‎OECD expects Saudi economy to grow 1.8% in 2025

‎OECD expects Saudi economy to grow 1.8% in 2025 ‎OECD expects Saudi economy to grow 1.8% in 2025

​‎

The Kingdom of Saudi Arabia’s flag

The Organization for Economic Co-operation and Development (OECD) expects the Saudi economy to grow by 1.8% in 2025.

Advertisement

In its report released today, June 3, OECD also projected that the Saudi economic growth would accelerate to 2.5% in 2026.

Meanwhile, the organization revised down its global economic growth outlook, predicting a 2.9% expansion in both 2025 and 2026, compared to 3.3% in 2024. These estimates are lower than its previous forecasts of 3.1% for 2025 and 3.0% for 2026.

Global economic prospects are weakening due to significant trade barriers, tighter financial conditions, declining business and consumer confidence, and rising political uncertainty — all of which are expected to weigh on growth, OECD stated.

 

The Kingdom of Saudi Arabia’s flag

The Organization for Economic Co-operation and Development (OECD) expects the Saudi economy to grow by 1.8% in 2025.

In its report released today, June 3, OECD also projected that the Saudi economic growth would accelerate to 2.5% in 2026.

Meanwhile, the organization revised down its global economic growth outlook, predicting a 2.9% expansion in both 2025 and 2026, compared to 3.3% in 2024. These estimates are lower than its previous forecasts of 3.1% for 2025 and 3.0% for 2026.

Global economic prospects are weakening due to significant trade barriers, tighter financial conditions, declining business and consumer confidence, and rising political uncertainty — all of which are expected to weigh on growth, OECD stated.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement