RaboResearch - Economic Research

Country Report

Saudi Arabia: reforms are necessary to reduce economic reliance on oil

Lower oil prices put increased pressure on the Saudi economy. Growth is slowing down and the fiscal situation is under pressure. Implementation of the diversification plan (vision 2030) would be a positive factor, but will be difficult to achieve.

Economic Comment

Bewogen start van het jaar (Dutch)

Oplopende spanningen tussen Saoedi Arabië en Iran hebben macro economisch vooralsnog een beperkte impact. Echter, de spanningen zouden instabiliteit kunnen vergroten in het Midden Oosten en de huidige vluchtelingencrisis in Europa verergeren.

Country Report

Country Report Saudi Arabia

Economic growth has slowed down and government finances have deteriorated quickly as a result of lower oil prices. After his accession, King Salman has made major changes to the leadership that have consolidated power in the Sudairi clan.

Country Report

Country Report Saudi Arabia

Weaker oil markets are hurting Saudi Arabia given the high reliance of the economy and government income on the hydrocarbon sector. Fortunately, strong financial buffers provide sufficient mitigation for now.

Country Report

Country Report Saudi Arabia

Saudi Arabia’s economic growth is estimated to slow in 2013, but will pick up in 2014. Concerns about succession risks have diminished this year.

Country Report

Saudi Arabia (Country Report)

Saudi Arabia is a prosperous country due to an abundance of hydrocarbon resources and is estimated to grow by 5.6% in 2012. The country was hardly affected by contagion from the Arab Spring protests, due to substantial government hand-outs.

Country Report

Country Report Saudi Arabia

The Saudi Arabian economy is highly reliant on its oil resources. As it possesses a quarter of the world’s proven oil reserves and is the world’s only “swing producer” since it has considerable capacity to extract more barrels from its sources, the country plays an important international role.