Saudi Arabia’s gross domestic product (GDP) rose by 2.21 percent year-on-year (YoY) to SAR 2.63 trillion in 2018, according to the General Authority for Statistics.
The non-oil sector’s GDP increased 2.1 percent YoY to SAR 1.48 trillion in the same period, accounting for 56.2 percent of GDP.
The oil sector’s GDP edged up 2.85 percent YoY to SAR 1.13 trillion in 2018, accounting for around 43.2 percent of total GDP.
GDP 2018 |
||||
Sector |
2017 |
2018* |
Variation |
|
Oil Sector |
1,103.17 |
1,134.60 |
+2.85% |
|
Non Oil Sector |
Private Sector |
1,015.21 |
1,032.88 |
+1.74% |
Public Sector |
431.44 |
443.50 |
+2.79% |
|
Total |
1,446.65 |
1,476.37 |
+2.05% |
|
Total oil & non-oil sectors |
|
2,549.82 |
2,610.98 |
+2.40% |
Import fees |
|
18.75 |
14.49 |
(22.73%) |
GDP |
|
2,568.57 |
2,625.46 |
+2.21% |
*Initial data.
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