Our GDP Tracker suggests that the Saudi economy strengthened in the final quarter of 2016 as the drag from fiscal austerity eased. Headline GDP growth is likely to slow sharply in the first half of this year on the back of oil production cuts, but we think the consensus and the IMF are now overly pessimistic on growth over 2017 as a whole.
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