What was Saudi Arabia's GDP growth in 2025?

Saudi Arabia's GDP grew by 4.5% in 2025, marking the fastest pace in three years and the strongest expansion since 2022.

How did the oil sector contribute to Saudi Arabia's economy in 2025?

The oil sector grew by 5.6% in 2025, driven by increased crude oil production under the OPEC+ supply policy, with Saudi Aramco pumping around 10 million barrels per day in the final quarter.

What is the IMF's economic growth forecast for Saudi Arabia in 2026?

The International Monetary Fund has upgraded its 2026 economic growth forecast for Saudi Arabia to 4.5%, citing benefits from higher oil production and a healthy non-oil sector.

Home / Business and Economy / Saudi Economy Surges: Oil Powers Fastest Growth in 3 Years

Saudi Economy Surges: Oil Powers Fastest Growth in 3 Years

1 Feb

•

Summary

Saudi GDP grew 4.5% in 2025, the fastest pace in three years.
Oil sector growth reached 5.6%, driven by increased production.
IMF forecasts 4.5% growth for 2026, citing strong oil and non-oil sectors.

Saudi Economy Surges: Oil Powers Fastest Growth in 3 Years

Saudi Arabia's economy achieved its fastest growth in three years in 2025, expanding by 4.5% as preliminary data revealed. This marked the strongest expansion since 2022. The oil sector was a significant contributor, showing a 5.6% growth rate.

This robust performance was fueled by Saudi Aramco's increased crude oil production, averaging around 10 million barrels per day in the final quarter of 2025, the highest since early 2023. These supply increases align with the OPEC+ policy led by the kingdom and Russia.

While non-oil activities also showed resilience, their momentum saw a gradual slowdown for the third consecutive year. The kingdom faces ongoing fiscal pressures, including budget deficits and planned spending cuts, prompting adjustments to major project timelines.