Riyadh, Feb. 1 -- The Kingdom of Saudi Arabia's real gross domestic product (GDP) for the fourth quarter (Q4) of 2024 achieved a growth rate of 4.4 percent compared to the same period in 2023.

This marks the highest growth rate in the last two years, driven by the main economic activities.

According to estimates from the General Authority for Statistics (GASTAT), the overall economy grew by 1.3 percent in 2024 compared to 2023, signaling a strong rebound after challenges in prior years.

This growth was driven largely by the non-oil sector, which saw a significant year-on-year increase of 4.6 percent in Q4 2024. The non-oil sector's performance highlights Saudi Arabia's successful efforts to diversify its economy and reduce reliance on ...