The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s real gross domestic product (GDP) dropped 3.8% in the third quarter of 2026 compared with the same period in 2025, weighed down by a 20.4% decline in oil activities. 
Non-oil activities grew 1.9%, while government activities declined 2.7%, according to the flash estimates published by the General Authority for Statistics (GASTAT).
GASTAT began publishing quarterly GDP flash estimates in Q3 2020 to provide timely information on the Saudi economy to decision-makers and other users.
The authority defines quarterly GDP flash estimates as a process of estimating quarterly national accounts within a short period after the end of the reference quarter, when data for that quarter are still incomplete.
Real GDP Growth Rates and Seasonally Adjusted GDP Growth Rates*
Period
Quarterly, Seasonally Adjusted
Year-on-Year
Q1 2018
+1.8%
+2.4%
Q2 2018
+0.1%
+2.9%
Q3 2018
+1.0%
+3.1%
Q4 2018
+1.0%
+4.3%
Q1 2019
(0.8%)
+1.3%
Q2 2019
+0.7%
+1.6%
Q3 2019
(0.3%)
(0.9%)
Q4 2019
+1.0%
+0.6%
Q1 2020
(2.7%)
(0.8%)
Q2 2020
(4.0%)
(7.1%)
Q3 2020
+2.0%
(3.8%)
Q4 2020
+1.5%
(2.7%)
Q1 2021
+0.4%
+0.5%
Q2 2021
+1.6%
+5.1%
Q3 2021
+3.1%
+6.3%
Q4 2021
+2.0%
+8.4%
Q1 2022
+2.2%
+7.5%
Q2 2022
+1.2%
+9.1%
Q3 2022
+1.2%
+8.0%
Q4 2022
+1.5%
+5.6%
Q1 2023
+0.4%
+5.7%
Q2 2023
(0.6%)
+2.6%
Q3 2023
(2.8%)
(2.8%)
Q4 2023
+0.3%
(2.9%)
Q1 2024
+2.6%
+0.4%
Q2 2024
+1.1%
+1.2%
Q3 2024
+0.4%
+3.9%
Q4 2024
+1.0%
+5.2%
Q1 2025
+0.8%
+3.6%
Q2 2025
+2.4%
+4.3%
Q3 2025
+1.0%
+5.2%
Q4 2025
+0.9%
+5.2%
Q1 2026
(1.4%)
+3.0%
Q2 2026
(8.4%)
(4.7%)
Q3 2026
+1.3%
(3.8%)
*Data are updated in accordance with the GASTAT releases.
The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s real gross domestic product (GDP) dropped 3.8% in the third quarter of 2026 compared with the same period in 2025, weighed down by a 20.4% decline in oil activities.
Non-oil activities grew 1.9%, while government activities declined 2.7%, according to the flash estimates published by the General Authority for Statistics (GASTAT).
GASTAT began publishing quarterly GDP flash estimates in Q3 2020 to provide timely information on the Saudi economy to decision-makers and other users.
The authority defines quarterly GDP flash estimates as a process of estimating quarterly national accounts within a short period after the end of the reference quarter, when data for that quarter are still incomplete.
Real GDP Growth Rates and Seasonally Adjusted GDP Growth Rates*
Period
Quarterly, Seasonally Adjusted
Year-on-Year
Q1 2018
+1.8%
+2.4%
Q2 2018
+0.1%
+2.9%
Q3 2018
+1.0%
+3.1%
Q4 2018
+1.0%
+4.3%
Q1 2019
(0.8%)
+1.3%
Q2 2019
+0.7%
+1.6%
Q3 2019
(0.3%)
(0.9%)
Q4 2019
+1.0%
+0.6%
Q1 2020
(2.7%)
(0.8%)
Q2 2020
(4.0%)
(7.1%)
Q3 2020
+2.0%
(3.8%)
Q4 2020
+1.5%
(2.7%)
Q1 2021
+0.4%
+0.5%
Q2 2021
+1.6%
+5.1%
Q3 2021
+3.1%
+6.3%
Q4 2021
+2.0%
+8.4%
Q1 2022
+2.2%
+7.5%
Q2 2022
+1.2%
+9.1%
Q3 2022
+1.2%
+8.0%
Q4 2022
+1.5%
+5.6%
Q1 2023
+0.4%
+5.7%
Q2 2023
(0.6%)
+2.6%
Q3 2023
(2.8%)
(2.8%)
Q4 2023
+0.3%
(2.9%)
Q1 2024
+2.6%
+0.4%
Q2 2024
+1.1%
+1.2%
Q3 2024
+0.4%
+3.9%
Q4 2024
+1.0%
+5.2%
Q1 2025
+0.8%
+3.6%
Q2 2025
+2.4%
+4.3%
Q3 2025
+1.0%
+5.2%
Q4 2025
+0.9%
+5.2%
Q1 2026
(1.4%)
+3.0%
Q2 2026
(8.4%)
(4.7%)
Q3 2026
+1.3%
(3.8%)
*Data are updated in accordance with the GASTAT releases.
