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Share of non-oil activities in Saudi Arabia’s GDP to surge by 2030: S&P Global

Share of non-oil activities in Saudi Arabia’s GDP to surge by 2030: S&P Global

  • By 2030, the oil sector’s share of GDP is expected to drop from over 30% in early 2024 to between 24 and 26%
  • Saudi government has announced plans to raise oil production to 11 million barrels per day by 2028
By MANAL AL-BARAKATI ·

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