Saudi Arabia: 2025 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary Fund. Middle East and Central Asia Dept.

Volume/Issue: Volume 2025 Issue 223

Publication date: August 2025

ISBN: 9798229019989

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Topics covered in this book

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Exports and Imports , Inflation , Economics- Macroeconomics , Public Finance , totaling SDR , PRGT loan resource , deposit of SDR , about SDR , PRGT subsidy resource , equivalent to SDR , Oil prices , Imports , Global , Sub-Saharan Africa , Middle East , North Africa

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Summary

As its economic diversification advances, Saudi Arabia has shown strong resilience to external shocks. Non-oil economic activities continue to expand, inflation is contained, and unemployment has fallen to record-low levels. While lower oil proceeds and investment-linked imports led to the emergence of twin deficits, the country maintains ample external and fiscal buffers.