According to the Authority’s estimates, the Kingdom’s real GDP grew by 4.5% in 2025 compared to the previous year, 2024. This growth is due to the rise in all economic activities, with oil activities growing by 5.7%, non-oil activities by 4.9%, and government activities by 0.9%.
Positive rates
Non-oil activities are the main contributor to real GDP growth for 2025, contributing 2.8 percentage points, while oil activities contributed 1.4 percentage points, and government activities and net taxes on products contributed positively by 0.1 and 0.2 percentage points respectively.
All economic activities achieved positive growth rates during 2025, with wholesale and retail trade, restaurants and hotels recording the highest annual growth rates at 6.2%, followed by financial, insurance and business services activities at 6.1%, then electricity, gas and water activities with growth of 6.0%, while oil refining activities and crude oil and natural gas activities achieved growth rates of 5.8% and 5.7% respectively.
Quarterly estimates
At the quarterly level, for the fourth quarter of 2025, real GDP increased by 5% compared to the same quarter of 2024. Compared to the third quarter of 2025, seasonally adjusted GDP increased by 1.4%, with oil activities growing by 10.8% year-on-year and 1.8% quarter-on-quarter, and non-oil activities growing by 4.3% year-on-year and 1.7% quarter-on-quarter.
