GASTAT Publishes Flash Estimates of Real GDP Growth Rate for Q1 of 2021

  • 2/25/2023
  • 06:28
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Riyadh, May 10, 2021, SPA -- The General Authority for Statistics (GASTAT) published today the flash estimates of the real Gross Domestic Product (GDP) growth rate for the first quarter (Q1) of 2021. According to the GASTAT, the seasonally adjusted real GDP of non-oil activities and government service activities recorded a positive growth of 4.0%, compared to the fourth quarter of 2020. On the other hand, the year-on-year change of non-oil activities reached a positive growth of 3.3%. 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. --SPA 13:04 LOCAL TIME 10:04 GMT 0014 www.spa.gov.sa/w1556206

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