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 Labor Market Update - 2024
Labor Market reportThe General Authority for Statistics’ (GaStat) latest labor market release shows that Saudi unemployment dropped to 7 percent at the end of 2024, reaching Vision 2030’s target six years ahead of schedule.
The Saudi Economy in 2025
Macroeconomic reportSaudi Arabia’s non-oil economy continues to expand at a brisk pace. We forecast real non-oil GDP growth of 4.4 percent in 2025, firming from a preliminary 4.3 percent in 2024. Growth will be driven by both consumption and investment, with net exports a drag.
