Quarterly GDP updates

Quarterly GDP updates

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    Sat, 01 October 2011

    Strong economic growth in the first half

    New data show that economic growth in the first half of the year was strong, at 26.1 percent year-on-year in nominal terms, with oil by far the fastest growing sector, at 39.5 percent. Non-oil growth was 12.9 percent, with the non-oil private sector growing by 8.4 percent.

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    Fri, 01 October 2010

    Healthy second quarter economic growth

    Quarterly economic growth data has been published for the first time in the Kingdom. It shows that the economy grew by 15.2 percent year-on-year in nominal terms in the second quarter of 2010. Growth in the non-oil private sector was 6.2 percent.

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