Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Saudi Arabia’s 2027 Preliminary Budget Statement
Budget reportThe 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).
Q2 2026 GDP update: (Domestic demand holds up, trade remains down)
Macroeconomic reportReal GDP declined by 4.7% in Q2-26 compared with Q2-25 as the US-Iran war led to lower oil output and exports.
