IMF Staff Country Reports

Saudi Arabia: 2024 Article IV Consultation-Press Release; and Staff Report

September 4, 2024

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Saudi Arabia: 2024 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2024, 280 (2024), accessed December 22, 2024, https://doi.org/10.5089/9798400288043.002

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Also available in: العربية

Summary

Saudi Arabia’s unprecedented economic transformation is progressing well. Strong domestic demand is keeping non-oil growth robust while unemployment is at record lows. Inflation is contained and the current account surplus is rapidly narrowing. The recalibration of the authorities’ investment plans would help reduce overheating risks and pressures on fiscal and external accounts.

Subject: Balance of payments, Foreign direct investment, Gender, Oil prices, Prices, Revenue administration, Women

Keywords: About SDR, Deposit of SDR, Foreign direct investment, Global, Oil prices, PRGT loan resource, PRGT subsidy resource, Totaling SDR, Women

Publication Details

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