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Saudi Arabia’s GDP expands 2.7% in first quarter

By Thomson Reuters May 1, 2025 | 3:47 AM

DUBAI (Reuters) -Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with diversifying away from hydrocarbons.

The kingdom’s real gross domestic product (GDP) increased 2.7% year-on-year in the first quarter, flash estimates by the government’s statistical authority showed on Thursday.

(Reporting by Hadeel Al Sayegh and Manya Saini in Dubai; Editing by Alex Richardson)