Skip to main content

Saudi recovery on the way – but relief to be short-lived

Saudi Arabia’s economy should pull out of recession this year as the drag from the oil sector fades and fiscal policy is loosened. But the relief is likely to prove short-lived and, in contrast to the consensus view that the economy will continue to strengthen next year, we think that growth will slow in 2019 as lower oil prices prompt the government to resume fiscal austerity.

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 gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access