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.
![report image](/sites/default/files/2022-01/report-labor-market_5.jpg)
![report image](/sites/default/files/2022-01/report-monthly-chartbook_38.jpg)
![report image](/sites/default/files/2022-01/report-macroeconomic_12.jpg)
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.
![report image](/sites/default/files/2022-01/report-macroeconomic_37.jpg)
![report image](/sites/default/files/2022-01/report-monthly-chartbook_83.jpg)