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.
Strong economic growth in the first half
Macroeconomic reportNew data show that economic growth in the first half of the year was strong, at 26.1 percent year-on-year in nominal terms, with oil by far the fastest growing sector, at 39.5 percent. Non-oil growth was 12.9 percent, with the non-oil private sector growing by 8.4 percent.
Economic projections for 2011 revised up
Macroeconomic reportWe have revised some of our 2011 forecasts to take account of a recent flow of data that has generally been stronger than we had anticipated. Although risks to our outlook are on the downside for the remainder of the year given the uncertainty over events in the Eurozone, 2011 will be a year of strong performance for the Saudi economy.
The Saudi Economy Going Forward
Presented to the MASCI Investment Forum. These slides examine the outlook for the Saudi economy in 2011 and place the Kingdoms position in the context of a still troubled global economy
Global and Regional Economic Outlook
Macroeconomic reportPresented to the Sixth Middle Eastern Base Oils and Lubricants Conference. This set of slides focuses on the current trends within the global and regional economy and the outlook.
Trends Affected Saudi Arabia’s Economy
Presented to the Investing in Saudi Arabia in 2010 Conference. This collection of slides looks at prospects for the global economy and implications for the Kingdom and its stock market.