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Saudi Arabia's Quarterly GDP Down 4.8% in Q2, Final Data Shows

MT Newswires·09/08/2026 02:16:33
語音播報
02:16 AM EDT, 09/08/2026 (MT Newswires) -- Saudi Arabia's seasonally adjusted real gross domestic product dropped 4.8% on a quarterly basis in the second quarter, compared with the revised 1.4% decline in the prior three-month period, final data from the General Authority for Statistics showed Tuesday. The initial estimate was for a 4.9% decrease in Saudi quarterly GDP. Annually, the country's real GDP decreased 4.7% during the three-month period, against the preliminary reading of a 4.8% fall and a 3% expansion in the previous quarter.