Saudi Arabia Flag
Official government website of the Government of the Kingdom of Saudi Arabia
Link Icon
Links to official Saudi websites end withgov.sa

All links to official websites of government agencies in the Kingdom ofSaudi Arabia end with .gov.sa

Password Icon
Government websites use theHTTPSprotocol for encryption and security.

Secure websites in the Kingdom of Saudi Arabia use the HTTPS protocolfor encryption.

Dga Logo

Registered with the Digital Government Authority under number :

20240512626

GASTAT: Real GDP grows by 4.4% in Q4 2024

30-01-2025

The General Authority for Statistics (GASTAT) released the flash estimates of Gross Domestic Product (GDP) for the fourth quarter of 2024. According to GASTAT’s estimates, the real GDP achieved a growth of 4.4% in the fourth quarter of 2024 compared to the same period of the previous year, marking the highest growth rate in the last two years, supported by the growth of key economic activities. Non-oil activities recorded an increase of 4.6%, while oil activities grew by 3.4%. Additionally, government activities rose by 2.2% compared to the same period of the previous year. The results also showed that the seasonally adjusted real GDP increased by 0.3% in the fourth quarter of 2024 compared to the third quarter of the same year.

It is worth mentioning that  the quarterly flash estimates of GDP provide an assessment of the real growth rates shortly after the reference quarter ends, even when the data for that quarter is still incomplete. GASTAT will publish the actual real GDP results for the fourth quarter of 2024 in March 2025.
 

Read Also