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.
Rapid growth in the Kingdom’s foreign assets – April 2012
Macroeconomic reportFor the first time, data on the total foreign assets and liabilities of all components of the Saudi economy (government, companies and individuals) has been published. It shows that their combined foreign assets grew rapidly in recent years to stand at $707 billion at the end of 2010. This is very high and represents a core source of strength for the economy.
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.
The Saudi Economy in 2012
Macroeconomic reportWe 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.