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GASTAT Real GDP grows by 3.4% in Q1 2025

09-06-2025

The General Authority for Statistics (GASTAT) released the Gross Domestic Product (GDP) report for the first quarter of 2025. According to the publication’s results, real GDP achieved a growth rate of 3.4% compared to the same quarter of 2024, driven by a 4.9% growth in non-oil activities, in addition to a 3.2% growth in government activities, while oil activities recorded a decline of 0.5%. Meanwhile, seasonally adjusted real GDP rose by 1.1% compared to the fourth quarter of 2024.

The results also showed that non-oil activities are the main driver to the annual real GDP growth, contributing 2.8 percentage points. Additionally, government activities and net taxes on products contributed positively by 0.5 and 0.2 percentage points, respectively.

It is worth noting that most economic activities achieved positive annual growth rates. Wholesale and retail trade, restaurants, and hotels recorded the highest growth rates during the first quarter of 2025, reaching 8.4% year-on-year and 0.7% quarter-on-quarter.
 

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