Saudi Arabia’s gross domestic product (GDP) rose by 1.6 percent year-on-year (YoY) to SAR 639.2 billion in Q2 2018, according to the General Authority for Statistics.
The non-oil sector’s GDP increased 2.4 percent YoY to SAR 356.9 billion in the same period.
Meanwhile, the oil sector’s GDP edged up 1.3 percent YoY to SAR 279.04 billion in Q2. The sector accounted for 43.7 percent of total GDP during the quarter, down from 43.8 percent in the same period last year.
|
GDP Q2 2018 |
||||
|
Sector |
Q2 2017 |
Q2 2018 |
Variation |
|
|
Oil Sector |
275.39 |
279.04 |
+1.3% |
|
|
Non Oil Sector |
Private Sector |
247.57 |
252.01 |
+1.8% |
|
Public Sector |
100.83 |
104.87 |
+4.0% |
|
|
Total |
348.40 |
356.88 |
+2.4% |
|
|
Total oil & non-oil sectors |
|
623.79 |
635.92 |
+1.9% |
|
Import fees |
|
5.31 |
3.33 |
(37.3%) |
|
GDP |
|
629.10 |
639.25 |
+1.6% |
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