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  • Saudi economy expands by 11.8% in Q2 on higher oil activities

Saudi economy expands by 11.8% in Q2 on higher oil activities

Image: Shutterstock
Image: Shutterstock
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31 Jul 2022 06:07:50 GMT9
31 Jul 2022 06:07:50 GMT9

Arab News

RIYADH: According to flash estimates by the General Authority for Statistics, real gross domestic product of Saudi Arabia increased by 11.8 percent in the second quarter of 2022 from a year ago. 

The growth was mainly driven by the increase in oil activities by 23.1 percent.

Non-oil activities grew by 5.4 percent, and the government services activities by 2.2 percent.

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