Saudi GDP rises 4.8% in Q3 2025

Saudi Arabia’s real GDP grew by 4.8% in the third quarter of 2025 compared to the year-ago period, the General Authority for Statistics (GASTAT) revealed.

According to the results, all economic activities recorded year-on-year (YoY) growth, with oil activities increasing by 8.3%, non-oil activities by 4.3%, and government activities by 1.4%.

By sector, oil activities grew by 8.2%, non-oil activities by 3.7%, and private activities expanded by 4.3%.

GASTAT earlier announced it adopted the moving chain methodology in calculating the real GDP and issued the Q4 2023 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.

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

Saudi Arabia’s GDP at current prices grew by 2.5% in Q3 2025, reaching SAR 1.195 trillion compared to Q3 2024.

Non-oil activities rose by 4.9%, government activities grew by 1.8%, and private activities expanded by 6%, while oil activities declined by 5.5%.

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: 

* Previous periods data is updated regularly.

According to data available with Argaam, the Ministry of Finance projected in the 2026 preliminary budget that Saudi Arabia’s real GDP would grow by 4.4% in 2025 and by 4.6% in 2026.