Gross Domestic Product (GDP) According to the Central Department of Statistics and information (CDSI), GDP is estimated to reach SR 2,794.8 (US $745.3) billions in current prices in 2013, reflecting a growth rate of (1.54) percent. The private sector is estimated to grow by (9.38) percent, whereas the oil sector declined by (3.83) percent in 2013. In real terms, GDP for 2013 is estimated to grow by (3.8) percent compared to (5.81) percent last year. The oil sector is estimated to decline by (0.61) percent while the government sector is estimated to grow by (3.73) percent and the private sector by (5.5) percent in 2013. The private sector's contribution to GDP is expected to exceed (58.75) percent. All components of non-oil GDP recorded positive and healthy growth in 2013. Specifically, non-oil industrial sector is estimated to grow by (4.72) percent; construction by (8.11) percent; transport, storage and communication sector by (7.20) percent; wholesale, retail, restaurants, and hotels by (6.16) percent; and finance, insurance and real estate by (4.86) percent. 2 - General Price Level Inflation, as measured by the cost of living index for 2007 base year, is estimated to increase by (3.35) percent in 2013, while the non-oil GDP deflator is estimated to increase by (1.85) percent. --More 16:59 LOCAL TIME 13:59 GMT تغريد
