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Non-oil businesses in Saudi Arabia grew by 4.9 percent in the SQ

[08/09/2024 01:36]

RIYADH-SABA
Non-oil and government activities in the Kingdom of Saudi Arabia recorded a growth of 4.9 percent and 3.6 percent, respectively, during the second quarter of 2024.

The Saudi Press Agency (SPA) reported that the seasonally adjusted real GDP during the second quarter of 2024 recorded an increase of 1.4 percent compared to the first quarter of 2024.

The seasonally adjusted real GDP recorded a decrease of 0.3 percent during the second quarter of real GDP compared to the same period of 2023, affected by the decline in oil activities by 8.9 percent.