Riyadh, Saudi Arabia — Saudi Arabia’s real gross domestic product grew 3% year-on-year in the first quarter of 2026, supported by gains across oil, non-oil and government activities, official data showed on Tuesday.
According to the General Authority for Statistics (GASTAT), all major economic sectors recorded positive annual growth during the quarter, reflecting continued momentum in the kingdom’s economic diversification drive.
Oil activities rose 2.9% from a year earlier, matching growth in the non-oil economy, while government activities expanded 1.5%.
The figures were calculated using GASTAT’s recently adopted moving-chain methodology, which uses updated prices and weights from the preceding year to measure real economic growth and better capture changing economic conditions.
Saudi Arabia has increasingly focused on expanding non-oil industries under its Vision 2030 programme, while continuing to rely on energy exports as a key driver of economic activity.
The latest data suggest growth remained broadly distributed across the economy despite fluctuations in global energy markets.
