The timeline shows the gross domestic product of Saudi Arabia from 1987 to 2024, with projections up until 2030. In 2024, Saudi Arabia's gross domestic product (GDP) amounted to approximately ******** billion U.S. dollars.

In 2024, the growth of the real gross domestic product (GDP) in Saudi Arabia stood at about 1.31 percent. Between 1980 and 2024, the figure dropped by approximately 4.49 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 1.97 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The gross domestic product (GDP) per capita in Saudi Arabia amounted to 35,120 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 15,580 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 5,040 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The Gross Domestic Product (GDP) in Saudi Arabia was worth 1237.53 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Saudi Arabia represents 1.17 percent of the world economy. This dataset provides - Saudi Arabia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the ratio of national debt to gross domestic product (GDP) of Saudi Arabia stood at about 29.87 percent. Between 1991 and 2024, the figure dropped by approximately 9.48 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by around 16.05 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

In 2024, the ratio of government expenditure to GDP in Saudi Arabia stood at 29.57 percent. Between 1990 and 2024, the figure dropped by 9.71 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily decline by 3.33 percentage points from 2024 to 2030.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

Saudi Arabia aims at transforming its hydrocarbon resource-rich economy into a sustainable and diversified one over the coming decade. With this goal in mind, the Vision 2030 initiative introduces a set of complex socio-economic transformation targets. Diversification is expected to significantly change the sectoral composition of the economy, with the manufacturing and service sectors becoming further pillars of sustainable growth. The V2030 dynaminc input-output tables combine macroeconomic forecasts with the RAS method to reflect the future structure of the Saudi economy, with an emphasis on key targets of Saudi Vision 2030.

🇸🇦 Saudi Arabia

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 4.8 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.

Techsalerator’s Business Funding Data for Saudi Arabia

Techsalerator’s Business Funding Data for Saudi Arabia provides a comprehensive and detailed collection of information crucial for businesses, investors, and financial analysts. This dataset offers an in-depth analysis of the funding activities of companies across various sectors in Saudi Arabia, capturing and categorizing data related to their funding rounds, investment sources, and financial milestones.

If you need the full dataset, reach out to us at info@techsalerator.com or visit https://www.techsalerator.com/contact-us.

Techsalerator’s Business Funding Data for Saudi Arabia

Techsalerator’s Business Funding Data for Saudi Arabia offers a thorough and insightful overview essential for businesses, investors, and financial analysts. This dataset examines funding activities across diverse sectors in Saudi Arabia, detailing data on funding rounds, investment sources, and key financial milestones.

Top 5 Key Data Fields

Company Name: Identifies the company receiving funding. This information helps investors spot potential opportunities and allows analysts to track funding trends within specific industries.

Funding Amount: Shows the total amount of funding a company has received. Understanding these amounts reveals insights into the financial health and growth potential of businesses and the scale of investment activities.

Funding Round: Indicates the stage of funding, such as seed, Series A, Series B, or later stages. This helps investors assess a business’s maturity and growth trajectory.

Investor Name: Provides details about the investors or investment firms involved. Knowing the investors helps gauge the credibility of the funding source and their strategic interests.

Investment Date: Records when the funding was completed. The timing of investments can reflect market trends, investor confidence, and potential impacts on a company’s future.

Top 5 Funding Trends in Saudi Arabia

Renewable Energy: Significant investments are being directed towards renewable energy projects, including solar and wind energy. These investments are crucial for Saudi Arabia’s Vision 2030 and its goals for sustainable development.

Technology and Innovation: There is a strong focus on funding technology startups and innovation hubs, particularly in fintech, artificial intelligence, and cybersecurity, reflecting the country’s drive towards becoming a tech-driven economy.

Healthcare and Biotechnology: Increased funding is flowing into healthcare infrastructure, biotechnology, and health tech to address the healthcare needs of the population and support medical advancements.

Real Estate and Urban Development: Investments are being made in large-scale real estate and urban development projects, aligning with the country’s goals to diversify its economy and improve living standards.

Education and Talent Development: Funding is being allocated to educational initiatives and programs aimed at enhancing skills and creating job opportunities, supporting the country’s aim to build a knowledge-based economy.

Top 5 Companies with Notable Funding Data in Saudi Arabia

STC Group: As a leading telecommunications provider, STC Group has secured substantial funding to expand its network and enhance its digital services.

