GDP Grows 3.0% Despite Conflict

Estimates from the Department of Statistics indicate that the Kingdom's Gross Domestic Product (GDP) in the second quarter of 2026 experienced a growth rate of 3.0%, compared to 2.8% in the same period of 2025, despite the war conditions and their repercussions in the region. This growth is the highest in recent years and exceeds the expectations of international financial institutions, thanks to government economic policies and incentives that positively impacted various economic sectors. The agriculture, manufacturing, and electricity sectors led the growth, with agriculture recording the highest rate at 7.8%, followed by manufacturing at 6.2%, and electricity at 5%. The data shows that most economic activities experienced growth, with the manufacturing sector making a significant contribution to the overall growth, accounting for 17.2% of the GDP, followed by the real estate sector at 12.2%.

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