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Asharq Al-Awsat
Asharq Al-Awsat
Business
Jeddah - Asma al-Ghabri

FORGOTTEN HISTORY: Saudi gdp registers highest growth since 2012 - Caught on Camera

GASTAT said the Kingdom’s gross domestic product rose by 6.7 percent in the fourth quarter of 2021. Asharq Al-Awsat

The Saudi General Authority for Statistics (GASTAT) said on Wednesday that the Kingdom’s gross domestic product rose by 6.7 percent in the fourth quarter of 2021, while growth across the whole year increased by 3.2 percent, the highest jump achieved in nearly a decade.

The growth was to a large extent due to the high increase in oil activities, which grew by 10.9 percent year-on-year, according to the data issued by GASTAT.

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