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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Saudi Economy Grows by 9.6% in 1st Quarter of 2022, its Highest Since 2011

GDP Oil Economy GaStat General Authority for Statistics Saudi Press Agency
A general view of Riyadh, Saudi Arabia. (SPA)

The General Authority for Statistics (GASTAT) published flash estimates of the Saudi Gross Domestic Product (GDP) growth rate for the first quarter of 2022, reported the Saudi Press Agency.

The figures reveal that the GDP has made the highest growth rate in 10 years, achieving a growth of 9.6% during the first quarter of 2022 compared to the same period in 2021.

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