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Statistics Authority reports July revenue rise

Statistics Authority reports July revenue rise

Statistics from the General Authority for Statistics have shown that Saudi Arabia's gross domestic product and operating revenues experienced a significant increase in July 2026. The official revenue index recorded a year-on-year rise of 4.9% and a monthly increase of 1.2%, driven by growth in manufacturing, construction, and wholesale and retail trade activities. Additionally, the number of building permits issued grew by 4.4% compared to the previous year and by 15.5% month-on-month. Employee compensation also rose by 7.4% annually, reflecting growth across the mining, manufacturing, transportation, and storage sectors.

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