Saudi Arabia’s non-oil GDP expected to grow by over 5%: Al-Jadaan

19/02/2024 Argaam
Minister of Finance Mohammed Al-Jadaan

Minister of Finance Mohammed Al-Jadaan

Saudi Arabia's non-oil GDP is predicted to grow by more than 5%, up from 4% previously, Minister of Finance Mohammed Al-Jadaan said today, Feb. 19, during the Saudi Capital Market Forum (SCMF).

 

For macroeconomic data on Argaam Tools

 

Al-Jadaan added that the non-oil GDP has witnessed healthy growth despite the crises, which confirms the strength of the Saudi economy and its resilience.

 

He pointed out that the crises experienced by the world, including the COVID-19 pandemic, represent a strong test for the Kingdom's Vision 2030.

 

Saudi Arabia is on a journey of change and wants to provide more opportunities for investors around the world, he stated.

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