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.
Macroeconomic update- November 2016: (Reform of the Saudi economy begins to take shape)
Macroeconomic reportSince the start of 2016, and in line with targets specified in the National Transformation Program (NTP 2020), prudent policies to reform the fiscal budget have been taken, with their impact on economic performance starting to take shape. We have therefore revised some of our 2016 and 2017 forecasts to take into account this recent set of reforms.
Saudi labor market update- Q3 2016
Labor Market reportThe Saudi labor market continued to point to a high degree of segmentation in Q3 2016, particularly in the employment trends between Saudis and non-Saudis. This has resulted in the Saudi unemployment rate rising despite the economy creating a near record number of job.