Saudi Aramco: The state-owned oil giant has received significant investment for diversification projects, including investments in renewable energy and technology.

NEOM: The futuristic city project NEOM has attracted considerable funding to support its development and innovative urban planning.

Al Habtoor Group: This conglomerate has garnered funding to expand its real estate and hospitality ventures within Saudi Arabia and beyond.

Tahaluf Al Emarat Technical Solutions: This tech company has received funding to advance its technology solutions and contribute to Saudi Arabia’s tech ecosystem.

Accessing Techsalerator’s Business Funding Data

To obtain Techsalerator’s Business Funding Data for Saudi Arabia, contact info@techsalerator.com with your specific needs. Techsalerator will provide a customized quote based on the required data fields and records, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields

Company Name Funding Amount Funding Round Investor Name Investment Date Funding Type (Equity, Debt, Grants, etc.) Sector Focus Deal Structure Investment Stage Contact Information For detailed insights into funding activities and financial trends in Saudi Arabia, Techsalerator’s dataset is an invaluable resource for investors, business analysts, and financial professionals seeking informed, strategic decisions.

In Saudi Arabia Sharing Economy Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

The national debt of Saudi Arabia was about 324.25 billion U.S. dollars in 2024. Between 1991 and 2024, the national debt rose by approximately 272.29 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 306.70 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

In 2024, the share of the global gross domestic product (GDP) adjusted for purchasing power parity (PPP) in Saudi Arabia amounted to 1.28 percent. Between 1980 and 2024, the figure dropped by 1.14 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the share will rise by 0.03 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.

Saudi Arabia SME Financing Platforms Market valued at USD 5.3 Bn, driven by Vision 2030 initiatives and digital solutions, aiming to boost SME GDP contribution to 35% by 2030.

About the Project The project explores alternative methods of measuring economic diversification and investigating its associated impacts on the Saudi Arabian economy and other GCC countries. By utilizing a financial portfolio framework reconciled with economic growth theory, the economy is viewed as a portfolio of economic sectors, each contributing to the overall output growth. Results demonstrated that diversification policies have been effective, as the economy moves towards higher growth with lower instability. Key Points Evidence confirms that there is a positive correlation between the economic growth rate and its volatility/risk in the Gulf Cooperation Council (GCC) region. In other words, there is a trade-off between the benefits of oil and gas activity and the volatility resulting from unpredictable commodity price swings in such resource dependent economies. Our analysis uses a financial portfolio framework approach (and more specifically an efficient frontier analysis), treating economic sectors as individual investments. We calculate a relative risk measure termed the ‘beta coefficient’ and assemble a portfolio of sectors with varying weights to find the efficient frontier. If the beta of the portfolio representing the economy is above global average, the economy will generally grow faster than the global average but with greater volatility – the upturns will be higher and the downturns deeper. We aim to shed light on diversification policy from this novel, if not yet widely accepted, perspective. The GCC economies exhibit ‘high beta,’ particularly Qatar. Saudi Arabia sits in the middle of the group, but above the global average, while Oman has the lowest coefficient of the group. Saudi Arabia’s National Transformation Plan to 2020 and economic Vision 2030 envisage an economy that is still invested in oil and gas activity at 45 percent of total output. While diversification policies in these plans promote economic growth, it still leaves the economy exposed to the volatility of energy markets. In comparison, the optimal mix of economic sectors could increase the growth rate by more than 1 percent annually and nearly halve the expected volatility (to less than 60 percent of growth rate). Saudi Arabia’s historical economic policies were effective in achieving some diversification. However, their benefits could be increased by policies that balance productive efficiency with diversification of economic activity. The difference between policy-optimized portfolio and non-constrained optimization can be used to estimate the size of the fiscal stabilization fund needed to protect the economy from stop/go risks to diversification objectives.

