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“Statistics Authority” announces the results of the comprehensive economic survey in the Kingdom for 2023

The survey revealed operating revenues of 5,292 billion riyals, expenses of 2,165 billion, compensation of 544.7 billion, and fixed capital formation of 867.8 billion.

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It was announced General Authority for Statistics Results of the 2023 Comprehensive Economic Survey in the Kingdom, which included a set of key indicators reflecting the most prominent structural features of the business sector.
The results of Comprehensive Economic Survey for 2023 that total operating revenues amounted to 5,292 billion Saudi riyals, while total operating expenses amounted to 2,165 billion Saudi riyals, Compensation for employees in the sector reached 544.7 billion Saudi riyals, noting that the value of total fixed capital formation for this sector amounted to 867.8 billion Saudi riyals.
The results of the Comprehensive Economic Survey contribute to the production of statistical data and indicators characterized by a high degree of accuracy, comprehensiveness, and professionalism; highlighting the scale of real and actual economic growth in the Kingdom and meeting the requirements of statistical organizations, as well as local, regional, and international entities.
It is worth noting that the Comprehensive Economic Survey serves as an integrated economic database and directly contributes to the provision and measurement of a wide range of economic indicators, and provides accurate, up-to-date, and more detailed statistical data and indicators on establishments in the Kingdom to support decision-makers, policymakers, and investors, and enable them to develop and grow the business sector in the Kingdom.