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Macro - Country Economic Forecasts - Saudi Arabia

Publisher Oxford Economics
Published Apr 08, 2022
Length 8 Pages
SKU # OFE17101431

Description

Macro - Country Economic Forecasts - Saudi Arabia

We have updated our model of the Saudi economy to reflect the new classification of GDP in line with the General Authority for Statistics (GAStat), which breaks down the economy into oil activities, non-oil activities, government activities and net taxes on products.

Table of Contents

8 Pages
Saudi Arabia: Growth now seen at 6.2% amid stronger non-oil recovery
Forecast overview
Robust growth in non-oil activity
Rebalancing the oil market
Key drivers of our short-term forecast
Reforms are welcome, but more to do
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics
Economic policy
How Do Licenses Work?
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