Saudi Arabia’s Q3 GDP grows by estimated 2.8% y/y

Saudi Arabia’s Q3 GDP grows by estimated 2.8% y/y

Via Rachna Uppal in reuters.com: Saudi Arabia’s economy grew 2.8% in the third quarter year on year, preliminary government data showed on Thursday, supported by an increase in non-oil activities. Non-oil growth rose 4.2%, government activities increased 3.1% and the oil sector grew 0.3%, data released by the General Authority for Statistics showed. GDP had shrunk in the second quarter on a year-on-year decline in oil activities of almost 9%.





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