IMF Lowers Saudi Arabia’s Growth Outlook
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Saudi Arabia’s economic outlook has dimmed as the International Monetary Fund slashes growth forecasts amid volatile oil markets and geopolitical tensions. The Kingdom’s 2025 GDP expansion is now projected at 3%, down from 3.3%, while 2026 estimates were trimmed to 3.7%—a 0.4 percentage point reduction. Disruptions in global crude supply chains, escalating trade barriers, and regional conflicts are squeezing Riyadh’s revenue streams. These downward revisions signal mounting headwinds for Crown Prince Mohammed bin Salman’s diversification push as the petrostate navigates an era of energy uncertainty.
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