Skip to main content

IMF: Improved outlook for Saudi economy, anticipating 5.5% growth in 2025

1 min

The International Monetary Fund (IMF) has revised its expectations for economic growth in Saudi Arabia, indicating a positive outlook for the Kingdom's economy.

This positive outlook confirms the growth and prosperity of the Saudi economy © Mena Today 

The International Monetary Fund (IMF) has revised its expectations for economic growth in Saudi Arabia, indicating a positive outlook for the Kingdom's economy.

The IMF now predicts a growth rate of 5.5% in 2025, an increase from its previous estimate of 4.5% issued in October 2023.

These revisions were made based on the data published in the IMF's report “Updates on Global Economic Prospects” in January 2024, which highlighted the optimistic outlook for the Saudi economy's performance and strength despite the risks and challenges present in the global economic landscape.

This positive outlook confirms the growth and prosperity of the Saudi economy, which is being driven by strong leadership both regionally and internationally.

The report also expects the global economy to achieve a growth rate of 3.1% in 2024 and 3.2% in 2025.

Related

Saudi Arabia

Exclusive-Kushner has discussed U.S.-Saudi diplomacy with Saudi crown prince

 Jared Kushner, son-in-law of former U.S. President Donald Trump, has discussed U.S.-Saudi diplomatic negotiations involving Israel with Saudi Arabia’s Crown Prince Mohammed bin Salman multiple times since leaving the Trump White House, said a source familiar with the discussions.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.