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Real non-oil sector GDP growth Saudi Arabia Q1 2016-Q2 2019

Published by
Amna Puri-Mirza,
Mar 23, 2021
In Saudi Arabia, the real non-oil gross domestic product growth (GDP) in the first quarter of 2019 amounted to 2.1 percent, and 2.9 percent in the second quarter. The increase is mainly due to the improving economic activities and the development of non-oil revenue projects such as the construction sector that observed growth for the first time during the past three years.

Quarterly real non-oil sector GDP growth in Saudi Arabia from the 1st quarter of 2016 to the 2nd quarter of 2019

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Release date

December 2019

Region

Saudi Arabia, MENA

Survey time period

Q1 2016 to Q2 2019

Supplementary notes

Note: 1 Saudi riyal is equal to 0.27 U.S. dollars or 0.22 euros as of August 2020.

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