Saudi Arabia is the world's largest producer of oil, with oil production accounting for 46% of the country's Gross Domestic Product (GDP). The services sector accounts for 36% of total wealth, which includes government services (13%), wholesale and retail commerce, restaurants and hotels (8%), and finance, insurance, and real estate (7.9%). Manufacturing (10%), building, power, gas, and water distribution (6%), and agriculture, forestry, and fishing (2%) are the other major industries.

A higher than expected figure should be seen as positive (bullish) for the SAR while a lower than expected figure should be seen as negative (bearish) for the SAR.

Details
Impact: Low
Country:
Currency: SAR
Latest Release
Previous: 4.5%
Consensus: 2.7%
Actual: 3.4%
Next Release
Date: Jul 31, 06:10
Time left: 21 days
Consensus: 2.2%