2.7 % growth in the Saudi economy during the first quarter of 2025
This growth is driven by the strong performance of activities other than those that achieved 4.2%, in addition to the growth of government activities by 3.2%. On the other hand, oil activities witnessed a decrease of 1.4% on an annual basis.
GDP height
On the level of quarterly comparison, the real -sized GDP showed 0.9% in the first quarter of 2025 compared to the fourth quarter of 2024.
This growth is due to an increase of 4.9% and the increase in non -oil activities by 1.0%. On the other hand, oil activities decreased by 1.2% during the same period.
These results reflect the continuous efforts of Saudi Arabia to diversify its economy and reduce oil dependence as a main source of income.
Non -oil activities
Non -oil activities were able to achieve positively, indicating the success of the ambitious economic plans led by the Saudi Vision 2030.
The noticeable growth in government activities reflects the increasing focus on enhancing public spending and investments in major projects that contribute to achieving sustainable development.
On the other hand, the decrease in oil activities highlights the challenges facing the sector as a result of fluctuations in the global energy markets.
However, the strategic orientation towards diversifying the economy and investing resources in new sectors such as renewable energy and technology enhances the Kingdom’s ability to face these challenges.
These results come at a time when Saudi Arabia is working to update its economic policies and develop its statistical tools to provide accurate and comprehensive data that reflects the ongoing changes in the national economy.
It is expected that these efforts will continue to support economic and social development plans, in line with the ambitious goals of the Kingdom’s 2030 vision.
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