RIYADH, Sept. 8 (Xinhua) -- Saudi Arabia announced on Sunday a 0.3-percent year-on-year decrease in real gross domestic product (GDP) for the second quarter of 2024, mainly due to an 8.9-percent year-on-year drop in oil activities during the period. The findings were part of a report...
IMF Revises Saudi GDP Growth Down on Oil Cuts By Reuters | July 16, 2024, at 9:39 a.m. Save MoreReuters General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File photo DUBAI (Reuters) - The International Monetar...
It added that the reported GDP growth rates were supported by the growth of non-oil activities, which contributed to the prosperity of promising sectors such as tourism, entertainment, transportation, logistics, and industry. The statement also included expectations for 2024, including achieving a rea...
RIYADH (Reuters) - Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, as it increases spending to boost growth and meet the objectives of its Vision 2030 economic transformation plan. The kingdom expects to post ...
2024 Editorial Calendar Information Page Media Kit Contact UsSaudi ArabiaIncludes historical data for Saudi Arabia’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.Economy...
GDP of the U.S. Turkey Iraq Syria Key figures Economy Saudi Arabia: Gross domestic product Saudi Arabia: Growth of the real gross domestic product (GDP) (compared to previous year) Saudi Arabia: Unemployment rate Inflation rate in Saudi Arabia (compared to previous years) Saudi ...
Abha +00966 7; Al Khubar +00966 3; Dammam +00966 3; Ha il +00966 6; Khamis Mushayt +00966 7; Makkah +00966 2; Najran +00966 7; Rabigh +00966 2; Riyadh +00966 1; Shaqra +00966 1
GDP Per Capita, PPP $54,992 GDP $1.07 trillion Population 36,947,025 Area 2,149,690 SQ.KM More on Saudi Arabia The Deadliest Natural Disasters of 2024 The 10 Most Religious Countries Countries That Target Exiled Journalists Saudi Arabia is the giant of the Middle East, with both the vast...
GDPPer Capita (US$) 23,539(2018) World Ranking 40/192 Economic Structure (in terms of GDP composition, 2019) Services (50.44%) Industry (47.43%) Agriculture (2.23%) External Trade(% of GDP) 62.2(2019) Currency(Period Average) Saudi Arabian Riyal ...
Thus, the economy must be characterized by knowledge-based activities and high-tech industries accounting for a significant share of GDP growth. Under the Vision 2030, Saudi Arabia is moving from oil-based economy to knowledge-based economy. Hence, the identification of components of knowledge ...