‎Saudi economic growth forecast reflects resilience: Ministry

‎Saudi economic growth forecast reflects resilience: Ministry ‎Saudi economic growth forecast reflects resilience: Ministry

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Logo of The Ministry of Investment

The Ministry of Investment said Saudi Arabia’s leading position in projected economic growth among G20 countries in 2027, at 7.9% based on International Monetary Fund (IMF) data for October 2026, reflects the strength and resilience of the Kingdom’s economy and opens broader prospects for investment and growth.

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In a post on the social media platform X, the ministry said this outlook is supported by strong private-sector momentum and expanding non-oil activities, paving the way toward a more diversified, sustainable, and investment-attractive economy.

G20 Economic Growth Forecasts for 2027

Saudi Arabia

7.9%

India

7.0%

Indonesia

5.1%

China

4.0%

Turkey

3.6%

Argentina

3.5%

South Korea

2.8%

US

2.3%

Brazil

1.9%

Mexico

1.8%

Canada

1.7%

Australia

1.6%

South Africa

1.3%

UK

1.2%

Germany

1.1%

Russia

0.9%

France

0.7%

Japan

0.7%

Italy

0.6%

 

‎

Logo of The Ministry of Investment

The Ministry of Investment said Saudi Arabia’s leading position in projected economic growth among G20 countries in 2027, at 7.9% based on International Monetary Fund (IMF) data for October 2026, reflects the strength and resilience of the Kingdom’s economy and opens broader prospects for investment and growth.

In a post on the social media platform X, the ministry said this outlook is supported by strong private-sector momentum and expanding non-oil activities, paving the way toward a more diversified, sustainable, and investment-attractive economy.

G20 Economic Growth Forecasts for 2027

Saudi Arabia

7.9%

India

7.0%

Indonesia

5.1%

China

4.0%

Turkey

3.6%

Argentina

3.5%

South Korea

2.8%

US

2.3%

Brazil

1.9%

Mexico

1.8%

Canada

1.7%

Australia

1.6%

South Africa

1.3%

UK

1.2%

Germany

1.1%

Russia

0.9%

France

0.7%

Japan

0.7%

Italy

0.6%

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