AlQa'dah 16 1436 AH, August 31, 2015, SPA -- The Kingdom's Gross Domestic Product (GDP) achieved during the second quarter of the year 2015 a rise in its value in real terms by 3.79%, reaching SR 617,880 million compared to 595,312 million riyals for the same quarter of the previous year, and at current prices its value fell by 11.93% and amounted to SR 631,028 million. A report recently released by the Department of General Statistics and Information showed that according to the organizational sectors of the Saudi economy, the private sector recorded in the second quarter of this year, a rise in its value in real terms by 3.09%, and at current prices traded higher in value by 5.28%, rising to SR 293,185 million compared to SR 278,494 million in the corresponding quarter of the previous year. Electricity and gas activity and water witnessed the biggest increase among the activities of this sector, where the value at current prices increased by 11.20% in comparison with the corresponding period of the previous year, and the value of gross domestic product of the oil sector decreased at current prices during the second quarter of this year by 39.07%, while its real value prices rose at the rate of 5.1%, compared with its value during the same period of the previous year. --More 12:20 LOCAL TIME 09:20 GMT تغريد
