Riyadh – Mubasher: Saudi Arabia’s gross domestic product (GDP) in current prices jumped 17.8% year-on-year in the second quarter of 2018, according to the General Authority for Statistics’ (GASTAT) statement.
The oil sector's GDP surged 44.02% and 1.3% in current and constant prices, respectively by the end of Q2-18, compared to the year-ago period, the state-run statistics agency added.
Year-on-year, the government sector’s GDP in current prices levelled up 18.01%, while it rose 4.01% in constant prices in the three-month period ended June.
The private sector’s GDP in current and constant prices grew 3.95% and 1.79%, respectively by the end of Q2-18, compared to the year-ago period.
