Skip to main content

Saudi: end of recession in sight, but sluggish growth persists

Saudi Arabia looks set to record its worst economic performance this year, outside of the pandemic and the global financial crisis, in more than two decades on the back of lower oil output. The worst of the downturn now appears to have passed and we expect growth to pick up in 2024, but it is likely to come in below consensus expectations.

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