FILE PHOTO: Clouds move over the Riyadh skyline November 17, 2013. Picture taken November 17, 2013. REUTERS/Faisal Al Nasser
February 10, 2022
DUBAI (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 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%.
Quarter-on-quarter, seasonally adjusted real GDP grew by 1.6% in the fourth quarter, the authority said.
(Reporting by Yousef Saba; Editing by Himani Sarkar)
Source: One America News Network
