Gross Domestic Product (YoY)
Actual
-0.3%
Previous
-0.4%
Forecast
-0.4%
The Gross Domestic Product released by the General Authority for Statistics of the Kingdom of Saudi Arabia is a measure of the total value of all goods and services produced by Saudi Arabia. The GDP is considered a broad measure of economic activity and health. A rising trend has a positive effect on the Saudi riyal, while a falling trend is seen as negative (or bearish).