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Macro - Country Economic Forecasts - Saudi Arabia

Publisher Oxford Economics
Published Apr 05, 2023
Length 8 Pages
SKU # OFE17888483

Description

Macro - Country Economic Forecasts - Saudi Arabia

We expect Saudi Arabia's economy will grow 1.6% in 2023 given a weaker global environment and oil output cuts. Revised official figures show the economy expanded 8.7% in 2022, with 15.4% in oil activity, 5.4% in non-oil growth, and 2.6% in government activity.

Table of Contents

8 Pages
Saudi Arabia: Growth seen easing amidst further cuts in oil production
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Background
Economic development
Structure of the economy
politics
Economic Policy
How Do Licenses Work?
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