Highlights the latest economic developments in Saudi Arabia with macroeconomic and sector-specific briefs based on current market trends in the Kingdom.
Monthly Economic Briefs
The U.S.-Saudi trade relationship rebounded from the pandemic lows of 2020 and posted record high exchanges of non-oil and non-defense goods. Total trade volume totaled SAR92.5 billion ($24.7 billion), rising...
Recent reforms in Saudi Arabia have led to a significant decline in water use by the agricultural sector, the construction of more energy-efficient reverse osmosis (RO), solar-supported water systems, and...
KEY FINDINGS INCLUDE: 2021 Performance: The deficit for 2021 is estimated to reach SAR85 ($23 billion), or 2.7 percent of GDP, compared to an expected SAR141 billion ($38 billion) deficit...
Saudi Arabia’s foreign direct investment (FDI) inflows are set to hit the highest level in a decade this year amid strong recovery in the non-oil economy and significant privatization deals...
The Saudi leisure & entertainment sector is witnessing large-scale investments borne by the Kingdom’s diversification strategy aimed at raising domestic spending and attracting international visitors through enhanced in-country amenities and...
Following a tumultuous year for oil markets and international travel, Saudi Arabia’s economy returned to a growth footing in Q2 2021. The Saudi economy grew 1.8 percent YoY in Q2...