Middle East & Africa · World Bank data · updated Sep 28, 2026
Saudi Arabia economy forecast
For 2026 the model expects inflation of 3.9%, GDP growth of 3.3% and unemployment of 3.1% in Saudi Arabia.
Inflation
CPI, annual %
3.9%
2026 forecast
Latest · 2025: 2.1%▲ +1.8 pp
GDP growth
Annual %
3.3%
2026 forecast
Latest · 2025: 4.5%▼ −1.2 pp
Unemployment
% of labor force, ILO modeled
3.1%
2026 forecast
Latest · 2025: 3.0%▲ +0.1 pp
GDP per capita
Current US$
$34,185
2026 forecast
Latest · 2025: $34,537▼ −1.0%
Population
Population, total
37.58M
2026 forecast
Latest · 2025: 36.97M▲ +1.6%
Saudi Arabia at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 2.1% 2025 | 3.9% | 5.5% | 5.6% |
| GDP growth | 4.5% 2025 | 3.3% | 2.6% | 3.6% |
| Unemployment | 3.0% 2025 | 3.1% | 3.4% | 3.5% |
| GDP per capita | $34,537 2025 | $34,185 | $33,865 | $33,709 |
| Population | 36.97M 2025 | 37.58M | 38.94M | 40.08M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Middle East & Africa
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.