The kingdom’s trillion-dollar transformation is now constrained less by oil prices than by liquidity pressures, with banks and state-backed companies turning to global markets to plug funding gaps, Moody’s says
Saudi economic outlook
Latest in Saudi economic outlook
Public Investment Fund
ANALYSIS: Inside Saudi Arabia’s sprint to hit SAR1.2tn non-oil GDP by 2025
Saudi Arabia’s ambitious target of SAR1.2tn in non-oil GDP by next year is testing both its resolve and resources
IMF
Saudi Arabia’s GDP growth revised down to 1.5% by IMF for 2024
The Fund, however, estimated the Kingdom’s GDP growth to accelerate to 4.6% next year
liquidity
Saudi liquidity reaches all-time high of $773bn
Available funds in Saudi economy climb 9 per cent in year to reach record levels
IMF
IMF raises Saudi economy growth forecast to 5.5%
Saudi Arabia’s economy will grow 5.5 per cent this year says the IMF
IMF
IMF praises Saudi economy, highlights 8.7% GDP growth, low unemployment and women in workforce
IMF report shows strength of Saudi economy and strong progress in many fields
GDP
Revealed: Saudi Arabia predicted to clock highest non-oil sector growth in 2023
Economists also reading a likely sharp slowdown in headline GDP growth numbers in Q3 this year due to the oil production cuts
GaStat
Saudi economy climbs 3.8% in Q1, non-oil activity up 5.4%
Saudi GDP increased 3.8% in first three months of the year
business leaders
UAE, Saudi bosses say 2023 will be a good year: Report
The report comprised of 250 business leaders from across the UAE and Saudi Arabia
GDP growth
Saudi Arabia registers 8.6 percent growth in real GDP in Q3 2022
The country also reported a low inflation at 2.9 percent – one of the lowest rates among the G20 nations
business activities
Saudi economy grew 12.2 percent in second quarter, highest since 2011
Higher crude prices and a continuous post-pandemic recovery pushed the figures up
IMF
IMF predicts Saudi economy as fastest growing economy in 2022 with GDP growth of 7.6%
The announcement comes as the IMF lowers its global growth predictions as the world’s largest economies slow down
business environment
Moody’s predict Saudi economy to grow at 3.9 percent in the next 4 years
The credit rating agency said Saudi government’s ongoing structural economic, legal and social reforms to improve business environment in the country will begin to bear fruit by way of higher private sector investment growth
Jadwa Investment
Covid-19 risks to Saudi economic growth now ‘limited’ as uncertainty diminishes
Jadwa Investment says Saudi Arabia’s economy will exhibit strong levels of growth nudging 8 percent in 2022
Moody’s
Saudi Arabia’s credit rating outlook raised to stable by Moody’s
Citing the kingdom’s ability to reverse much of last year’s debt increase Saudi Arabia’s credit rating outlook was raised to stable from negative by Moody’s Investors Service.
Fitch Ratings
Pandemic impact on Saudi banks ‘contained’, says Fitch Ratings
Ratings agency says pressures on the Saudi banking sector have eased and economic activity is gradually recovering
IHS Markit
Saudi non-oil private sector growth quickens to seven-year high
IHS Markit says employment figures saw only a marginal uplift in September but the pace of job creation was the fastest since June
