Saudi Arabia's First-Quarter GDP Grows by 3.4%, Beating Flash Estimates

ECONOMIC GROWTH - RIYADH. Saudi Arabia's economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than previously forecast.

First-quarter GDP grew by 3.4% compared to the same quarter of the previous year, beating flash estimates of 2.7% released in May by the Saudi General Authority for Statistics.