Saudi economy grows 4.8% in Q3 on strength of oil, non-oil sectors

Image: WAM/ For illustrative purposes

Saudi Arabia’s real gross domestic product grew 4.8 per cent year on year in Q3 2025, driven by strong expansion in both oil and non-oil sectors.

Figures from the General Authority for Statistics (GASTAT) showed oil activities rose by 8.3 per cent from a year earlier, while non-oil activities expanded by 4.3 percent. Government activities increased by 1.4 per cent.

On a seasonally adjusted basis, real GDP grew 1.4 per cent compared with Q2 of 2025.

Quarter-on-quarter, oil activities increased by 3.3 per cent, non-oil activities rose by 0.6 per cent, and government activities grew by 1.1 per cent, the data showed.

The latest figures underline continued momentum in the kingdom’s diversification push as non-oil growth remains resilient alongside a rebound in hydrocarbon output.

Saudi GDP shows continuous growth: Q2 2025

The kingdom’s gross domestic product (GDP) grew 3.9 per cent in the second quarter of 2025 driven by the non-oil sectors, according to government data estimates.

Non-oil activity grew by 4.6 per cent compared to the same quarter last year, according to GASTAT.

Sectors like electricity, gas and water showed the highest growth followed by finance, insurance and business activities.

The economy grew across all sectors with oil up 3.8 per cent and government activities growing 0.6 per cent.

Oil activities showed largest growth compared to Q1, rising by 5.6 per cent.