The Kingdom’s GDP grew by 2.8% in 3 months

Today, the General Authority for Statistics issued the national accounts indicators for the third quarter of 2024.
During the third quarter of 2024, the real GDP achieved a growth of 2.8% compared to what it was in the same period of the previous year, supported by the growth of non-oil activities by 4.3% compared to what it was in the same period of the previous year.

High GDP

During the third quarter of 2024, oil activities achieved a slight growth of 0.05% compared to what they were in the same period of the previous year, and government activities achieved a positive growth of 3.1% compared to what they were in the same period of the previous year.
The results of the bulletin showed an increase of 0.9% in seasonally adjusted real GDP during the third quarter of 2024 compared to what it was in the second quarter of 2024.