Saudi Arabia’s GDP Shrinks 3.8% Year on Year in Q3
Saudi Arabia’s gross domestic product fell 3.8% year on year in the third quarter as oil output declined, according to the General Authority for Statistics.
By Joseph WilkinsSaudi Arabia's gross domestic product shrank 3.8% on year in the third quarter as the Arab region's largest economy struggled to contain the fallout from the Iran war--even before the latest escalations with Yemen's Houthi militants.The General Authority for Statistics said Sunday…