Saudi non-oil growth held up in 2Q, and the state paid for most of it
Real GDP shrank 4.7% y-o-y in 2Q 2026, with a sharp contraction in oil activity
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Real GDP shrank 4.7% y-o-y in 2Q 2026, with a sharp contraction in oil activity
The Saudi economy fell 4.8% y-o-y in 2Q, reflecting the impact of the regional conflict
Saudi Arabia weathered the regional conflict better than some of the GCC countries.
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