Non-oil growth to remain strong over the next 5-10 years - Moody’s
Moody’s expects the kingdom’s fiscal deficit to widen to 5% of GDP in 2025
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Moody’s expects the kingdom’s fiscal deficit to widen to 5% of GDP in 2025
The growth will be fueled by an increase in oil production and a strong non-oil sector
Bloomberg Economics forecasts 15 of 23 key monetary authorities will lower borrowing costs before year-end
The seasonally adjusted figure rose to 57.8 in September, up from 56.4 in August
On a quarterly basis, the overall unemployment rate was up 0.4 percentage points from 1Q 2025
The budget deficit is projected at SAR 165 bn in 2026
Inflows reached SAR 24.9 bn during the quarter, down 11.5% y-o-y
A majority of 72% of the leading chief economists surveyed anticipate global economic conditions to deteriorate next year
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