The International Monetary Fund (IMF) raised its newly released forecast for Saudi Arabia's economic growth from 4.5% in 2025 to 5.5%, up from 4.5% in its previous report issued in
October 2025. October 2023.

These amendments to the Fund's forecasts came as indicated by the data it recently released in its report; World Economic Outlook Update January 2024, referring to the optimistic outlook on the performance of the Saudi economy and its strength and positive growth despite the risks, challenges and global conditions witnessed by most economies.

These positive outlooks come in accordance with the data it recently issued in its report; World Economic Outlook Update January 2024. The positive outlook comes as a confirmation of the growth and prosperity of the Saudi economy, which has strengthened its leadership at the regional and international levels.

The global economy is expected to grow by 3.1% in 2024 and 3.2% in 2025.

The report predicted that the global economy will grow by 3.1% in 2024 and 3.2% in 2025.