Economics and statistics

Saudi Arabia remains one of the largest oil exporters, and the dynamics of GDP and budget are sensitive to prices and production quotas.

At the same time, diversification through Vision 2030 is accelerating: infrastructure, industry, logistics, tourism and entertainment (including sports events and cultural projects) support the growth of the non-oil sector.

The currency is pegged to the US dollar, which smooths out exchange rate fluctuations and helps keep inflation moderate; the budget surplus/deficit depends on oil revenues and investment programs.

A significant role is played by the state fund (PIF), which finances giga projects and technological clusters; the banking sector is well capitalized, and cashless payments and e-commerce are expanding rapidly.

In the labor market, "Saudization" and increased participation of women continue; unemployment is gradually falling, while regional differences persist.

For monitoring: total and non-oil GDP, oil production and the average price of Brent, budget balance and public debt, balance of payments and reserves, inflation and rates, unemployment/employment, PMI of the non-oil sector, POS/online payments and tourist flow - these metrics determine the sustainability of demand for services and entertainment.