Saudi Arabia’s Vision 2030 aims to reform health care across the Kingdom, with health technology assessment being adopted as one tool promising to improve the efficiency with which resources are used. An understanding of the opportunity costs of reimbursement decisions is key to fulfilling this promise and can be used to inform a cost-effectiveness threshold. This paper is the first to provide a range of estimates of this using existing evidence extrapolated to the context of Saudi Arabia. We use four approaches to estimate the marginal cost per unit of health produced by the healthcare system; drawing from existing evidence provided by a cross-country analysis, two alternative estimates from the UK context, and based on extrapolating a UK estimate using evidence on the income elasticity of the value of health. Consequences of estimation error are explored. Based on the four approaches, we find a range of SAR 42,046 per QALY gained (48% of GDP per capita) to SAR 215,120 per QALY gained (246% of GDP per capita). Calculated potential central estimates from the average of estimated health gains based on each source gives a range of SAR 50,000–75,000. The results are in line with estimates from the emerging literature from across the world. A cost-effectiveness threshold reflecting health opportunity costs can aid decision-making. Applying a cost-effectiveness threshold based on the range SAR 50,000 to 75,000 per QALY gained would ensure that resource allocation decisions in healthcare can in be informed in a way that accounts for health opportunity costs. A limitation is that it is not based on a within-country study for Saudi Arabia, which represents a promising line of future work. Healthcare in Saudi Arabia is undergoing wide-ranging reform through Saudi Arabia’s Vision 2030. One aim of these reforms is to ensure that money spent on healthcare generates the most improvement in population health possible. To do this requires understanding the trade-offs that exist: funding one pharmaceutical drug means that same money is not available to fund another pharmaceutical drug. This is relevant whether the new drug would be funded from within the existing budget for healthcare or from an expansion of it. If the drugs apply to the same patient population and have the same price, the question is simply, “which one generates more health?” In reality, we need to compare pharmaceutical drugs for different diseases, patient populations, and at a range of potential prices to understand whether the drug in question would generate more health per riyal spent than what is currently funded by the healthcare system. This paper provides the first estimates of the amount of health, measured in terms of quality adjusted life years (QALYs), generated by the Saudi Arabian healthcare system. We find that the healthcare system generates health at a rate of one QALY produced for every 50,000–75,000 riyals spent (58–86% of GDP per capita). Using the range we estimate to inform cost-effectiveness threshold can aid decision-making.

The budget balance in relation to the gross domestic product (GDP) in Saudi Arabia was -2.49 percent in 2024. Between 1991 and 2024, the budget balance rose by 0.79 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by 0.88 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Saudi-Arabien: Current account balance forecast, percent of GDP: Für diesen Indikator stellen wir Daten für Saudi-Arabien von 1980 bis 2030 bereit. Der durchschnittliche Wert für Saudi-Arabien in diesem Zeitraum lag bei 2.98 Prozent mit einem Minimum von -20.83 Prozent im Jahre 1991 und einem Maximum von 27.42 Prozent im Jahre 2005. Der neuste Wert aus dem Jahr 2030 liegt bei -3.43 Prozent. Zum Vergleich: Der Weltdurchschnitt im Jahr 2030, basierend auf 181 Ländern, liegt bei -0.96 Prozent.

Explore how mobile payments and digital wallets like STC Pay are transforming Saudi Arabia’s banking ecosystem under Vision 2030’s fintech vision.

IntroductionThe regional disparity in higher education access can only be met when there are strategies for sustainable development and diversification of the economy, as envisioned in Saudi Vision 2030. Currently, 70% of universities are concentrated in the Central and Eastern regions, leaving the Northern and Southern parts of the country with limited opportunities.MethodsThe study created a framework with sensors and generative adversarial networks (GANs) that optimize the distribution of medical universities, supporting equity in access to education and balanced regional development. The research applies an artificial intelligence (AI)-driven framework that combines sensor data with GAN-based models to perform real-time geographic and demographic data analyses on the placement of higher education institutions throughout Saudi Arabia. This framework analyzes multisensory data by examining strategic university placement impacts on regional economies, social mobility, and the environment. Scenario modeling was used to simulate potential outcomes due to changes in university distribution.ResultsThe findings indicated that areas with a higher density of universities experience up to 20% more job opportunities and a higher GDP growth of up to 15%. The GAN-based simulations reveal that redistributive educational institutions in underrepresented regions could decrease environmental impacts by about 30% and enhance access. More specifically, strategic placement in underserved areas is associated with a reduction of approximately 10% in unemployment.DiscussionThe research accentuates the need to include AI and sensor technology to develop educational infrastructures. The proposed framework can be used for continuous monitoring and dynamic adaptation of university strategies to align them with evolving economic and environmental objectives. The study explains the transformative potential of AI-enabled solutions to further equal access to education for sustainable regional development throughout Saudi Arabia.