Saudi real GDP nears SAR 5T; non-oil contribution hits record: Vision 2030
The Kingdom of Saudi Arabia's flag
|
Real GDP Growth (2016-2025) – SAR bln |
||
|
Year |
Real GDP |
Growth Rate |
|
2016 |
3730 |
1.7% |
|
2017 |
3774 |
1.2% |
|
2018 |
3896 |
3.2% |
|
2019 |
3960 |
1.7% |
|
2020 |
3810 |
(3.8%) |
|
2021 |
4058 |
6.5% |
|
2022 |
4545 |
12.0% |
|
2023 |
4570 |
0.5% |
|
2024 |
4691 |
2.7% |
|
2025 |
4902 |
4.5% |
Government non-oil revenue rose by around 173% over the past decade, increasing from SAR 185.7 billion in 2016 to SAR 505 billion in 2025.
Non-oil revenue contribution to total revenue also increased from 36% in 2016 to 45% in 2025.
|
Non-Oil Revenues (2016-2025) – SAR bln |
||
|
Year |
Non-Oil Revenue |
% of Total |
|
2016 |
185.7 |
36% |
|
2017 |
256.0 |
37% |
|
2018 |
294.4 |
32% |
|
2019 |
332.4 |
36% |
|
2020 |
368.8 |
47% |
|
2021 |
403.3 |
42% |
|
2022 |
410.9 |
32% |
|
2023 |
457.7 |
38% |
|
2024 |
502.5 |
40% |
|
2025 |
505.0 |
45% |
On the other hand, the contribution of non-oil activities to real GDP reached a record 55%, up from SAR 1.69 trillion in 2016 to SAR 2.70 trillion in 2025.
|
Non-Oil Economy to GDP (2016-2025) – SAR bln |
|||
|
Year |
Non-Oil Activities |
% of Real GDP |
Growth Rate |
|
2016 |
1693 |
45% |
1.8% |
|
2017 |
1748 |
46% |
3.2% |
|
2018 |
1804 |
46% |
3.2% |
|
2019 |
1892 |
48% |
4.9% |
|
2020 |
1835 |
48% |
(3.0%) |
|
2021 |
2023 |
50% |
10.2% |
|
2022 |
2273 |
50% |
12.4% |
|
2023 |
2432 |
53% |
7.0% |
|
2024 |
2578 |
55% |
6.0% |
|
2025 |
2704 |
55% |
4.9% |
Liquidity in the Saudi economy reached a historical record at SAR 3.17 trillion in 2025.
|
Liquidity in Saudi Economy (2016-2025) – SAR bln |
|
|
Year |
Liquidity |
|
2016 |
1799.7 |
|
2017 |
1805.2 |
|
2018 |
1853.6 |
|
2019 |
1985.1 |
|
2020 |
2149.3 |
|
2021 |
2308.8 |
|
2022 |
2495.4 |
|
2023 |
2685.3 |
|
2024 |
2921.5 |
|
2025 |
3167.8 |
Market Indices
About Us
Join Us
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}