Saudi Arabia’s economy experienced a growth of 2.7% year-on-year in the first quarter of 2025, according to preliminary estimates released by the government’s statistical authority. This growth was bolstered by increased activities in the non-oil sector as the kingdom continues its efforts to diversify its economy away from oil and gas reliance.

The flash estimates highlight the kingdom’s ongoing transition towards a more diversified economic structure. The expansion in the non-oil sector is part of Saudi Arabia’s broader strategy to reduce its dependence on hydrocarbons, which has been a significant driver of the nation’s economic performance.

This information was reported by Hadeel Al Sayegh and Manya Saini in Dubai, with editing by Alex Richardson. The growth figures reflect the government’s commitment to fostering economic resilience amid global market fluctuations.