Saudi Arabia is set to be the fastest growing of the world’s largest economies in 2022, outpacing the Asian giants of China, India, Indonesia, South Korea and Taiwan, according to the Economist. It is expected to grow much faster than the struggling major economies in Western Europe and North America, and leave other large emerging economies in its wake. The kingdom has recovered quickly from a pandemic-induced recession in 2020 and is reaping the rewards of high global energy prices and increased energy production, according to the Economist.
Saudi growth in 2022 to outpace Asian giants
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