30.04.202606:00:00UTC+00Saudi Arabia’s GDP Growth Cools to 2.8% in Q1 2026, Marking Sharp Year-on-Year Slowdown

Saudi Arabia’s economic growth slowed markedly at the start of 2026, with gross domestic product expanding 2.80% year-on-year in the first quarter, down from 5.00% in the fourth quarter of 2025. The latest data, updated on 30 April 2026, underline a clear loss of momentum in the kingdom’s annual growth pace.

Both readings are based on year-over-year comparisons, measuring how the economy performed in each quarter relative to the same period a year earlier. The current figure shows that, while Saudi Arabia continues to grow, the rate of expansion has nearly halved between late 2025 and early 2026, signaling a cooler phase after a stronger finish to last year.

The deceleration in Q1 2026 will be closely watched by investors and policymakers, as it may influence expectations for fiscal planning, investment decisions and broader economic strategy in the months ahead.