
在沙特阿拉伯与胡塞武装的冲突近期升级之前,该国经济再次出现萎缩,尽管速度有所放缓,这使得该王国正步向近年最糟糕的经济表现之一。
Arabia’s economy contracted again, albeit at a slower pace, putting the kingdom on track for one of its worst economic performances in years even before a recent escalation in the kingdom’s conflict with the Houthis.
根据统计总局周日公布的初步数据,第三季度国内生产总值同比下降3.8%。
Gross domestic product shrank 3.8% year-on-year in the third quarter, according to preliminary data from the General Authority for Statistics on Sunday.
这比第二季度4.7%的萎缩有所改善,但仍是自2023年以来经济首次出现连续两个时期的萎缩。
That’s an improvement from the 4.7% contraction in the second quarter but still the first time the economy has seen two straight periods of shrinkage since 2023.
该数据反映了非石油部门1.9%的增长,当局长期以来一直表示,在他们努力转型这个规模约为1.4万亿美元的经济体时,这是他们的主要关注点。石油活动下降了20.4%,而第二季度降幅为24.8%。
The data reflects 1.9% growth in the non-oil sector, which authorities have long said is their main focus as they work to transform the roughly $1.4 trillion economy. Oil activities fell by 20.4%, compared with a drop of 24.8% in the second quarter.
这些数字凸显了这个阿拉伯世界最大经济体在应对八个月前爆发的美伊战争的余波以及沙特阿拉伯自身与也门德黑兰支持的胡塞武装之间的冲突时,所面临的几乎空前的动荡。
The figures underline the nearly unprecedented turbulence faced by the Arab world’s largest economy as it wrestles with the fallout of the US-Iran war that began eight months ago and Saudi Arabia’s own conflict with the Tehran-backed Houthis in Yemen.

伊斯兰共和国及其代理人对波斯湾各地美国盟友的报复包括对沙特能源设施的打击,扰乱了原油泵送和出口。这也阻碍了通过霍尔木兹海峡的交通——尽管全球最大的原油出口国已通过将物流改道至红海港口的管道来抵消这种影响。
Retaliation by the Islamic Republic and its proxies against US allies across the Persian Gulf has included strikes on Saudi energy facilities, disrupting pumping and exports. It has also stymied traffic through the Strait of Hormuz — although the world’s largest crude exporter has offset that impact by redirecting flows via a pipeline to a Red Sea port.
该数据记录了该管道在9月份一波袭击后暂时停运的情况,时间早于近期沙特石油出口恢复到战时高点。
The data captures the temporary halt of that pipeline in September after a wave of attacks and predates the more recent return of Saudi oil exports to wartime highs.
这一经济概况也早于沙特与胡塞武装之间最新急剧升温的紧张局势。也门叛军在10月发动的一系列致命空袭限制了往返利雅得的航空旅行,推迟了重头活动,并实际上关闭了利雅得的主要金融区。
The economic snapshot also predates the latest soaring of tensions between the Saudis and Houthis. A series of deadly aerial strikes by the Yemeni rebels in October curbed air travel to and from Riyadh, delayed showpiece events and effectively shut Riyadh’s main financial district.
尽管经济学家和投资者认为沙特石油行业继续展现出韧性,目前布伦特原油交易价格在每桶115美元以上,但担忧已转向经济的其他领域。
While economists and investors see the Saudi oil industry as continuing to demonstrate resilience, with Brent currently trading above $115 a barrel, the worry has shifted to the rest of the economy.
国际货币基金组织上个月表示,沙特的财政缓冲和备用石油出口设施正在帮助遏制伊朗战争对其经济造成的损害。该借贷机构仍然认为,即便在胡塞武装战斗升级之后,该王国应对动荡的条件仍比其他海湾同行更好。
The International Monetary Fund said last month that Saudi Arabia’s fiscal buffers and backup oil-export facilities are helping curb the damage to its economy from the Iran war. The lender still sees the kingdom as better placed than its Gulf peers to ride out the upheaval, even after the escalation in the Houthi fighting.
在沙特领导的多国联军发起全面军事行动以收复也门胡塞武装控制区之后,与这个伊朗支持的集团之间的冲突在10月初显著加剧。
The conflict with the Iran-backed group intensified significantly in early October after Saudi-led forces launched an all-out military campaign to reclaim Houthi-held areas in Yemen.
在此次升级之前,沙特政府将其预计的2026年预算赤字上调至国内生产总值的4.9%,并表示经济可能会收缩3.6%,这与2020年新冠疫情最严重时期相似。
Before that escalation, the Saudi government raised its projected 2026 budget deficit to 4.9% of gross domestic product and said the economy will probably contract 3.6%, similar to the height of the Covid-19 pandemic in 2020.