Country Economic Forecasts > Saudi Arabia - Oxford Economics Services

Country Economic Forecasts > Saudi Arabia

Country Economic Forecasts > Saudi Arabia - Oxford Economics Services
Country Economic Forecasts > Saudi Arabia
Published Oct 06, 2015
6 pages — Published Oct 06, 2015
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

Indications are that oil production was well in excess of 10m b/d for a seventh successive month in September at 10.3m b/d and we expect the Kingdom to remain committed to the OPEC policy of preserving market share. The authorities believe the policy is working, with slower growth in non-OPEC production and US oil output falling in recent months. However, there are signs that growth in the non-oil sector is softening. The PMI fell to a three-month low in September and credit growth has fallen to its weakest since mid-2011. The authorities are also more actively talking about cutting spending, not just of waste, but also infrastructure spending and even petrol subsidies as they seek to limit the size of the budget deficit that is due to reach a huge 17% of GDP this year. After remaining flat in 2015, government spending is forecast to be cut 8% next year and this will contribute to a slowdown in non-oil growth to 2.2% from 3.0% in 2015. With only modest increases in oil production expected going forward, overall GDP growth is seen decelerating to 1.9% from 3.6% this year.

  
Source:
Document ID
317491
Country
Format:
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Sections

Title
Saudi Arabia:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Saudi Arabia" Oct 06, 2015. Alacra Store. Nov 04, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Saudi-Arabia-2111-5446>
  
APA:
Oxford Economics Services. (2015). Country Economic Forecasts > Saudi Arabia Oct 06, 2015. New York, NY: Alacra Store. Retrieved Nov 04, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Saudi-Arabia-2111-5446>
  
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