Nine years have passed since the Kingdom of Saudi Arabia launched its ambitious Vision 2030, beginning a comprehensive transformation journey that redefined the present and opened windows to a promising future. Under inspirational leadership and strategic planning, the vision was not just a dream, but has been transformed into tangible achievements, as evidenced by numbers and indicators, and confirms that Saudi Arabia is moving confidently towards building a vibrant society, a globally competitive economy, and a nation that leads the scene regionally and internationally.
Nine years ago, the Kingdom of Saudi Arabia launched its ambitious Vision 2030, beginning a comprehensive transformation journey that redefined the present and opened windows towards a promising future.
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The Kingdom of Saudi Arabia continues to shape its ambitious future through Kingdom Vision 2030, based on the guidance of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and the leadership of His Royal Highness Crown Prince Mohammed bin Salman, who emphasized from the beginning that “success stories always start with a vision, and the most successful visions are those that build on strengths.”
Since its launch in 2016, the vision has been a clear roadmap for transformation, based on three main pillars: A vibrant society, a thriving economy, and an ambitious nation. Today, after nine years of hard work, the 2024 Annual Report reflects the exceptional successes achieved and promising performance indicators.
Today, the 2024 Annual Report reflects the exceptional successes achieved and the promising performance indicators.
A qualitative transformation and successive achievements
Thanks to human and natural resources, strategic geographical location, and the Kingdom's economic strength, tangible progress has been achieved in all tracks of the vision, supported by vision realization programs and integrated national strategies. The vision was implemented in three phases, starting with comprehensive structural reforms, followed by the phase of accelerating achievement, and now reaching the phase of maximizing benefits and sustaining transformation.
The Vision 2030 Annual Report for 2024 highlights these achievements, showing that 85% of initiatives are either complete or on track, out of 1502 active initiatives, while 93% of interim performance indicators have exceeded or are close to achieving their targets.
The Vision 2030 Annual Report for 2024 highlights these achievements, showing that 85% of initiatives are either complete or on track.
Early successes exceed expectations
The Kingdom has achieved a number of 2030 targets ahead of schedule, including:
Early successes exceed expectations
The number of tourists exceeded 100 million visitors.
8 UNESCO World Heritage sites.
The number of volunteers rose to 1.2 million.
Women's labor market participation rate reached 33.5% (against a target of 30%).
The unemployment rate fell to 7%, the Vision's primary target, and the Kingdom jumped 32 places in the e-participation index and 30 places in the e-government development index, reaching seventh and sixth place globally, respectively.
Women's labor market participation rate reached 33.5% (against a target of 30%).
Renaissance in Economy, Society and Infrastructure
In the ”Prosperous Economy" pillar, the Public Investment Fund's assets doubled to 3.53 trillion riyals, the private sector contribution rose to 47% of GDP, and the localization rate of military industries exceeded 19%.
Renaissance in Economy, Society and Infrastructure.
In terms of a "vibrant society," Saudi household homeownership reached 65.4%, the median age rose to 78.8 years, and healthcare services covered 96.4% of the population.
As for "vibrant society," Saudi households reached 65.4% in homeownership.
In education, four Saudi universities were ranked among the top 500 universities globally, with King Saud University coming in at 90th place, becoming the first Saudi university in the top 100 universities around the world.
In education, four Saudi universities were ranked among the top 500 universities globally.
Achieving an ambitious nation and a possible society
In the framework of building an "ambitious nation", the percentage of companies implementing social responsibility programs has increased to more than 71%, and the contribution of the non-profit sector to GDP has reached 1%, with a target to reach 5% by 2030.
Achieving an ambitious nation and a possible society.
The Human Resources Development Fund "Hadaf" contributed to enabling more than 437 thousand citizens to enter the labor market in 2024, raising the number of employees in the private sector to 2.4 million citizens.
HRDF contributed to enabling more than 437 thousand male and female citizens to enter the labor market in 2024.
The percentage of women in middle and senior management positions reached 43.8%, while their participation rate in the labor market increased to 36%, compared to only 17% in 2017.
The Human Resources Development Fund (HRDF) contributed to enabling 437,000 male and female citizens to enter the labor market in 2024, bringing the number of private sector workers to 2.4 million citizens.
Digital, Health and Environmental Achievements
The Kingdom has recorded unprecedented achievements in digital transformation, ranking first globally in the Internet Users Index, second in the Corporate Digital Transformation Index, and second in technology utilization.
In the health sector, Seha Virtual Hospital was recognized as the largest hospital of its kind in Guinness World Records, and 7 Saudi hospitals were listed among the top 250 globally. King Faisal Specialist Hospital was also ranked first globally in the use of medical technology.
In the environment, 16 Saudi cities were certified as healthy cities, the highest in the region, and the readiness of health zones to face risks reached 92%.
In the environment, 16 Saudi cities were certified as healthy cities, the highest in the region.
Sports, services and education achievements
The Kingdom recorded remarkable progress in sports indicators, as the number of sports clubs increased to 128 clubs, the number of federations to 97, and the percentage of Saudi women practicing sports weekly reached 46%.
The number of sports clubs increased to 128 clubs, the number of federations to 97 federations, and the percentage of Saudi women practicing sports weekly reached 46%.
Saudi students won 114 awards and medals in the largest international scientific competitions, the Kingdom made a remarkable leap in the World Bank's Logistics Performance Index to reach 38th place, while King Khalid International Airport was ranked the best airport in the world in terms of compliance. King Khalid International Airport was ranked the best airport in the world in terms of compliance.
All these achievements reflect a serious commitment and strong political will to achieve an unprecedented historical transformation. As the Kingdom prepares for a new phase of the vision, the prospects are bright, the future is promising, and the Kingdom is closer than ever to realizing the goals of its comprehensive vision, not only by 2030, but much earlier. All these achievements reflect a serious commitment, and a strong political will to achieve a historic transformation.
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