Non-oil private sector growth hits nine-month peak in October
The seasonally adjusted figure rose to 60.2 in October, from 57.8 in September
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The seasonally adjusted figure rose to 60.2 in October, from 57.8 in September
Real GDP growth rate was revised to record 2.7% y-o-y increase in 2024
Oil revenues represented nearly 56% of the total government revenues during the quarter
The oil sector posted the highest quarterly expansion in three years, with an 8.2% growth in 3Q
Oil exports jumped 7% y-o-y to SAR 69.8 bn in August 2025
The uptick will be boosted by higher oil production
The upward revision is boosted by an increase in crude output, coupled with a robust non-oil sector
Housing, water, electricity, gas, and other fuels saw a 5.2% y-o-y increase during the month
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