RIYADH (Reuters) -Saudi Arabia’s gross domestic product (GDP) grew 3.9% in the second quarter of 2025 driven by the non-oil sectors, according to government data estimates released on Monday.
Non-oil activity grew by 4.6% compared to the same quarter last year, according to the Saudi General Authority for Statistics. Sectors like electricity, gas and water showed the highest growth followed by finance, insurance and business activities.
The economy grew across all sectors with oil up 3.8% and government activities growing 0.6%.
Oil activities showed largest growth compared to the first quarter, rising by 5.6%.
The Saudi-led OPEC+ agreed to further raise oil production on Sunday, as the kingdom pushes to regain market share.
The eight members of OPEC+ agreed on Sunday in an online meet