" GASTAT " Saudi economy grows by 1.3% in 2024, achieving the highest quarterly growth rate in two years

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09-03-2025

The General Authority for Statistics (GASTAT) issued today the Gross Domestic Product (GDP) report and National Accounts Indicators for 2024 and the fourth quarter of 2024. According to the results of the publication, the real GDP achieved a growth rate of 1.3% in 2024 compared to the previous year. Non-Oil Activities and Government Activities grew by 4.3% and 2.6%, respectively, while Oil Activities saw a decline of 4.5%.
In terms of quarterly estimates, the real GDP achieved a growth of 4.5% in the fourth quarter of 2024 compared to the same quarter of the previous year. This growth is attributed to the increase across all economic activities, with Non-Oil Activities growing by 4.7%, Oil Activities growing by 3.4%, and Government Activities growing by 2.2% year-on-year.
In the same context, the results of the report stated that during the fourth quarter of 2024, seasonally adjusted real GDP grew by 0.5% compared to the third quarter of 2024.
It is worth noting that most economic activities achieved positive growth rates in 2024, in line with the objectives of Saudi Vision 2030, which aims to achieve a prosperous economy. This reflects the success of the Vision's programs, legislative reforms, and the progress made in major projects and national strategies.

 

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FTL stack trace ("~" means nesting-related):
	- Failed at: ${carouselId}  [in template "11099719610328#20119#59266" at line 139, column 27]
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1<section class="section pt-5"> 
2	<div class="read-also container"> 
3		<#if entries?has_content> 
4 
5			<h1 class="fs-3 fw-bolder pb-3"> 
6				<@liferay.language key="read-also" /> 
7			</h1> 
8 
9			<#assign 
10				journalArticleLocalService = serviceLocator.findService("com.liferay.journal.service.JournalArticleLocalService") 
11				StructureLocalService = serviceLocator.findService("com.liferay.dynamic.data.mapping.service.DDMStructureLocalService") 
12				currentUrlParts = themeDisplay.getURLCurrent()?split("/") 
13				currentUrlTitle = currentUrlParts[currentUrlParts?size - 1] 
14				filteredEntries = [] 
15			/> 
16 
17			<#list entries as entry> 
18				<#assign 
19					article = journalArticleLocalService.getLatestArticle(entry.classPK?number) 
20					structure = StructureLocalService.getStructure(article.getDDMStructure().getPrimaryKey()) 
21					structureName = structure.getName() 
22				/> 
23 
24				<#if currentUrlTitle != article.urlTitle> 
25					<#assign filteredEntries = filteredEntries + [entry] /> 
26				</#if> 
27			</#list> 
28 
29			<#if filteredEntries?has_content> 
30 
31				<#assign 
32					cardsPerSlide = 3 
33					totalItems = filteredEntries?size 
34					totalSlides = (totalItems / cardsPerSlide)?ceiling 
35					portletId = themeDisplay.getPortletDisplay().getId()?replace("_", "")?replace("INSTANCE", "") 
36					carouselId = "readAlsoCarousel_" + portletId 
37				/> 
38 
39				<div 
40					id="${carouselId}" 
41					class="carousel slide" 
42					data-bs-ride="false" 
43					data-bs-interval="false" 
44					data-bs-touch="true" 
45
46 
47					<div class="carousel-inner"> 
48 
49						<#list 0..(totalSlides - 1) as slideIndex> 
50							<#assign 
51								startIndex = slideIndex * cardsPerSlide 
52								endIndex = startIndex + cardsPerSlide - 1 
53							/> 
54 
55							<#if endIndex gt totalItems - 1> 
56								<#assign endIndex = totalItems - 1 /> 
57							</#if> 
58 
59							<div class="carousel-item <#if slideIndex == 0>active</#if>"> 
60								<div class="row g-4"> 
61 
62									<#list startIndex..endIndex as itemIndex> 
63										<#assign 
64											entry = filteredEntries[itemIndex] 
65											article = journalArticleLocalService.getLatestArticle(entry.classPK?number) 
66										/> 
67 
68										<div class="col-12 col-md-6 col-xl-4"> 
69											${articleService.getContentByClassPK(entry.classPK?number, "50306")} 
70										</div> 
71									</#list> 
72 
73								</div> 
74							</div> 
75						</#list> 
76 
77					</div> 
78 
79					<div class="carousel-indicators position-static d-flex justify-content-center align-items-center gap-2 mt-4 mb-0 mx-0"> 
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81							<#assign 
82								startItem = (slideIndex * cardsPerSlide) + 1 
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84							/> 
85 
86							<#if endItem gt totalItems> 
87								<#assign endItem = totalItems /> 
88							</#if> 
89 
90							<button 
91	type="button" 
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96	<#if slideIndex == 0> 
97		aria-current="true" 
98	</#if> 
99	aria-label="عرض الأخبار من ${startItem} إلى ${endItem}"> 
100</button> 
101						</#list> 
102					</div> 
103 
104				</div> 
105 
106			</#if> 
107 
108		</#if> 
109	</div> 
110</section> 
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112(function () { 
113	function updateDotsStyle(carouselId) { 
114		var carousel = document.getElementById(carouselId); 
115 
116		if (!carousel) { 
117			return; 
118
119 
120		var dots = carousel.querySelectorAll('.carousel-indicators button'); 
121 
122		dots.forEach(function (dot) { 
123			dot.style.width = '16px'; 
124			dot.style.height = '16px'; 
125			dot.style.padding = '0'; 
126			dot.style.borderRadius = '50%'; 
127			dot.style.opacity = '1'; 
128 
129			if (dot.classList.contains('active')) { 
130				dot.style.backgroundColor = '#1b8354'; 
131				dot.style.border = '2px solid #1b8354'; 
132			} else { 
133				dot.style.backgroundColor = '#ffffff'; 
134				dot.style.border = '2px solid #d2d6db'; 
135
136		}); 
137
138 
139	var carouselId = '${carouselId}'; 
140 
141	updateDotsStyle(carouselId); 
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144 
145	if (carousel) { 
146		carousel.addEventListener('slid.bs.carousel', function () { 
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148		}); 
149 
150		carousel.addEventListener('slide.bs.carousel', function () { 
151			setTimeout(function () { 
152				updateDotsStyle(carouselId); 
153			}, 50); 
154		}); 
155
156})(); 
157</script>