Saudi Arabia’s economy is expected to grow by 3.3% and 4.1% in 2025 and 2026, respectively, a new report released by the International Monetary Fund (IMF) showed.
The fund raised the 2025 growth forecasts from 4.6% previously in October due to extending the OPEC+ output reduction agreement.
The IMF cut its growth forecast for the Middle East and North Africa this year, largely reflecting lower expectations for Saudi Arabia’s economic growth to 1.3% in 2025, compared to previous estimates.
Saudi Arabia’s economy is expected to grow by 3.3% and 4.1% in 2025 and 2026, respectively, a new report released by the International Monetary Fund (IMF) showed.
The fund raised the 2025 growth forecasts from 4.6% previously in October due to extending the OPEC+ output reduction agreement.
The IMF cut its growth forecast for the Middle East and North Africa this year, largely reflecting lower expectations for Saudi Arabia’s economic growth to 1.3% in 2025, compared to previous estimates.
