Saudi Arabia projected 3rd fastest-growing G20 economy in 2027: IMF

RIYADH — Saudi Arabia is projected to rank as the third fastest-growing economy among G20 nations in 2027, according to forecasts by the International Monetary Fund.Based on the IMF’s World Economic Outlook for 2026-2027, Saudi Arabia is expected to remain among the fastest-growing G20 economies in 2026 with growth of 3.1%.For 2027, the IMF projected stronger acceleration in the Kingdom’s economic performance, forecasting growth of 4.5%.That would place Saudi Arabia behind Indonesia and India, while ahead of China among G20 economies.Saudi Arabia’s Ministry of Investment said on its official X account that the Kingdom continues to demonstrate resilient and steady economic growth despite ongoing regional geopolitical tensions.