Saudi: GASTAT launches Comprehensive Economic Survey

Saudi: GASTAT launches Comprehensive Economic Survey

RIYADH — The General Authority for Statistics (GASTAT) launched the Comprehensive Economic Survey encompassing all economic activities in Saudi Arabia regardless of their size, type, or geographic scope.

The authority noted that this survey will help provide statistical data that enables decision-makers, policymakers, and investors to deal with data for the purposes of local, regional, and international comparisons, as well as for conducting studies and analyses.

The survey aims to provide accurate statistical data and indicators to update the base year in the gross domestic product (GDP), in addition to updating the statistical business record. Additionally, the survey targets to provide the necessary statistical data that contribute to identifying opportunities and defining challenges in economic development.

GASTAT pointed out that participating in providing data for the Comprehensive Economic Survey will contribute to the development of strategies and development plans, programs, and performance indicators in establishments engaged in various economic activities. It will further assist in building an integrated system of measures for the development and support of economic activities in the Kingdom, in a way that achieves the desired growth and sustainability.

GASTAT highlighted its ongoing commitment to utilizing all available resources to achieve precise statistical indicators, in line with the latest scientific methodologies