PIF’s 11% Non-Oil GDP Claim Is Plausible — but Not Reproducible From Its Published Headline
PIF says it contributed 11% of Saudi non-oil GDP in 2025. The cumulative series implies SAR376bn for the year, but the public disclosure does not provide the model needed to reproduce it.
Saudi Industrial Production Rebounded 4.3% in June. It Was Still Down 16.3% From a Year Earlier
Saudi Arabia’s June industrial-production headline was almost entirely an oil comparison. The non-oil index was flat year on year, while manufacturing’s result depends on whether refining is included.
Saudi Arabia Economic Growth
In-depth examination of Saudi Arabia's economic growth trajectory, sectoral drivers, fiscal policy reforms, and how Vision 2030 is reshaping the Kingdom's GDP composition and expansion outlook.