Saudi Arabia's Real GDP Grows 4.9% Year-on-Year in Q4 2025, Driven by Oil and Non-Oil Activities

Riyadh | EcoPulse24

Saudi Arabia's real gross domestic product (GDP) recorded an annual growth of 4.5% in 2025 compared to 2024, according to preliminary estimates by the General Authority for Statistics. This performance was driven by a balanced expansion between oil and non-oil activities, strengthening the growth base by year-end.

In the fourth quarter of 2025, real GDP posted a year-on-year growth of 4.9% compared to the same quarter of the previous year. This reflects accelerated oil sector activity, which grew by 10.4%, alongside continued non-oil sector expansion at 4.1%, while government activities declined by 1.2%.

For the full year 2025, non-oil activities were the largest contributor to growth at 2.7 percentage points, followed by oil activities at 1.4 percentage points, government activities at 0.1 percentage points, and net product taxes at 0.2 percentage points.

In Q4 2025, oil activities led growth contributions with 2.5 percentage points, followed by non-oil activities at 2.3 percentage points, while government activities had a negative contribution of -0.2 percentage points, and net product taxes contributed 0.2 percentage points.

On a seasonally adjusted quarterly basis, real GDP grew by 1.1% in Q4 2025 compared to Q3 2025, supported by oil activity growth of 1.4% and non-oil activities at 1.3%, against a decline in government activities of 0.2%.

Direct Comparison Table: Real GDP Growth Rates (Q4 – Year-on-Year %)

Growth Contribution Table (Percentage Points – Q4, Year-on-Year)

EcoPulse24 Analysis:
The Q4 2025 data highlights a shift towards a broader growth base, with oil activities playing a critical role in accelerating short-term momentum, while non-oil sectors maintain steady, sustainable growth. This balance points to higher structural flexibility in the Saudi economy, enabling it to absorb sector-specific fluctuations and providing a more diversified foundation for medium-term growth without reliance on a single driver.