The political environment is moderately free, but is overshadowed by poor global peace rankings. The economy should partially recover from the Coronavirus (COVID-19) pandemic in 2021, with real GDP growth remaining modest in the medium term, aided by the Saudi Vision 2030 diversification strategy. The country will remain affluent, with growing influence of female consumers. The technological landscape underperforms, but initiatives in areas like fintech, m-commerce and 5G services hold promise.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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