The International Monetary Fund forecasts that Saudi Arabia will rank as the third-fastest-growing economy among G20 nations in 2027, driven by an acceleration in economic activity.

According to the IMF’s World Economic Outlook for 2026–2027, the Kingdom is expected to grow by 3.1% in 2026, maintaining its position among the fastest-growing G20 economies. Growth is projected to rise to 4.5% in 2027, placing Saudi Arabia behind Indonesia and India, and ahead of China within the group.

The projections come amid continued signs of resilience in the Saudi economy despite regional geopolitical pressures. The Ministry of Investment of Saudi Arabia said the Kingdom continues to demonstrate steady expansion, supported by ongoing economic reforms and diversification efforts.

Earlier IMF estimates also pointed to strong near-term growth, with Saudi Arabia expected to post one of the highest growth rates among G20 economies in 2026. The outlook aligns with upward revisions from several international institutions, including the World Bank, Moody’s, Fitch Ratings, Standard Chartered, and S&P Global, as well as projections from the Saudi Ministry of Finance.

Saudi Arabia’s growth outlook also outpaces broader benchmarks, exceeding the average for emerging markets and developing economies, estimated at 4.2%, as well as the 1.8% projected for advanced economies and the global average of 3.3%.