Saudi Arabia’s economy is projected to grow by 4 % in 2025, up from previous estimates of 3 %, following a rebound in oil output, according to the International Monetary Fund (IMF).
The IMF’s World Economic Outlook report attributes the upward revision to stronger-than-expected recovery in oil production and continued momentum in non-oil sectors. Reuters
The revised forecast also nudges Saudi Arabia’s 2026 growth estimate slightly higher at 4 %. In the wider region, the IMF now expects Middle East & Central Asia GDP growth to reach 3.5 % in 2025 and 3.8 % in 2026.
The report notes that non-oil growth accounted for over 55 % of Saudi Arabia’s real GDP expansion in the first half of 2025, underscoring the success of diversification efforts. Reuters
References & Source:
Source: Reuters — “IMF ups Saudi Arabia’s 2025 GDP growth forecast to 4%”
Link: https://www.reuters.com/business/energy/imf-ups-saudi-arabias-2025-gdp-growth-forecast-4-oil-output-rises-2025-10-14/