IMF improves Saudi Arabia’s 2025
growth forecast to 3.6%
The International Monetary Fund
(IMF) has revised Saudi Arabia’s economic growth forecast for 2025 to 3.6%, up
0.6 percentage points from its April estimate. The improved outlook reflects
stronger oil revenues and sustained expansion in non-oil sectors, driven by
reforms under Vision 2030.
In its latest World Economic
Outlook report, released Tuesday, the IMF also increased the Kingdom’s 2026
growth projection to 3.9%, citing continued economic diversification and
structural transformation.
Read More IMF
hails Saudi Arabia’s economic transformation successes
With these updated figures, Saudi
Arabia is positioned among the world’s fastest-growing major economies,
trailing only India (6.4%) and China (4.8%) in 2025. The forecast also exceeds
the projected Middle East and North Africa regional average of 3.4%.
The IMF highlighted that the
Kingdom’s economy is benefiting not only from a rebound in oil activity but
also from robust growth in non-oil industries such as tourism, logistics, and
manufacturing, further solidifying Saudi Arabia’s status as a key driver of
regional and global economic momentum.
Source:
Zawya
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