Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...
In 2024, the GCC's economy grew steadily, with real GDP rising 3.3% in Q4 and 2.4% over the year, driven by non-oil sectors like manufacturing and trade. Nominal GDP rose 1.5%, reflecting lower oil ...
Real final sales to private domestic purchasers, a key measure of private domestic demand, have shown greater resilience. Real consumer spending contributed a total of 0.99 percentage points to real ...