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IMF: Saudi economy to grow 5.5% in 2027

IMF: Saudi economy to grow 5.5% in 2027

The International Monetary Fund has confirmed that the Saudi economy is demonstrating resilience in the face of geopolitical tensions and is preparing to achieve a growth rate of 5.5% in 2027. The report highlights that Saudi Vision 2030 has contributed to a sustainable economic transformation, with expectations to boost GDP growth to 6% over the next decade thanks to the adoption of artificial intelligence across various sectors. It also indicated that Saudi public debt remains sustainable, sovereign risk is low, and the kingdom's foreign assets of the central bank are projected to reach $437 billion by the end of 2025. Additionally, non-oil growth reached 4.2% in 2025, helping to strengthen the stability of the Saudi economy.

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