Saudi economy stronger in Q4, consensus too bearish on 2017

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.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.