The Kingdom of Saudi Arabia’s flag
The International Monetary Fund (IMF) today, Oct. 14, raised its forecast for Saudi Arabia’s economic growth in 2025 to 4%, up from the previous projection of 3.6% made at the end of July.
According to the IMF, the upward revision reflects a faster-than-expected easing of oil production cuts, coupled with strong growth in the non-oil sector.
The Fund also raised its 2026 growth forecast for the Saudi economy to 4%, compared with its earlier July projection of 3.9%.
Regarding the global economy, the IMF’s quarterly Global Economic Outlook report projects global growth at 3.2% for 2025, up from its July forecast of 3% and the 2.8% estimate issued in April.
The Kingdom of Saudi Arabia’s flag
The International Monetary Fund (IMF) today, Oct. 14, raised its forecast for Saudi Arabia’s economic growth in 2025 to 4%, up from the previous projection of 3.6% made at the end of July.
According to the IMF, the upward revision reflects a faster-than-expected easing of oil production cuts, coupled with strong growth in the non-oil sector.
The Fund also raised its 2026 growth forecast for the Saudi economy to 4%, compared with its earlier July projection of 3.9%.
Regarding the global economy, the IMF’s quarterly Global Economic Outlook report projects global growth at 3.2% for 2025, up from its July forecast of 3% and the 2.8% estimate issued in April.
