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 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.
Macroeconomic update - July 2026: (Activity levels improve as economy adapts)
Macroeconomic reportThe US-Iran conflict is weighing on both oil and non-oil GDP in 2026, but the economy is showing a degree of resilience and growth will rebound in 2027.