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.
Macroeconomic Update - Pick-up in non-oil activity
Macroeconomic reportOur economic forecast for the Kingdom has been revised down wholly on the account of developments related to the oil market. Whilst we previously expected overall growth to hit 2 percent in 2019, a downward revision in oil sector GDP means that we now see growth at around 1.6 percent.
Saudi Labor Market Update - Q1 2018
Labor Market reportThe latest General Authority for Statistics (GaStat) labor market release for Q1 2018 shows that unemployment rate has inched slightly upwards to 12.9 percent, up from 12.8 for the last two quarters of 2017.
