Saudi Arabia’s economy is expected to grow by 3.2% on average between 2023 and 2026, Moody’s Investors Service said in a report.
The Kingdom’s non-oil economy is projected to expand between 3% and 4% each year until 2030, according to Moody’s Analytics.
This projected growth will drive the non-oil economy to account for about 56% of the Kingdom’s GDP.
Moody’s also projected oil sector growth to be between 0.5% and 1.5% after 2025.
Earlier this month, the General Authority for Statistics announced 3.5% growth in the Kingdom’s non-oil sector in the third quarter of the year.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 