Reported by: The Editorial Team.. Saudi Vision 2030 has steadily moved forward, and now in its eighth year, it presents statistics and information confirming that it is continuing to advance, paving a bright path toward national leadership and the well-being of its citizens through various programs, and contributing to providing opportunities for success for future generations, exploring vast investment opportunities that enable it to embark on new economic and developmental horizons, contributing to the diversification of income sources by harnessing the potential of its sons and daughters, who represent more than half of the Saudi population.
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Building a prosperous and promising future
1,064 initiatives in 2023.
87% of the initiatives are complete or on track.
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243 key performance indicators for 2023
81% of Level 3 performance indicators met their targets.
105 indicators exceeded their future targets for 2024 and 2025.
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Increase in the number of Umrah pilgrims
13.56 million Umrah pilgrims from abroad.
Exceeded the 2023 target of 10 million.
Baseline of 6.2 million Umrah pilgrims.
Annual Vision target of 30 million Umrah pilgrims.
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Heritage Sites
7 UNESCO-listed heritage sites.
Annual target of 6 sites.
Baseline: 4 sites.
Vision target: 8 sites.
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Tourism is booming
106 million visitors.
27.4 million international visitors.
Ranked second in terms of international tourist growth.
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96.41% health service coverage of population centers.
Target: 96%.
Baseline: 84.13%.
Vision indicator: 99.5%..
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Recovery of the housing sector
66,000 Saudi families have received their homes.
24,000 housing units launched as of the end of last August.
63.74% home ownership rate among citizens.
Baseline: 47%.
The Vision’s annual target is 70%.
96,000 citizens benefited from housing support services.
4.1 billion riyals in financial support.
32% Percentage of beneficiaries of financial subsidies.
Baseline of 1%.
6% remains of the Vision target.
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Economy
2,959 billion riyals: the Kingdom’s gross domestic product.
Baseline of 2,685 billion riyals.
Annual target: 3,032 billion riyals.
Vision target: 6,500 billion riyals.
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Contribution of non-oil activities: 50%.
4.7% GDP growth for non-oil activities.
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1,889 billion riyals in non-oil GDP.
Baseline: 1,519 billion riyals.
Annual target: 1,934 billion riyals.
Vision annual target: 4,970 billion riyals.
Private sector contribution: 45%.
Annual target: 45%.
Baseline: 40.3%.
Vision target: 65%..
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Loans to small and medium-sized enterprises: 8.3% of bank loans.
Baseline: 2%.
Annual target: 8.6%.
Vision target: 20%.
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Oil and Gas Sector
63%: Oil and gas sector’s contribution to GDP.
Baseline: 37%.
Annual target: 59%.
Vision annual target: 75%.
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605.43 billion riyals in cumulative exports.
Baseline: 128.9 billion riyals.
Annual target: 495.4 billion riyals.
Vision target: 2,114 billion riyals.
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Localization of military industries by 10.4%.
Baseline: 7.7%.
Annual target: 9%.
Vision target: 50%.
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Public Investment Fund
Assets managed by the Public Investment Fund: 2.81 trillion riyals.
Baseline: 0.72 trillion riyals.
Annual target: 2.7 trillion riyals.
Vision target: 10 trillion riyals.
Establishment of 93 companies in the Fund’s portfolio by 2023.
Establishment of 71 companies in the Fund’s portfolio by 2022.
644,000 direct and indirect jobs by 2023.
500,000 jobs in 2022.
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Share of non-oil exports: 24.1%.
Baseline: 18%.
Annual target: 36%.
Vision target: 50%.
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Unemployment rate among Saudis: 7.7%.
Baseline: 12.3%.
Annual target: 8%.
Vision target: 7%.
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Increasing employment rates
45.8% enter the labor market within 6 months of graduation.
Baseline: 13.9%.
Annual target: 46.6%.
Vision target: 65%.
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41.2% have entered the labor market within 6 months of graduation.
Baseline: 13.3%.
Annual target: 41.2%.
Vision Target: 75%.
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Women’s labor force participation rate: 34%.
Baseline: 22.8%.
Vision target: 40%.
Saudi women’s labor force participation rate: 35.5%.
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Telecommunications Market
10% growth in the telecommunications market.
3.8% increase in its contribution to GDP.
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14 professions have been localized in the logistics sector
65% of these are in the telecommunications sector.
354,000 jobs in the telecommunications sector.
216,000 employees in the culture sector.
913,000 jobs in the tourism sector.
49,000 job opportunities for Saudi social security beneficiaries.
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12.6% employment of people with disabilities.
Baseline: 7.7%.
Overall target: 12.3%.
Vision target: 15%..
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Creating an attractive investment environment
Developing 50 industrial investment opportunities.
With a value exceeding 96 billion riyals.
37% Percentage of foreign investments as of May 2023.
With a value of 42 billion Saudi riyals.
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Government Revenues
Non-oil government revenues: 457 billion riyals.
Compared to the baseline of 166 billion riyals.
Vision target: 1,000 billion riyals.
Revenues covered 35% of total budget expenditures for 2023.
Total expenditures: 1,293 billion Saudi riyals.
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The Kingdom’s Rankings in Global Forums
31st in the United Nations E-Government Development Index.
17th globally among the 64 most competitive countries.
2nd globally in the Cybersecurity Index.
3rd among G20 countries in terms of overall performance.
3rd among G20 countries and 5th globally in the Financial Market Index.
6th in the Economic Performance pillar.
11th globally in the Government Efficiency pillar.
13th globally in business efficiency.
34th globally in infrastructure.
17th in the World Bank’s Logistics Performance Index.
8th in the Lloyd’s global ranking.
13th in the International Air Connectivity Index.
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Promoting a culture of volunteerism
834,000 volunteers in 2023.
Baseline: 22,900 volunteers.
Annual target: 670,000 volunteers.
Vision target: 1 million volunteers.
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64.8% major companies offered corporate social responsibility programs.
Baseline: 30%.
Annual target: 57%.
Vision target: 90%.
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Nonprofit sector
More than 53 million volunteer hours logged.
More than 528,000 volunteer opportunities made available.
More than one million registered volunteers on the platform.
30 volunteer fields.
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0.87% contribution to GDP.
Baseline: 0.2%.
Annual target of 0.51%.
Vision target of 5%.
0.55% percentage of workers in the nonprofit sector.
Baseline of 0.13%.
Annual target of 0.39%.
Vision target of 3.1%.
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Saudi Green Initiative and the Environment
Planting more than 49 million trees.
Planting more than 3 million native saplings.
Rehabilitation of more than 975 hectares of agricultural terraces.
Reintroduction of 1,660 endangered animals.
Birth of 7 Arabian leopard cubs.
18.1% of wild areas designated as nature reserves.
6.49% of marine areas designated as nature reserves.
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Improving the efficiency of health services
More than 30 million beneficiaries of the “My Health” app.
Launch of the “A Doctor for Every Family” service.
20 million beneficiaries have been linked to a medical team for each family.
More than 14 million beneficiaries of the Nafees platform.
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Reducing Carbon Emissions
Export of 40 metric tons of blue ammonia to Japan.
520,000 homes powered by renewable energy.
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Government Effectiveness Index: 70.8 points.
Baseline of 63 points.
Annual target of 60.7 points.
Vision target of 91.5 points.
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Hosting Expo 2030 in Riyadh.
More than 200 global companies have relocated their regional headquarters to the capital, Riyadh.
