Insights
Investing in insights
As major economic transformations unfold in Saudi Arabia and around the world, Jadwa is a trusted source of macroeconomic research and insight for investors and the broader business community.
Insights
As major economic transformations unfold in Saudi Arabia and around the world, Jadwa is a trusted source of macroeconomic research and insight for investors and the broader business community.
Budget report
The government estimates the 2026 budget deficit at SAR 245b (4.9% of GDP) - larger than planned (SAR165b), but smaller than the deficit in 2025 (SAR 277b).
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Macroeconomic report
Real GDP declined by 4.7% in Q2-26 compared with Q2-25 as the US-Iran war led to lower oil output and exports.
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