Last update 31 / 07 / 2024
The General Authority for Statistics released the real GDP Flash Estimates Publication for Q2 of 2024. According to the publication, there was a growth of 4.4% in non-oil activities and 3.6% in government activities, while the real GDP shrank by 0.4% from the Q2 of 2023, the 8.5% drop in oil-related activities was a contributing factor.
In contrast to Q1 of 2024, the seasonally adjusted real GDP increased by 1.4% in Q2 of 2024.