Resources

The report reviews latest developments witnessed by the Saudi economy during fiscal year 1432/33H (2011) and the first quarter of fiscal year 1433/34H (2012). It covers various areas of the domestic economy, including monetary developments, banking activity, capital...Read More

This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model. The results indicate that the interest rate and bank lending channels are relatively...Read More

As Saudi Arabia’s oil export revenues constitute about 90% of its budget, its fiscal policy is largely a function of developments in the oil market. Over the years, a countercyclical fiscal stance has been used to reduce the volatility of domestic growth against the...Read More

Saudi Arabia is an open economy that has adopted a fixed exchange rate regime between its currency, the riyal and the US dollar. However, the recent financial crisis in the US has had a negative impact on Saudi Arabia’s inflation rates and has led to postpone the...Read More

This study aims to provide some background information on the efforts made towards the development of local manpower and replacement of foreign labor in Saudi Arabian society, especially during the last three decades of the 20th century by the end of the year 2000 A.D...Read More

From international legislative commitments to NGOs dedicated to women’s welfare, Saudi Arabia’s policies and programs are promising steps on the road to women’s full participation in its labor market. However, women still make up less than 15 percent of the national...Read More

According to the latest estimate by the Central Department for Statistics and Information (CDSI), overall unemployment stood at 10.5% in 2009 and more than 28.5% amongst females. Unemployment was also accompanied by low levels of participation among Saudi’s in the...Read More

This is part of the country policy brief series prepared by the ILO and OECD for the G20 labor and employment ministers. Each brief provides an overview of one or more selected employment, social protection and labor market policies. Read More

This study investigates the relationship between labor demand and economic growth in Saudi Arabia for the period 1990-2008 by using fully modified ordinary least squares (FMOLS) approach. The study analyzes also the unemployment rate and its development in the economy...Read More

This paper on Saudi Arabia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on June 24, 2013. Read More