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.
Q2 2025 Budget Statement: (Non-oil revenue up and spending under control)
Budget reportThe central government recorded a fiscal deficit of SR34.5 billion in Q2-25, smaller than the SR58.7 billion deficit in Q1-25 due to higher non-oil revenue.
Macroeconomic update - July 2025: (Economy performs well amid global headwinds)
Macroeconomic reportThe Saudi economy continued to grow robustly in the first half of 2025, despite external challenges from global trading uncertainty, lower oil prices and interest rates that remain high.