Standard Chartered Bank

Standard Chartered Global Research (“SC Global Research”) expects Saudi Arabia to continue delivering robust GDP growth of 4.5% in 2026, outperforming the 3.4% growth rate for the global economy. In its latest Global Focus report, SC Global Research attributes Saudi Arabia’s economic resilience to sustained momentum in the oil sector. The hydrocarbon industry has returned to growth, as OPEC+ eased the production cuts that had been in place since 2023. The non-oil sector is also expected to grow steadily at 4.5%, driven by investment and consumption, and will continue supporting ...