Saudi Non-Oil Activities Grow 1.9% in Q3 2026 Despite Overall GDP Decline

Saudi non-oil activities grow 1.9% in Q3 2026 despite overall GDP decline

RIYADH — Saudi Arabia’s non-oil activities grew by 1.9 percent year-on-year in the Q3 of 2026, despite a 3.8 percent decline in the Kingdom’s real gross domestic product (GDP), according to the General Authority for Statistics (GASTAT). The authority’s preliminary estimates showed that the overall GDP decline was driven by a 20.4 percent contraction in oil activities and a 2.7 percent decrease in government activities compared with the third qua…

Saudi non-oil growth accelerates to 1.9% in Q3: GASTAT

RIYADH: Saudi Arabia’s non-oil activities grew 1.9 percent year on year in the third quarter of 2026, accelerating from 0.8 percent in the previous three months, according to official flash estimates. The expansion helped cushion the wider economy’s decline. Real gross domestic product fell 3.8 percent from the same period last year, after a 4.7 percent contraction in the second quarter, the General Authority for Statistics reported. The latest …

Saudi Arabia's non-oil activities grow 1.9 percent in Q3 2026

Saudi Arabia’s non-oil activities recorded annual growth of 1.9 percent in the third quarter of 2026, according to flash estimates released by the General Authority for Statistics (GASTAT), despite a contraction in the Kingdom’s overall real gross domestic product (GDP). Real GDP declined by 3.8 percent in Q3 2026 compared to the same period in […]

Saudi Arabia's Economy Contracts 3.8% in Q3 2026

Saudi Arabia's economy recorded an annual contraction of 3.8% in the third quarter of 2026, as a sharp decline in oil-related activities and weaker government sector performance outweighed continued expansion in non-oil industries.