Economic growth rises in the third quarter of 2025

GDP reading: Saudi Arabia's GDP increased 4.8% on a year-on-year basis in Q3 (preliminary reading: +5.0% yoy), following a 4.5% expansion in the previous quarter.

Drivers: Compared with the prior quarter's data, figures in Q3 improved for government consumption (-3.1% on a year-on-year basis vs -4.1% in Q2), fixed investment (-0.7% vs -7.4% in Q2) and exports of goods and services (+18.4% vs +2.9% in Q2). In contrast, readings worsened for private consumption (+2.6% vs +4.6% in Q2) and imports of goods and services (+4.3% vs +8.7% in Q2). In seasonally adjusted quarter-on-quarter terms, the economy expanded 1.4% in Q3, following a 1.9% expansion in the previous quarter.

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