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Insights

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.

The outlook for the Saudi economy in 2012

Presented to the Riyadh Group for British Business. These slides look at the outlook for the Saudi economy in 2012 and examine the recent government budget.

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The Saudi Economy in 2012

Macroeconomic report

We expect another year of reasonable performance in 2012. Non-oil growth will be strong and inflation should ease. Lower oil production will cause total real economic growth to slow, and combined with lower prices, will reduce the budget and current account surpluses.

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Economic projections for 2011 revised up

Macroeconomic report

We have revised some of our 2011 forecasts to take account of a recent flow of data that has generally been stronger than we had anticipated. Although risks to our outlook are on the downside for the remainder of the year given the uncertainty over events in the Eurozone, 2011 will be a year of strong performance for the Saudi economy.

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