Saudi economy expected to grow 3.3% in 2025: IMF

10:04 AM (Mecca time) Argaam


Saudi Arabia’s economy is expected to grow by 3.3% and 4.1% in 2025 and 2026, respectively, a new report released by the International Monetary Fund (IMF) showed.

 

The fund raised the 2025 growth forecasts from 4.6% previously in October due to extending the OPEC+ output reduction agreement.

 

The IMF cut its growth forecast for the Middle East and North Africa this year, largely reflecting lower expectations for Saudi Arabia's economic growth to 1.3% in 2025, compared to previous estimates.

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