11% contribution to Saudi non-oil GDP in 2025: PIF

Public Investment Fund (PIF) continued in 2025 to support the Kingdom’s development and economic diversification efforts through long-term investments and the launch of strategically focused companies, said Maram Al Johani, Chief of Staff and Secretary General to the Board of Directors at PIF.

 

She said PIF contributed the equivalent of 11% of Saudi Arabia’s non-oil GDP in 2025, while its cumulative contribution to the Kingdom’s real non-oil GDP since 2021 reached SAR 1.28 trillion.

 

Al Johani added that PIF strengthened its global presence during the year by opening offices for three portfolio companies in Europe and Asia, alongside selected investments in key markets. This contributed to a 12% increase in PIF’s international investments.

 

The progress was underpinned by continued institutional excellence and robust governance frameworks, Al Johani said in a statement issued today, Aug. 17, to mark the launch of PIF’s annual report.

 

She added that PIF continued its transformation into a fully digitally enabled investment institution, leveraging artificial intelligence.

 

PIF continued to strengthen its position among the world’s leading sovereign wealth funds in terms of adherence to the Governance, Sustainability and Resilience (GSR) Index standards issued by Global SWF for 2025.

 

During the next phase of its strategy, PIF will advance the development of six integrated domestic economic ecosystems aimed at creating sustainable value, while investing internationally in high-return opportunities aligned with long-term global trends, Al Johani said.

 

Meanwhile, Yasir Alsalman, CFO at PIF, said the fund achieved growth and disciplined investment in 2025, with net profit more than doubling year-on-year (YoY) while maintaining a strong financial position.

 

Alsalman said PIF’s assets under management reached SAR 3.4 trillion, noting that the fund continued to invest in priority domestic sectors during 2025, bringing cumulative domestic investments to around SAR 750 billion over the 2021–2025 period.

 

He also highlighted PIF’s continued efforts to strengthen strategic international partnerships, including the signing of several agreements with leading global asset managers.

 

As part of its strategic objectives for the next five years, PIF will continue to enhance the maturity of its portfolio companies, create sustainable value and deliver stronger financial performance through its six economic ecosystems under the Vision portfolio, alongside the strategic investments portfolio and the financial investments portfolio.