Economy

Saudi Arabia revises up GDP for Q1 to 9.9% on higher oil activities

Follow-ups -eshrag News:

Tue, 2022-06-07 09:08

RIYADH: Saudi Arabia revised up its GDP for Q1 from 9.6 to 9.9 percent due to high increase in oil activities, according to official data from the General Authority for Statistics.

Oil activities went up by 20.3 percent from a year ago and 2.9 percent from the previous quarter, according to GASTAT.

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