empty

01.11.202605:51:21UTC+00Saudi Arabia Q3 GDP Shrinks for 2nd Quarter

Saudi Arabia’s economy contracted by 3.8% year-on-year in the third quarter of 2026, following a 4.7% decline in the previous quarter, according to preliminary estimates. This marked the second consecutive quarter of economic downturn, driven primarily by a sharp 20.4% drop in oil-related activities, after a steeper 24.8% fall in Q2. The slump in the oil sector was largely attributed to the ongoing Middle East conflict, which disrupted shipping through the Strait of Hormuz. Government activities also decreased by 2.7%, reversing a 0.9% increase recorded in the second quarter. These declines were partially offset by a stronger performance in the non-oil sector, where activities expanded by 1.9%, accelerating from 0.8% growth in Q2.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback