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

Saudi GDP Grows by 6.8% in Fourth Quarter

Saudi Arabia General Authority for Statistics
A view shows vehicles driving on a street in Riyadh, Saudi Arabia. Reuters

Saudi Arabia's gross domestic product grew by 6.8% in the fourth quarter, bringing overall growth last year to 3.3%, official flash estimates showed on Thursday.

The quarter's growth was driven by a 10.8% rise in oil activities and a 5% increase in non-oil activities, the General Authority for Statistics said. Government services increased by 2.4%.

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