Official GDP data show that the contraction in Saudi Arabia’s economy worsened in Q2 and our GDP Tracker suggests that downturn deepened further at the start of Q3. We expect a recovery to get underway in 2018-19, but it is likely to be weaker than most anticipate. Meanwhile, GDP data from Qatar confirmed that the blockade imposed by regional powers has dealt a blow to its economy.
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