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.
![report image](/sites/default/files/2022-01/report-labor-market_25.jpg)
![report image](/sites/default/files/2022-01/report-monthly-chartbook_38.jpg)
![report image](/sites/default/files/2022-01/report-monthly-chartbook_60.jpg)
![report image](/sites/default/files/2022-01/report-monthly-chartbook_37.jpg)
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.
![report image](/sites/default/files/2022-01/report-macroeconomic_36.jpg)