BUSINESSFINANCIAL TIMES WORLD
Saudi economy shrinks as Middle East conflict takes heavy toll
The Saudi economy experienced a 4.8% GDP contraction in the second quarter compared to the same period in 2025, attributed to the heavy toll of the Middle East conflict.
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Adjacent reporting
- Saudi economy shows resilience even as war softens growth
- Saudi economy proves resilient to Iran war fallout
- War dents Saudi's efforts to diversify economy
- Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales
- Saudi Arabia’s sizable deficit is a risk worth taking
- UN cuts global growth forecast, blaming Middle East crisis