{"id":103163,"date":"2025-12-09T00:00:00","date_gmt":"2025-12-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/"},"modified":"2025-12-09T00:00:00","modified_gmt":"2025-12-09T00:00:00","slug":"gdp-expands-4-8-in-3q-2025-amid-oil-boom","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/","title":{"rendered":"GDP expands 4.8% in 3Q 2025 amid oil boom"},"content":{"rendered":"

<\/strong>The Kingdom\u2019s real GDP grew 4.8% y-o-y in 3Q 2025<\/strong>, driven by a solid recovery in the oil sector, offsetting a softening expansion in the non-oil GDP, according to fresh data (pdf)<\/a> from the General Authority for Statistics (Gastat). The fresh reading is down by 0.2 percentage points from the flash estimates<\/a> made by Gastat in November. On a quarterly basis, the Kingdom\u2019s seasonally adjusted real GDP growth came in at 1.4%, matching the preliminary estimate.<\/p>\n

Driving growth: <\/strong>The oil sector had an 8.3% y-o-y growth in 3Q, up by 0.1 percentage point from the flash estimates. Oil activities contributed 2.0 percentage points to the Kingdom\u2019s overall growth. This uptick in oil GDP mirrors higher production levels as the Kingdom gradually unwinds its oil production cuts under Opec+.<\/p>\n

MEANWHILE- <\/strong>Non-oil activities grew 4.3% y-o-y during the quarter, contributing the bulk (2.4 percentage points) of the Kingdom\u2019s headline expansion, while government activities saw 1.4% y-o-y growth. <\/p>\n

Standout sectors: <\/strong>Petroleum refining activities logged the highest growth during the quarter, up 11.9% y-o-y, followed by crude petroleum and natural gas activities, at 7.3% y-o-y. Electricity, gas, and water activities came in third place with 6.4% growth y-o-y<\/p>\n

On a quarterly basis, the oil sector posted the highest increase<\/strong>, up 3.3%, while government activities grew 1.1%, and the non-oil economy edged up 0.6% q-o-q. While the non-oil sector was the largest contributor to our GDP growth in 3Q on an annual basis, rising oil output is masking a slowdown in non-oil growth, \u201cwhich is likely to persist against the backdrop of fiscal consolidation,\u201d Capital Economics\u2019 James Swanston wrote in a research note seen by EnterpriseAM last month. <\/p>\n

Forecasting for the year<\/strong>: <\/strong>Capital Economics sees the Saudi economy expanding by close to 5% this year, before softening to 4.3% in 2026, \u201cas the non-oil slowdown continues amid fiscal tightening and the support from oil output increases fades,\u201d Swanston said. Meanwhile, Arqaam Investment sees the Kingdom\u2019s full-year growth approaching 4.5%, with the current trend continuing through 4Q, Head of Specialized Research Ahmed Ramzy said.<\/p>\n

ICYMI-<\/strong> The World Bank has recently upgraded<\/a> the Kingdom\u2019s 2025 growth forecast to 3.8%, marking a 0.5% increase from the bank\u2019s previous forecast in October.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil recovery is offsetting a softening expansion in the non-oil GDP<\/p>\n","protected":false},"author":1,"featured_media":103164,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2571],"tags":[27,10,210,335],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-103163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam-ksa","tag-gastat","tag-gdp","wpautop","entry"],"acf":{"mongo_id":"0df92a61-d393-44e8-a366-19a9403b3e0b","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/411.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GDP expands 4.8% in 3Q 2025 amid oil boom","related_issue":[103158],"teaser":"Oil recovery is offsetting a softening expansion in the non-oil GDP","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.cf57ec20-de46-4ace-aa0f-a23434ef9b28.mp3"},"yoast_head":"\nGDP expands 4.8% in 3Q 2025 amid oil boom - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDP expands 4.8% in 3Q 2025 amid oil boom\" \/>\n<meta property=\"og:description\" content=\"Oil recovery is offsetting a softening expansion in the non-oil GDP\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GDP expands 4.8% in 3Q 2025 amid oil boom\",\"datePublished\":\"2025-12-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\"},\"wordCount\":354,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ECONOMY\",\"EnterpriseAM KSA\",\"GASTAT\",\"GDP\"],\"articleSection\":[\"ECONOMY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\",\"name\":\"GDP expands 4.8% in 3Q 2025 amid oil boom - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-12-09T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GDP expands 4.8% in 3Q 2025 amid oil boom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"GDP expands 4.8% in 3Q 2025 amid oil boom - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/","og_locale":"en_US","og_type":"article","og_title":"GDP expands 4.8% in 3Q 2025 amid oil boom","og_description":"Oil recovery is offsetting a softening expansion in the non-oil GDP","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/","og_site_name":"KSA","article_published_time":"2025-12-09T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"GDP expands 4.8% in 3Q 2025 amid oil boom","datePublished":"2025-12-09T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/"},"wordCount":354,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1","keywords":["ECONOMY","EnterpriseAM KSA","GASTAT","GDP"],"articleSection":["ECONOMY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/","name":"GDP expands 4.8% in 3Q 2025 amid oil boom - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1","datePublished":"2025-12-09T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/gdp-expands-4-8-in-3q-2025-amid-oil-boom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"GDP expands 4.8% in 3Q 2025 amid oil boom"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/411.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/103163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=103163"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/103163\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/103158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/103164"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=103163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=103163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=103163"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=103163"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=103163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}