Category: General Manufacturing
Saudi Arabia General Manufacturing
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Macroeconomic Outlook Report: Saudi Arabia
... (8.6%). In nominal terms, the three sectors are forecast to grow by 2.8%, 3.5%, and 3.2%, respectively, in 2024. In 2023, Riyadh was home to 23.3% of Saudi Arabia’s population and accounted for 19.6% of ... Read More
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Industry - Country Industry Forecasts - Saudi Arabia
Industry - Country Industry Forecasts - Saudi Arabia Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, falling by 2.7%, picking up to 2.7% growth in 2024. Read More
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Saudi Arabia—Socioeconomic Transformation and Growth Drivers, 2030
... growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as ... Read More
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Macro - Country Economic Forecasts - Saudi Arabia
... Saudi economy to reflect the new classification of GDP in line with the General Authority for Statistics (GAStat), which breaks down the economy into oil activities, non-oil activities, government activities and net taxes on products. Read More
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Macro - Country Economic Forecasts - Saudi Arabia
... 3.3% last year, higher than our estimate of 2.4%, and we now forecast 3.9% growth in 2022. We expect 2.1% growth in the non-oil sector this year and a 12.5% rise in the oil sector. Read More