Oil economy shatters as GDP slows to 2.1% in Q4 2018

The growth of the oil economy declined to -2.40%, latest gross domestic product (GDP) released by the National Bureau of Statistics has shown.

This is a difference of – 0.78 percentage points from the -1.62% recorded in the fourth quarter of 2018.

The nation’s GDP also contracted to 2.01% from 2.38% in Q4 2018.