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.
Strong economic growth in the third quarter
Macroeconomic reportThe latest economic growth data released last week confirm that the healthy performance of the Saudi economy continued into the third quarter of 2012. In real terms (that is, adjusted for price movements) the economy was 5.87 percent larger in the third quarter of 2012 than in the same quarter of 2011. This strong performance was mainly driven by a solid growth in the non-oil government sector.
