September 8, 2025 | Riyadh, Saudi Arabia (The Arabian Wall Street) — Saudi Arabia’s real GDP expanded by 3.9% in the second quarter of 2025, compared to the same period in 2024, according to the latest bulletin from the General Authority for Statistics (GASTAT).
The report highlighted broad-based growth across economic activities. Non-oil activities led with a 4.6% increase, contributing 2.6 percentage points to overall GDP. Oil activities grew 3.8%, adding 0.9 percentage points, while government activities edged higher by 0.6%. Net taxes on products added a further 0.3 percentage points.
On a quarterly basis, seasonally adjusted GDP rose 1.7% from Q1 2025. Oil activities surged 5.6%, non-oil activities inched up 0.8%, while government activities slipped 0.8%.
Sector performance
Among individual sectors, electricity, gas, and water activities posted the highest annual growth at 10.3%. They were followed by financial, insurance, and business services at 7%, and wholesale and retail trade, restaurants, and hotels at 6.6%.
Expenditure side
Private final consumption expenditure grew 4.1% year-on-year. However, gross fixed capital formation declined 6.5%, reflecting weaker investment activity. Exports increased by 3.6%, while imports rose 9%.
The data underscores the kingdom’s ongoing efforts to diversify beyond hydrocarbons, with the non-oil sector continuing to drive growth momentum under the framework of Saudi Vision 2030.
