- ARAB NEWS
- 01 May 2025
Since 1975
Arab News
RIYADH: Saudi economy expanded in 2021 by the highest annual rate since 2015 after a year in recession.
Real GDP for the year 2021 grew by 3.2 percent compared to negative growth in 2020 of 4.1 percent, the General Authority for Statistics data showed.
The economy grew thanks to the rise in non-oil sector by 6.1 percent, while oil activities showed a modest growth of 0.2 percent.
The government activities grew by 1.5 percent.
