DUBAI (Reuters) – Saudi Arabia’s gross home product grew by 6.8% within the fourth quarter, bringing general development final yr to three.3%, official flash estimates confirmed on Thursday.
The expansion was pushed by a ten.8% rise in oil actions and a 5% enhance in non-oil actions, the Normal Authority for Statistics mentioned. Authorities providers elevated by 2.4%.
Quarter-on-quarter, seasonally adjusted actual GDP grew by 1.6% within the fourth quarter, the authority mentioned.
(Reporting by Yousef Saba; Enhancing by Himani Sarkar)
Supply: KFGO
