Saudi Arabia's GDP increased by 3.2% in 2021

Saudi Arabia's GDP increased by 3.2% in 2021
Reuters
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Synopsis

Saudi Arabia's gross domestic product rose by 6.7% in the fourth quarter, while overall growth last year increased by 3.2%, official statistics showed on Wednesday, which were largely in line with earlier government estimates.

Saudi Arabia's gross domestic product rose by 6.7% in the fourth quarter, while overall growth last year increased by 3.2%, official statistics showed on Wednesday, which were largely in line with earlier government estimates.

Quarterly growth was largely driven by a 10.9% increase in oil activities, while non-oil activities expanded 5.1%, the General Authority for Statistics said.

Government activities grew by 2.4% in the quarter.

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