Saudi Arabia Jobless Rate Hits Record Low âšī¸
Saudi Arabia's unemployment rate dropped to 2.8% in Q1 2025, the lowest since 1999, with improvements in labor force participation and employment-to-population ratio across genders.
Declining unemployment and increasing labor force participation signal robust economic health and potential growth in the Middle Eastern market, which could positively influence regional investment sentiment.
Saudi Arabia Trade Surplus Smallest in 4 Months âšī¸
Saudi Arabia's trade surplus narrowed to SAR 14.2 billion in April 2025, with exports dropping 10.9% and imports rising 18.3%, primarily driven by a significant decline in oil exports and increased machinery and transportation equipment imports.
Declining oil exports suggest potential challenges in energy markets, while increased machinery and transportation equipment imports might indicate infrastructure and industrial development investments. The trade dynamics present mixed signals with potential implications for global trade and emerging market investments.