Islamic Ministry permits funeral prayers in mosques    KSrelief delivers COVID-19 medical aid to Jamaica    GEA, MBC Academy on a mission to empower Saudi talents, 77 qualified from 5 cities    Site of first ancient Olympics at risk as fires rage in Greece    Daily COVID-19 cases drop below 1,000 in Saudi Arabia for first time in 2 months    Tanmiah lists on Saudi Exchange after heavily oversubscribed IPO Investors show high level of confidence in leading Saudi food producer    Minister of communications explores areas of cooperation with UNESCO, OECD officials    Pakistan PM commends Bahraini king's strong support of Arab, Islamic causes Khan vows support for efforts to enhance security and stability in Arab world    Arab Coalition intercepts armed Houthi drone targeting Khamis Mushait    No quarantine for fully vaccinated travelers from France as UK eases travel restrictions Bahrain, Qatar, UAE, India move to amber list    Dumat Al-Jandal wind farm turbine trial run begins    Riyadh Theater Forum stages 'Wishes, holds symposium    CITC unveils gaming performance of Saudi Arabia's telecom service providers in Q2 2021    Al Burj, Chinar, CSG, Kashmir Stags cruise to comfortable wins in Kanoo League    Qualifying rounds for Women's Volleyball tournament to kick off on Thursday    Olympic athletes describe the power of sport to change the world    Qatar wins first Olympic gold    National Gallery of Australia to return $2.2m of 'stolen' artworks to India    Progress on tobacco fight, but new nicotine products pose increasing threat    KAMC in Makkah performs 6th artificial heart transplant surgery    Custodian of the Two Holy Mosques Directs KSrelief to Urgently Provide Malaysia with Medical, Preventive Equipment and Supplies to Address COVID-19 Pandemic    Custodian of the Two Holy Mosques Congratulates President of Maldives on Independence Day    Weather Forecast for Sunday    RSNF Commander Patronizes Ceremonial Launching of His Majesty's Ship "Jazan"    OIC Condemns Houthi Attempts to Target Civilians in Saudi Arabia    Philippines evacuates thousands as monsoon rains flood cities, provinces    Heavy rain in India triggers floods, landslides; at least 125 dead    U.S. Records 64,321 New Infections of Coronavirus    Without Fans, Tokyo Olympics Kicked Off    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Dr. Mohammed Sulaiman Al-Jasser, Saudi Arabia's Pick to Chair IsDB Group for the next five years, unanimously approved by BoG Committee of Procedures    Saudi Press: Fitch affirms Saudi Credit Rating at "A" with a revised outlook to stable from negative    Handled Cargo at Saudi Ports Increases during June 2021    SDAIA, DARP & STC Launch Pilgrim's Smart Bracelet (NUSK)    Tabuk sculptor spends 8 years in carving entire Holy Qur'an on 30 marble slabs    2 Goals by Diaz Gives Colombia 3rd Place at Copa America    Yusuf Khan is dead, long live Dilip Kumar    Legendary actor Dilip Kumar, 98, passes away, and with him an era    Saudi Cinema Night at Arab World Institute in Paris Kicks Off    KSU Leads Joint International Scientific Project for Early Detection of Breast Cancer    Saudi Arabia to Participate in Cannes Film Festival 2021    Arab Cup U-17 Championship Draw Saudi Arabia, Morocco, Palestine, Kuwait, in the 1st Group    Bollywood star Aamir and wife Kiran separate after 15 years    AWI Hosts Saudi Cinema Nights in Paris    Brazil Beats Chile at Copa America Despite 2nd-Half Red Card    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Non-oil Sector Real GDP Grows by 4.9% in First Quarter of 2021
Published in Saudi Press Agency on 14 - 06 - 2021

The General Authority for Statistics released on Monday, June 14, 2021, its quarterly publication of the Gross Domestic Product (GDP) and National Accounts for the first quarter of 2021 on its official website www.stats.gov.sa. GASTAT revealed that the real GDP of non-oil sector registered a positive growth during the first quarter of 2021 by (2.9%) compared to the same period of the previous year (2020). It also registered a positive growth by (4.9%) compared to the fourth quarter of 2020.
On the other hand, Saudi Arabia's last seasonally adjusted GDP witnessed a decrease by 0.5% in the first quarter of 2021 compared to the fourth quarter of 2020 (on a quarterly basis). This is attributed to the decrease of the oil sector growth rate by 8.7%. However, the non-oil sector registered a positive growth by 4.9% as a result of the positive growth achieved by the private sector by 6.3%, and by the government sector by 1.7%.
The National Accounts Publication is released by GASTAT on a quarterly basis. It includes tables on GDP classified by economic activities and organizational sectors in current and fixed prices, in addition to the contribution of different economic activities and organizational sectors to it, and the expenditure categories such as the government consumption expenditure, private consumption expenditure, capital formation, exports and imports.


Clic here to read the story from its source.