Mining, manufacturing and utilities contributed 43.4% to the gross value added (GVA) in 2022, followed by financial intermediation, real estate and business activities (11.6%) and wholesale, retail and hotels activities (9.7%). In nominal terms, the three sectors are expected to grow by 6.8%, 4.9% and 5.1%, respectively, in 2023.
In 2022, Riyadh was home to 20.8% of Saudi Arabia's population and accounted for 19.6% of total GDP, according to the publisher's Cities database.
As of January 12, 2023, the SASEIDX index stood at 10,661.1, compared to 11,957.1 on January 12, 2022
In 2022, Riyadh was home to 20.8% of Saudi Arabia's population and accounted for 19.6% of total GDP, according to the publisher's Cities database.
As of January 12, 2023, the SASEIDX index stood at 10,661.1, compared to 11,957.1 on January 12, 2022
Scope
- Saudi Arabia plans to raise SAR135 billion ($36 billion) for transportation infrastructure projects over next 11 years, beginning 2020, according to the Ministry of Transport
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Saudi Arabia’s performance in terms of its country risk analysis in comparison to Middle East and North Africa and the World
- Exhibit 2: Performance overview (Score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: Tadawul all share index (December 2020 - December 2021)
- Exhibit 5: Key sectors contribution to the economy (2017-2024f)
- Exhibit 6: FDI flows and FDI stock (2017-21)
- Exhibit 7: Value and number of greenfield FDI projects, and net cross border M&As (2018-21)
- Exhibit 8: Key infrastructure indicators
- Exhibit 9: Real GDP and household consumption growth rate (2017-2024f)
- Exhibit 10: Real GDP growth rate comparison (2022e)
- Exhibit 11: Growth in volume of exports and imports of goods and services (2018-25f)
- Exhibit 12: Current account balance (2018-25f)
- Exhibit 13: Top three commodity exports, % of total exports, (2018-21)
- Exhibit 14: Mineral fuels, mineral oils, % share of world’s total (2021)
- Exhibit 15: Interest rates (December 2018 - December 2022)
- Exhibit 16: Exchange rate and inflation (2018-25f)
- Exhibit 17: General government net lending/borrowing (2018-25f)
- Exhibit 18: General government gross debt (2018-25f)
- Exhibit 19: Unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor cost index (2018-25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025)
- Exhibit 23: Age-group share of total population (1995. 2005, 2015, 2025)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025)
- Exhibit 25: Internet users as a % of total population, mobile and broadband penetration rates (2022e)
- Exhibit 26: Number of patents granted per million people (2021)
- Exhibit 27: High technology exports (% of manufactured exports) (2021 or latest available data)
- Exhibit 28: Global freedom scores, 2022
- Exhibit 29: Corruption perceptions index (rankings) (2021)
- Exhibit 30: Renewable energy, installed capacity (2017-20)
- Exhibit 31: CO2 emissions (2017-21)
