Tuesday, March 2

Saudi Arabia’s GDP Grows by (+2.8%) in Q4, 2020

Riyadh, The General Authority for Statistics (GASTAT) published today the flash estimates for Quarterly Gross Domestic Product (GDP) for the fourth quarter (Q4) of 2020.
According to the GASTAT, the seasonally adjusted real GDP of Saudi Arabia recorded a growth rate of (+2.8%) in Q4 of 2020 compared to the third quarter of 2020.
The flash estimates for Quarterly GDP provide more timely information on the Saudi economy to decision makers and users for economic activities. Moreover, international organizations use the seasonal adjusted data to make economic comparisons between countries.

 

Source: Saudi Press Agency

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