Saudi Arabia is handing parts of Vision 2030 projects to private sector and adjusting timelines to avoid economic overheating
Saudi economy
Latest in Saudi economy
General Authority for Statistics
Saudi inflation rises 2.1% in December as housing costs drive prices
Consumer prices edged up 0.1% month on month, with higher rents and transport costs remaining key contributors to inflation, official data shows
Saudi economy
Saudi Arabia launches sweeping reforms and mega-projects in early 2026
Saudi Arabia begins 2026 with landmark data centre, capital market reforms, metro expansion and geopolitical moves
General Authority for Statistics
Saudi industrial sector posts double-digit growth in November
Production index climbs 10.4% year on year on stronger oil and non-oil activity
Riyadh Bank
Saudi Arabia’s non-oil private sector growth slows in December, PMI shows
Saudi Arabia’s non-oil private business sector remained firmly in growth territory in December
General Authority for Statistics (GASTAT)
Saudi non-oil exports jump 32.3% in October as trade surplus widens
Latest data from GASTAT shows strong growth in re-exports and merchandise trade, with China remaining the Kingdom’s top trading partner
BCG
Saudi Arabia wealth expands to $1.25tn as real assets near $3tn
Saudi Arabia’s financial wealth rose to $1.25tn in 2024, with changing growth dynamics and new imperatives for wealth managers
Saudi Budget
Saudi Arabia approves $350bn budget as growth, diplomacy and innovation accelerate
Saudi Arabia approved a $350bn budget as GDP growth, regional diplomacy and innovation milestones cap end to 2025
Saudi economy
Saudi Arabia posts 4.8 per cent GDP growth in Q3 2025 on strong oil and non-oil performance
Saudi Arabia’s real GDP rose 4.8 per cent in Q3 2025, driven by 8.3 per cent growth in oil activities and steady non-oil expansion
Saudi Budget
Saudi Arabia transport sector attracts $75bn investments and adds 144,000 jobs
Saudi Arabia’s transport and logistics sector secured $74.7bn in investments as air freight, jobs and logistics centres expand
Ministry of Finance - Saudi Arabia
Saudi finance minister says budget deficit is strategic and will not curb government spending
Government’s expansionary expenditure to reach $350bn in 2026, and increase to approximately $380bn in 2028
Saudi Budget
Saudi Arabia approves 2026 budget: $349.2bn spending, $305.9bn revenue
Saudi Arabia has approved its 2026 state budget with $349.2bn in spending, $305.9bn in revenue and a $44bn deficit
Saudi Arabia
Al-Falih: Strategic reforms, location boost Saudi Arabia’s global competitiveness
Minister of Investment Khalid Al-Falih says Saudi Arabia is emerging as a central hub in global supply chains, driven by Vision 2030 reforms, a strong investment climate, and a strategic geographic position
gcc economy
Saudi recovery and diversification to anchor GCC growth amid mixed global outlook – report
Global growth is expected to remain steady but subdued through 2026 and 2027, with Saudi Arabia’s oil rebound and diversification efforts set to drive the Gulf’s resilience, says Moody’s Ratings
Davos in the Desert
Saudi to scale back state spending, boost private investment as startups draw $1bn – minister Al-Falih
Investment Minister Khalid Al-Falih says Saudi is entering a new phase of economic diversification, with $1 billion deployed into startups and 60% of Middle East venture funding now originating in the kingdom
Ministry of Investment - Saudi Arabia
Saudi Arabia has achieved 85% of its Vision 2030 target six years ahead of time
Minister of Investment Khalid Al-Falih says Saudi has already crossed the target for number of regional headquarters and for women in workforce
Moody’s Investors Service
Saudi Arabia’s Vision 2030 faces its credit ceiling as foreign funding rises – Moody’s
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
