IMF expects Saudi economy to grow by 3.6% in 2025 and 3.9% in 2026

The World Economic Outlook report, released today by the International Monetary Fund, revealed that the Saudi economy is expected to grow by 3.6% in 2025 and 3.9% in 2026, one of the highest growth rates among economies in the Middle East and Central Asia.

Last June, the IMF estimated that Saudi Arabia’s GDP growth in 2025 would reach 3.5% from 3%, citing factors including demand for government-led projects and support from the OPEC+ alliance’s plan to phase out oil production cuts.

The World Economic Outlook is a survey of economic prospects and policies conducted by the IMF team and is typically published twice a year, with occasional updates. It provides analysis and forecasts of the global economy over the near and medium term, which are essential elements of the IMF’s monitoring of economic developments and policies in its member countries and the global economic system. It addresses issues affecting advanced, emerging and developing economies, as well as topics of pressing importance today.