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Link to original content: http://www.statista.com/statistics/1154452/saudi-arabia-contribution-of-oil-to-gdp-growth/
Saudi Arabia: contribution of oil to real GDP growth 2019 | Statista

Contribution of oil to real GDP growth Saudi Arabia 2012-H1 2019

Published by
Amna Puri-Mirza,
Mar 28, 2022
In Saudi Arabia, the contribution of real oil gross domestic product to the overall GDP growth was -1 percent during the first half of 2019. The trade dispute between the US and China affected Saudi Arabia's oil sector. It resulted in a decline in the oil sector growth in 2019 due to the decrease in prices caused by the trade war.

Contribution of oil to real gross domestic product growth in Saudi Arabia from 2012 to the 1st half of 2019

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Release date

December 2019

Region

Saudi Arabia, MENA

Survey time period

2012 to H1 2019

Supplementary notes

Note: 1 Saudi riyal is equal to 0.27 U.S. dollars or 0.22 euros as of August 2020.

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Saudi AramcoOil industry worldwideSaudi ArabiaCrude oil industry in the GCC
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