Saudi Arabia’s Ministry of Finance projects real GDP growth of 4.6% for 2026. Non-oil activities are expected to increase, driving much of this growth. For 2025, the ministry forecasts a 4.4% growth, supported by a 5.0% rise in non-oil sectors. Stronger domestic demand and improved employment rates contribute to this performance. These projections reflect the government’s ongoing efforts to diversify the economy under Vision 2030.
The government actively focuses on expanding non-oil industries such as tourism, logistics, and technology. This strategy aims to reduce reliance on oil revenues and create sustainable economic growth. Analysts note that the positive outlook highlights the Saudi economy’s resilience. It also demonstrates the country’s capacity to adapt to global economic challenges.
