Saudi Arabia’s gross domestic product grew by 11.8 percent in the second quarter of this year, compared to 2021, led by an increase in oil activities.
Oil activities grew 23.1 percent in the same period, according to data from the General Authority for Statistics, while the Kingdom’s non-oil economy rose 5.4 percent.
The second quarter figure followed the Kingdom’s best economic performance in the previous quarter, when GDP was up 9.9 percent – the highest since 2011.
Oil activities also led the growth at the time at 20.3 percent, while non-oil activities grew by 3.7 percent.
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