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New data GDP Growth Rate YoY (Q3)

10/31/2024

actual 2.8, previous -0.3

The event is the GDP Growth Rate Year-on-Year (Q3) for Saudi Arabia, scheduled for October 31, 2024, at 06:00:00 GMT. The actual GDP growth rate for the third quarter is reported at 2.8%, surpassing the previous figure of -0.3%. The estimated growth rate was 2.5%, indicating that the actual growth exceeded expectations. This event is considered to have a medium impact on the market. The currency affected by this event is the Saudi Riyal (SAR). The change percentage from the previous period is notably high at 1033.33%, reflecting a significant improvement in the economic performance of Saudi Arabia.

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