Saudi Arabia's Real GDP Grows By 3.9% In Q2 2025, Led By Non-Oil Sector Performance
In the second quarter of 2025, Saudi Arabia witnessed a notable increase in its real Gross Domestic Product (GDP), with a 3.9 percent growth compared to the corresponding period in 2024. This rise in GDP highlights the country's economic progress during this timeframe.
The General Authority for Statistics in Saudi Arabia released flash estimates which reveal that the growth was not uniform across sectors. Non-oil sectors led the surge with a 4.7 percent increase, demonstrating the kingdom's diversifying economy. Oil sectors followed closely with a 3.8 percent growth, while government sectors saw a modest rise of 0.6 percent, as reported by the Saudi Press Agency (SPA).
When comparing quarter-on-quarter performance, the seasonally adjusted real GDP of Saudi Arabia in the second quarter showed a 2.1 percent increase from the first quarter of 2025. This growth was predominantly fueled by the oil sector, which saw a significant rise of 5.6 percent. Conversely, non-oil sectors experienced a more modest growth of 1.6 percent, and government activities actually saw a decrease, dropping by 0.8 percent.
This data underscores the varying pace of growth across different sectors within the country, highlighting the strength of the oil sector and the ongoing efforts to boost non-oil sectors as part of Saudi Arabia's broader economic diversification strategy.
