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.
2026 Saudi Fiscal Budget
Budget reportThe government estimates that the budget deficit widened to SAR 245b (5.3% of GDP) in 2025, largely due to lower oil revenue.
Macroeconomic update - November 2025: (Robust growth continues amid lower oil prices)
Macroeconomic reportOil GDP growth has been strong in 2025 and will be strong again in 2026 with annual average crude output gaining in both years.
