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Macro - Country Economic Forecasts - Saudi Arabia

Publisher Oxford Economics
Published Mar 04, 2026
Length 7 Pages
SKU # OFE21076993

Description

The escalation of geopolitical tensions following the joint strikes on Iran from the US and Israel on February 28 has triggered major disruption across the Gulf region, but Saudi Arabia so far remains largely unaffected. Our baseline assumption is that the immediate conflict will last for two weeks and our colleagues at Alpine Macro have provided some in-depth analysis. However, the impact on perceptions of regional safety and the cancellation of events such as the Formula 1 Grand Prix (currently scheduled next month) will hamper progress against Vision 2030 targets.

Table of Contents

7 Pages
Saudi Arabia: Growth slows temporarily amid regional tensions
Forecast overview
Recent developments
Short
term outlook
Key drivers of our short
term forecast
Economic risk
Economic risk evaluation
What to watch out for
Exposure to key global risks
Background
Economic development
Structure of the economy
Politics
Economic policy

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