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Riyadh city
Saudi Arabia's real gross domestic product (GDP) grew by 3.9% in the second quarter of 2025 compared to the same period of 2024, according to preliminary estimates released by the General Authority for Statistics (GASTAT).
This increase was driven by growth across all economic activities. Non-oil activities recorded a growth rate of 4.7% year-on-year, oil activities (3.8%), and government activities (0.6%).
The authority began publishing flash estimates for quarterly GDP starting from Q3 2020, aiming to provide timely economic data to decision-makers and users.
GASTAT defines quarterly GDP flash estimates as the process of estimating national accounts for a given quarter shortly after the end of the reference period, at a time when complete data is not yet available.
The table below indicates the real GDP growth rates in Saudi Arabia since 2018:
|
Real GDP Growth Rates (Seasonally Adjusted)* |
||
|
Period |
QoQ (Seasonally Adjusted)* |
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 |
(2.9%) |
(2.8%) |
|
Q4 |
0.3% |
(2.9%) |
|
Q1 2024 |
2.2% |
(0.4%) |
|
Q2 |
1.0% |
0.9% |
|
Q3 |
0.3% |
3.1% |
|
Q4 |
0.9% |
4.4% |
|
Q1 2025 |
1.1% |
3.4% |
|
Q2 |
2.1% |
3.9% |
*Data updated according to GASTAT bulletins
The table below indicates the GDP growth details in Q2 2025:
|
GDP Growth Rates in Q2 2025 |
||
|
Activity |
QoQ (Seasonally Adjusted) |
YoY |
|
Oil Activities |
5.6% |
3.8% |
|
Non-Oil Activities |
1.6% |
4.7% |
|
Government Activities |
(0.8%) |
0.6% |
|
Gross Value Added |
2.2% |
3.9% |
|
Net Taxes on Products |
(1.1%) |
3.6% |
|
Total GDP |
2.1% |
3.9% |
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