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Saudi Arabia's economy tops growth expectations among the G20 countries at 7.9%

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Saudi Arabia's economy tops growth expectations among the G20 countries at 7.9%

Listen to the article. The audio text is automated, generated by an automated system

The Saudi Ministry of Investment revealed that the Kingdom leads the growth expectations of the G20 countries in 2027, according to estimates by the International Monetary Fund.

The growth rate of the Saudi economy among the G20 countries for the year 2027 reached about 7.9%, which is the highest rate among the group’s economies.

In a similar context, the Saudi Council of Ministers considered registering foreign direct investments in the Kingdom to grow by (33.5%) in the year 2025 AD compared to 2024 AD. Emphasizing the attractiveness of the Saudi economy, its broad future prospects, and the effectiveness of the economic and structural reforms implemented in recent years within the framework of (Saudi Vision 2030).

In addition, the Saudi Ministry of Investment said that the Kingdom’s topping of growth expectations among the G20 countries reflects the strength and flexibility of the economy, and opens broader horizons for investment and growth, supported by the momentum of the private sector and the expansion of non-oil activities, which supports the trend towards a more diversified, sustainable, and investment-attractive economy.

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