Riyadh city
Saudi Arabia’s real GDP increased by 2.7% in the first quarter of 2025, compared to the same period in 2024, according to the General Authority for Statistics (GASTAT). 
GASTAT stated that the GDP growth was driven by a 4.2% rise in non-oil activities, while government activities grew by 3.2%. In contrast, oil activities saw a 1.4% year-on-year (YoY) decline.
The authority began publishing flash estimates of quarterly GDP starting from Q3 2020, in order to provide timely information about the Saudi economy to decision-makers and users.
GASTAT defines flash estimates of quarterly GDP as the process of estimating quarterly national accounts shortly after the end of the reference quarter, at a time when the data for that period is still incomplete.
The table below indicates Saudi GDP growth since 2018:
GDP Growth (Chain-Linking Methodology)
Period
QoQ with SeasonalAdjustments
YoY
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
+0.6%
+5.7%
Q2 2023
(0.7%)
+2.6%
Q3 2023
(2.9%)
(2.8%)
Q4 2023
+0.1%
(2.9%)
Q1 2024
+2.9%
(0.6%)
Q2 2024
+0.4%
+0.5%
Q3 2024
+0.1%
+2.9%
Q4 2024
+0.8%
+4.4%
Q1 2025
+0.9%
+2.7%
*Data updated as per GASTAT reports
The table below shows the GDP by regulatory sectors at current prices:
Sector
QoQ
YoY
Oil
(1.2%)
(1.4%)
Non-Oil
+ 1.0%
+4.2%
Government
+4.9%
+3.2%
GDP
+0.9%
+2.7%
Riyadh city
Saudi Arabia’s real GDP increased by 2.7% in the first quarter of 2025, compared to the same period in 2024, according to the General Authority for Statistics (GASTAT).
GASTAT stated that the GDP growth was driven by a 4.2% rise in non-oil activities, while government activities grew by 3.2%. In contrast, oil activities saw a 1.4% year-on-year (YoY) decline.
The authority began publishing flash estimates of quarterly GDP starting from Q3 2020, in order to provide timely information about the Saudi economy to decision-makers and users.
GASTAT defines flash estimates of quarterly GDP as the process of estimating quarterly national accounts shortly after the end of the reference quarter, at a time when the data for that period is still incomplete.
The table below indicates Saudi GDP growth since 2018:
GDP Growth (Chain-Linking Methodology)
Period
QoQ with SeasonalAdjustments
YoY
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
+0.6%
+5.7%
Q2 2023
(0.7%)
+2.6%
Q3 2023
(2.9%)
(2.8%)
Q4 2023
+0.1%
(2.9%)
Q1 2024
+2.9%
(0.6%)
Q2 2024
+0.4%
+0.5%
Q3 2024
+0.1%
+2.9%
Q4 2024
+0.8%
+4.4%
Q1 2025
+0.9%
+2.7%
*Data updated as per GASTAT reports
The table below shows the GDP by regulatory sectors at current prices:
Sector
QoQ
YoY
Oil
(1.2%)
(1.4%)
Non-Oil
+ 1.0%
+4.2%
Government
+4.9%
+3.2%
GDP
+0.9%
+2.7%
