FX.co ★ Saudi Arabia Q2 GDP Growth Confirmed at 3.9%

In the second quarter of 2025, Saudi Arabia's economy expanded by 3.9% compared to the same period last year, meeting earlier projections and building on a 3.4% growth recorded in the first quarter. This economic performance was predominantly driven by the sustained strength of non-oil sectors, even as the growth rate slightly decreased to 4.6% from the previous quarter's 4.9%. Additionally, oil sector activities experienced a substantial recovery, increasing by 3.8% following a 0.4% contraction in the first quarter. Conversely, government activities experienced a deceleration, growing by just 0.6% compared to 3.2% earlier. Across various sectors, most registered positive growth, with significant increases noted in agriculture, forestry, and fishing (4.5% up from 3.3%), mining and quarrying (4.2% compared to a decline of 1.4%), electricity, gas, and water (10.3% up from 2.0%), construction (3.8% up from 3.2%), and finance, insurance, real estate, and business services (5.0% up from 4.2%). On a quarterly, seasonally adjusted basis, the GDP grew by 1.7% during the June quarter, following a 1.1% rise in the preceding quarter.