- The IMF raised Saudi Arabia 2027 growth forecast to 7.9%, from 5.5% in its previous projection.
- Kingdom’s diversified energy export routes as a source of resilience and forecast inflation to fall to 1.9% in 2026.
- IMF expects global growth to rise to 3.4% in 2027, as regional production, exports and logistics flows resume.
- Saudi Arabia Ministry of Finance projected real GDP growth of 12.8% next year and 3.9% in 2028.
International Monetary Fund Increases Economic Growth Forecast
Saudi Arabia economic growth is forecasted to reach 7.9% in 2027, up from the previous 5.5% projection issued last July. The figures were published by The International Monetary Fund (IMF) in its October 2026 World Economic Outlook report.
The IMF affirmed that the Saudi economy is proving to be highly resilient due to its diversified energy export routes. As a result, this significantly helps mitigate the impact of potential supply chain and transportation disruptions. The report also projected that the Kingdom’s inflation rate would decline to 1.9% this year, compared with 2% in 2025. The IMF further anticipated improving regional economic activity in 2027, coinciding with the resumption of production, exports and logistics services. It expects global economic growth to hit 3.1% in 2026, before accelerating to 3.4% in 2027. The report noted improving conditions and the resumption of transportation/supply flows are expected to support economic activity in 2027.
Saudi Arabia Ministry Of Finance Predicts Revenues Of SAR 1.19 T
Saudi Ministry of Finance had originally projected the Kingdom’s real GDP would grow by 12.8% in the coming year and 3.9% in 2028. Furthermore, The Ministry expects revenues for the current year to reach SAR 1.19 trillion (USD 310 billion) and expenditures SAR 1.43 trillion (USD 380 billion).
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