The Saudi economy is among the top three in the G20 by 2027
International Monetary Fund forecasts showed that the Saudi economy will rank third among the fastest growing economies in the Group of Twenty (G20) by 2027.
Based on a report "Global economic outlook" issued by the International Monetary Fund for the period 2026-2027, it is expected that the Kingdom of Saudi Arabia will maintain Saudi Arabiaon its position among the fastest growing G20 economies in 2026 with a growth rate of 3.1%.
As for the year 2027, the International Monetary Fund expected a greater acceleration in the Kingdom’s economic performance, anticipating a growth of 4.5%.
Therefore, the Kingdom of Saudi Arabia will rank third among the G20 economies, after Indonesia, India, and China.
The Economic Cooperation Organization was Development (OECD) indicated last March that the escalation of conflict in the Middle East had led to a deviation of Energy prices.
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