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Gastat updates its 2024 GDP figures
Real GDP growth rate was revised to record 2.7% y-o-y increase in 2024
Budget deficit expands in 3Q 2025 to highest level in 5 years
Oil revenues represented nearly 56% of the total government revenues during the quarter
GDP grows 5% in 3Q as oil sector regains momentum
The oil sector posted the highest quarterly expansion in three years, with an 8.2% growth in 3Q
Oil exports inch up in August after 14 months of downtrend
Oil exports jumped 7% y-o-y to SAR 69.8 bn in August 2025
BMI sees our GDP growth accelerating to 4.1% in 2026
The uptick will be boosted by higher oil production
IMF upgrades Saudi 2025 growth forecast to 4.0%
The upward revision is boosted by an increase in crude output, coupled with a robust non-oil sector
Annual inflation eases to 2.2% in September
Housing, water, electricity, gas, and other fuels saw a 5.2% y-o-y increase during the month
S&P forecasts strong non-oil growth for Saudi Arabia amidst widening deficits
This forecast comes as the Kingdom continues its efforts to diversify the economy and reduce its reliance on the oil…
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