The Saudi economy grew by 2.8 percent in the third quarter

The growth rate was in line with preliminary data released in October.

According to the data of the General Bureau of Statistics, it has increased Output without oil 4.3 percent in the third quarter compared to the same period last year, and government activities achieved growth of 3.1 percent, while growth in the oil sector recorded a slight growth of 0.05 percent.

The Bureau of Statistics announced Saudi Arabia Real GDP rose 0.9 percent on a quarterly basis in the third quarter.

She explained that government consumer spending grew in the third quarter of 2024 by 6.2 percent on an annual basis, while it decreased by 1.8 percent on a quarterly basis, with an increase in private final consumer spending at a rate of 3.9 percent. on an annual basis.

As for foreign trade, imports grew by 7.3 percent on an annual basis and 3.8 percent on a quarterly basis.