Saudi Arabia looks to double GDP by 2025

19 May 2011

Khaled Al-Qusaibi, Saudi economy minister has said the kingdom is aiming to double its GDP per capita by 2025 and achieve an annual average growth rate in non-oil producing sectors of 7%, Saudi Gazette has reported. Of non-oil sectors, industry has the highest target of 8.1% growth, while the country's long-term economic strategy aims for 7.4% growth in the services sector, Al-Qusaibi said.

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