Saudi Arabia has crossed a key economic milestone, with non-oil activities now contributing more than half of its real GDP, according to the latest annual report on Saudi Vision 2030.
- Majority of Vision 2030 Indicators Achieve Interim Goals
- Non-Oil Sector Drives Economic Expansion
- Investment Growth and SME Expansion Strengthen Economy
- Quality of Life Indicators Show Strong Gains
- Volunteerism and Corporate Responsibility Surge
- Saudi Arabia Strengthens Global Competitiveness
- From Vision to Measurable Impact
As the Kingdom prepares to enter the third phase of its transformation strategy in 2026, the report highlights strong progress across economic, social, and institutional indicators.
Majority of Vision 2030 Indicators Achieve Interim Goals
The 2025 report shows that 309 out of 390 performance indicators have met their interim targets. This translates to an overall progress rate of 93 percent.
In addition, 225 initiatives have been fully completed, while 935 remain on track. These figures signal steady execution as the Kingdom moves deeper into its long-term reform agenda.
Speaking in the report, King Salman bin Abdulaziz emphasized that the country continues to build on a decade of transformation, adding that the impact is visible in improved living standards and institutional strength.
Non-Oil Sector Drives Economic Expansion
Notably, the Kingdom’s real GDP reached $1.3 trillion in 2025, surpassing its annual target. At the same time, non-oil sectors now account for 55 percent of GDP, reflecting a structural shift away from oil dependency.
Moreover, the private sector’s contribution has risen to 51 percent, underlining growing business participation in economic growth.
Real GDP expanded by 4.5 percent during the year. This growth was driven by both non-oil sector expansion and increased oil output as OPEC+ supply constraints eased.
Investment Growth and SME Expansion Strengthen Economy
Investment flows have accelerated in recent years. This momentum follows regulatory reforms that have made the Saudi market more accessible to global and domestic investors.
Foreign direct investment stock has surged by 119 percent since 2017, reaching SR293.3 billion in 2025. Meanwhile, assets under management stood at approximately $909 billion, stabilizing after a period of rapid growth.
In parallel, the number of small and medium enterprises has crossed 1.7 million. These businesses now employ 8.8 million people and contribute 22.9 percent to GDP, reinforcing their role in economic diversification.
Quality of Life Indicators Show Strong Gains
Social development has also advanced significantly. Homeownership among Saudi citizens has climbed to 66.24 percent, compared to 47 percent in 2016.
Healthcare coverage has reached 97.5 percent, while life expectancy continues to rise toward the 2030 target of 80 years. Furthermore, 59.1 percent of adults now meet recommended physical activity levels, exceeding earlier benchmarks.
Religious tourism has expanded as well. The number of international Umrah pilgrims has exceeded 18 million, up sharply from 6.2 million in 2016.
Volunteerism and Corporate Responsibility Surge
Civic engagement has grown at an unprecedented pace. The number of volunteers has risen from just 22,000 to over 1.75 million, surpassing the 2030 goal well ahead of schedule.
At the same time, corporate social responsibility adoption among large companies has increased from 30 percent to 76.8 percent. This reflects stronger alignment between business and national development goals.
Saudi Arabia Strengthens Global Competitiveness
Globally, Saudi Arabia has improved its standing across multiple indices. The Kingdom now ranks first in cybersecurity worldwide and third in the global AI index.
These gains highlight its growing capabilities in digital infrastructure, innovation, and competitiveness.
Commenting on the progress, Mohammed bin Salman said the achievements demonstrate how ambition can translate into tangible outcomes. He added that the next phase will focus on sustaining momentum and further improving quality of life.
From Vision to Measurable Impact
Overall, the report positions Vision 2030 as both a record of delivered outcomes and an evolving roadmap. While significant milestones have been achieved, the Kingdom is now preparing to accelerate reforms in its next phase.
