Our GDP Tracker suggests that growth in Saudi Arabia’s economy slowed to under 2% y/y at the start of this year. Consumer spending may receive a boost over the coming months following King Salman’s decision to grant public sector workers an additional bonus. But this will only be temporary, and we expect growth to settle at rates of 1.5-2.0% over the next couple of years.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services