18 Hrs
Source:
الوئام
_1777294237270_124456903.png&w=64&q=75){kind=small}
Saudi Economy Eyes 2027
The Saudi economy contracted by 3.8% year on year in the third quarter of 2026, but posted seasonally adjusted quarterly growth of 1.3%, ending its quarterly decline. The rebound came as oil activities grew by 5.7% and non-oil activities by 0.6% compared with the previous quarter. Year on year, the non-oil sector grew by 1.9%, while oil activities declined by 20.4% and government activities by 2.7%. Preliminary estimates point to oil flows exceeding 7.1 million barrels per day, while economic growth is forecast to reach 7.9% in 2027, with final figures subject to revision.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)