The International Monetary Fund (IMF) reinforced its positive outlook for the Saudi economy, after raising its growth rate forecast for 2026 to 4.5%, compared to its previous estimate of 4% last October, a clear sign of strong economic performance and accelerating recovery.

Saudi Arabia's economic recovery

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According to the IMF's World Economic Outlook report released on Monday, the Saudi economy is expected to continue growing in 2027, recording a growth rate of 3.6%, higher than the previous forecast of 3.2%.

The report also noted that the Fund's estimates for the growth of the Saudi economy in 2025 stabilize at 4.3%, reflecting increasing confidence in the economy's ability to maintain an upward trajectory supported by economic reforms and major development projects.