Saudi Q2 GDP Grows At Fastest Pace In 11 Years Driven By Oil Sector

Saudi Q2 GDP Grows At Fastest Pace In 11 Years Driven By Oil Sector

Eurasia Review

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The Saudi oil sector grew 23.1 percent year-on-year in the second quarter of 2022, fueling an 11.8 percent growth in its real gross domestic product, according to flash estimates by the General Authority for Statistics.

This year-on-year growth was the fastest rate recorded since the third quarter of 2011 when it saw a...

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