Saudi Arabia s Q3 GDP Shrinks 4.5 Y y On Sharp Decline In Oil...

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Révision datée du 20 février 2024 à 15:31 par JohnetteDodge69 (discussion | contributions) (Page créée avec « DUBAI, Oct 31 (Reuters) - Saudi Arabia's real gross domestic product (GDP) contracted by 4.5% in the third quarter, according to preliminary government data on Tuesday, weighed down by a sharp fall in oil activity.<br><br>Oil [https://www.thefashionablehousewife.com/?s=activities%20decreased activities decreased] by 17.3% in the third quarter from a year earlier, the General Authority for Statistics data showed, pulling overall growth lower despite non-oil growth... »)
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DUBAI, Oct 31 (Reuters) - Saudi Arabia's real gross domestic product (GDP) contracted by 4.5% in the third quarter, according to preliminary government data on Tuesday, weighed down by a sharp fall in oil activity.

Oil activities decreased by 17.3% in the third quarter from a year earlier, the General Authority for Statistics data showed, pulling overall growth lower despite non-oil growth of 3.6% and expansion in government activities of 1.9%.

The kingdom, which is the world's top oil exporter, công ty xây dựng dĩ an estimates overall GDP growth to slow sharply in 2023 from last year, to 0.03%, narrowly avoiding a contraction, and a budget deficit of 2% of GDP.

(Reporting by Rachna Uppal; Editing by Jacqueline Wong)

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