Saudi Arabia’s GDP rise spurred by growth across all key economic sectors
Saudi Arabia’s real gross domestic product (GDP) rose 5% year-on-year (YoY) in the third quarter of 2025, spurred by growth across all key economic sectors.
The oil sector recorded a robust 8.2% increase, while non-oil activities rose by 4.5%, and government activities grew by 1.8% YoY, according to the flash estimates released by the General Authority for Statistics (GASTAT).
GASTAT began publishing quarterly flash GDP estimates in Q3 2025 to provide timely economic insights for policymakers and analysts.
The authority defines flash quarterly GDP estimates as early national accounts assessments produced within a short period following the reference quarter, when complete data is not yet available.
The following table shows Saudi GDP growth from 2018:
|
Growth of Real GDP and GDP (adjusted for seasonal factors)* |
||
|
Period |
QoQ (Adjusted for seasonal factors) |
YoY |
|
Q1 2018 |
+1.8% |
+2.4% |
|
Q2 |
+0.1% |
+2.9% |
|
Q3 |
+1.0% |
+3.1% |
|
Q4 |
+1.0% |
+4.3% |
|
Q1 2019 |
(0.8%) |
+1.3% |
|
Q2 |
+0.7% |
+1.6% |
|
Q3 |
(0.3%) |
(0.9%) |
|
Q4 |
+1.0% |
+0.6% |
|
Q1 2020 |
(2.7%) |
(0.8%) |
|
Q2 |
(4.0%) |
(7.1%) |
|
Q3 |
+2.0% |
(3.8%) |
|
Q4 |
+1.5% |
(2.7%) |
|
Q1 2021 |
+0.4% |
+0.5% |
|
Q2 |
+1.6% |
+5.1% |
|
Q3 |
+3.1% |
+6.3% |
|
Q4 |
+2.0% |
+8.4% |
|
Q1 2022 |
+2.2% |
+7.5% |
|
Q2 |
+1.2% |
+9.1% |
|
Q3 |
+1.2% |
+8.0% |
|
Q4 |
+1.5% |
+5.6% |
|
Q1 2023 |
+0.4% |
+5.7% |
|
Q2 |
(0.6%) |
+2.6% |
|
Q3 |
(2.8%) |
(2.8%) |
|
Q4 |
+0.3% |
(2.9%) |
|
Q1 2024 |
+2.2% |
(0.4%) |
|
Q2 |
+1.0% |
+0.8% |
|
Q3 |
+0.3% |
+3.1% |
|
Q4 |
+0.9% |
+4.4% |
|
Q1 2025 |
+1.1% |
+3.4% |
|
Q2 |
+1.7% |
+3.9% |
|
Q3 |
+1.4% |
+5.0% |
*Data are updated in line with GASTAT
|
GDP Growth in Q3 2025 |
||
|
Activity |
QoQ (seasonal factors) |
YoY |
|
Oil Activities |
+3.1% |
+8.2% |
|
Non-Oil Activities |
+0.6% |
+4.5% |
|
Government Activities |
+0.7% |
+1.8% |
|
Gross Value Added (GVA) |
+1.3% |
+5.1% |
|
Net Taxes on Products |
+2.5% |
+3.8% |
|
Gross Domestic Product (GDP) |
+1.4% |
+5.0% |
Be the first to comment
Comments Analysis: