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Macro - Country Economic Forecasts - Saudi Arabia

Publisher Oxford Economics
Published Jan 30, 2026
Length 7 Pages
SKU # OFE20872810

Description

Economic activity is expected to expand at a solid pace this year. Non-oil growth of 4.9% is the main driver, supported by resilient domestic demand. Oil-sector activity is expected to contribute more modestly amid production discipline. Overall, GDP growth is projected at 4.3% in 2026. This is slightly below the International Monetary Fund’s 4.5% forecast but in line with the World Bank.

Table of Contents

7 Pages
Saudi Arabia: Non-oil growth anchors resilient outlook in 2026
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
What to watch out for
Exposure to key global risks
Background
Economic development
Structure of the economy
Politics
Economic policy

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