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.
Saudi Labor Market Update – Q3 2019
Labor Market reportThe latest General Authority for Statistics (GaStat) labor market release for Q3 2019 shows that unemployment declined to 12 percent, down from 12.3 percent in Q2 2019.
Macroeconomic Update – November 2019: (Consistent growth in non-oil activity)
Macroeconomic reportn light of recent economic data, our revised forecast points to a modest level of growth in the Kingdom in 2019. Further downward revision in oil sector GDP means that we now see overall growth at 0.2 percent, versus 1.6 percent previously.
