Saudi Arabia: Oil king, with large financial assets

Strong growth in 2010-12. Growth to ease in 2013-14. Benign inflationary outlook. Fiscal surpluses. Oil revenues underpin surpluses.

Download the PDF

saudi-arabia-country-report-jun13.pdf 288 KB

Authors

Economic Outlook: Energy, trade and financial shockwaves

The Russian invasion of Ukraine has brought back significant headwinds to the global economic recovery and raised wider geopolitical risks.

More information

Euler Hermes Global economic outlook 2022

Economic outlook: Don’t look up

Global growth should remain robust but uneven, with rising divergence between advanced and emerging market economies.

More information

Social Risk Index: Leave the door open for development

Advanced Economies are generally less vulnerable to systemic social risk than Emerging Markets, and the gap between the two has widened during the pandemic.

More information

The middle-income trap: inequality across countries after Covid-19

In 2020, Covid-19 narrowed the prosperity gap between rich and poor countries as the former were at first the most affected. But over the medium and long run, its consequences could hit emerging markets harder.

More information

Liquidity matters: Corporates may need half a trillion of additional working capital requirement financing in 2021

Large companies will face a record increase in WCR in a context of a strong demand rebound triggered by the grand reopening, alongside severe shortages in inputs, labor and final goods.

More information

Abolishing fuel subsidies in a green and just transition

Abolishing fossil fuel subsidies and directing the funds to renewable energy seems like an easy win for the climate. But getting rid of them comes with steep costs for consumers, particularly the poorest households.

More information

Drivers of growth: Property and casualty insurance

Have other explanatory variables already replaced GDP as the decisive factor for insurance market growth?

More information

Race to the post Covid-19 recovery: 7 obstacles to overcome

The pace of vaccination campaigns will drive a multi-speed recovery, keeping divergence high.

More information

Digital-enabling countries proved more resilient to the Covid-19 economic shock

Our estimates show that an additional point in a country’s 2020 EDI score translated to +0.25pp GDP growth in Q3 2020 y/y.

More information

Big oil: At risk of becoming fossil firms?

After a year of low oil prices and low demand, the hit to profitability will continue in 2021 and 2022.

More information

'Dear Santa': Our economists' wish list for 2021

As 2020 draws to a close and we release our updated forecasts, our economists were caught day dreaming of a world where their boldest wishes would come true.

More information

2021-2022: Vaccine economics

The Covid-19 vaccine will supercharge global growth in 2021, but short-term headwinds, and a complete recovery only by 2022, will create transition risks.

More information