activities (+3.8%).

*The moving chain methodology is a non-additive model, so subcomponents do not correspond to totals.

Saudi Arabia’s nominal GDP declined 0.5% YoY in Q2 2025 to SAR 1.168 trillion.

By sector, oil activities contracted 16.7% at current prices, while non-oil activities expanded 4.9%. Government activities grew 1.8%, and private activities rose 6%.

The table below shows the GDP by regulatory sectors at current prices:

GDP by Regulatory Sectors (Current Prices) (SAR bln)

The table below indicates Saudi GDP growth since 2018: