Saudi Arabia expects its non-oil economy to grow by 4.8% and 6.2% in 2025 and 2026, respectively, driven by efforts to invest in human capital and more dynamism in the private sector, said Minister of Economy and Planning Faisal Al-Ibrahim.
During a seminar entitled “Future of Global Economic Growth” at the Davos Conference 2025, Al-Ibrahim highlighted that the Saudi leadership has pushed for planning with confidence and careful management to make the Kingdom’s economy more diversified, and not to rely solely on oil. 
Saudi Arabia expects its non-oil economy to grow by 4.8% and 6.2% in 2025 and 2026, respectively, driven by efforts to invest in human capital and more dynamism in the private sector, said Minister of Economy and Planning Faisal Al-Ibrahim.
During a seminar entitled “Future of Global Economic Growth” at the Davos Conference 2025, Al-Ibrahim highlighted that the Saudi leadership has pushed for planning with confidence and careful management to make the Kingdom’s economy more diversified, and not to rely solely on oil.
