Saudi Arabia’s car and LCV market is valued at $29.6 billion in 2023, while women’s labor force participation stands at just 34.7% in 2023 compared with 74.9% for men. At the same time, transport safety is measured at 2.1 road deaths per 100,000 people and transport accounts for 22.0% of national CO2 emissions. This mix of demand, people, mobility, and policy helps explain why the automotive industry in Saudi Arabia is growing in such sharply different directions.
Key Takeaways
- Saudi Arabia’s vehicle market size (new cars and LCVs) is estimated at $29.6 billion in 2023 (S&P Global Mobility/IMF-based model reported by a market research publisher)
- Saudi Arabia’s public transport share of passenger-kilometers was 12.2% in 2021 (ITF/World Bank transport indicators)
- The Saudi Arabia manufacturing sector employed about 1.9 million people in 2022 (ILOSTAT employment by industry modeled estimates)
- In 2023, the labor force participation rate for women in Saudi Arabia was 34.7% (World Bank ILO modeled estimates)
- In 2023, the labor force participation rate for men in Saudi Arabia was 74.9% (World Bank ILO modeled estimates)
- Saudi Arabia’s inflation rate averaged 2.3% in 2023 (World Bank/IMF data series)
- Saudi Arabia’s real GDP growth was 1.7% in 2023 (World Bank)
- Saudi Arabia’s current account balance was +$10.2 billion in 2023 (World Bank/BOP data)
- Saudi Arabia’s share of CO2 emissions from transport was 22.0% in 2019 (Global Carbon Project sectoral breakdown as reported in Our World in Data)
- Saudi Arabia’s renewable electricity generation reached 5.9% of total electricity generation in 2023 (Ember electricity data)
- Saudi Arabia’s e-commerce penetration (share of population buying online) reached 59% in 2023 (eMarketer/market surveys published by Statista)
Saudi Arabia’s automotive market is growing, supported by strong economic activity, higher mobility demand, and expanding digital services.
Related reading
01 · Category
Market Size2 stats
01
Saudi Arabia’s vehicle market size (new cars and LCVs) is estimated at $29.6 billion in 2023 (S&P Global Mobility/IMF-based model reported by a market research publisher)
02
Saudi Arabia’s public transport share of passenger-kilometers was 12.2% in 2021 (ITF/World Bank transport indicators)
Interpretation
Market Size Interpretation
In the Market Size picture, Saudi Arabia’s vehicle market reached about $29.6 billion in 2023 with new cars and LCVs, a scale that sits alongside a relatively limited 12.2% public transport share of passenger-kilometers in 2021.
02 · Category
Employment & Skills6 stats
01
The Saudi Arabia manufacturing sector employed about 1.9 million people in 2022 (ILOSTAT employment by industry modeled estimates)
02
In 2023, the labor force participation rate for women in Saudi Arabia was 34.7% (World Bank ILO modeled estimates)
03
In 2023, the labor force participation rate for men in Saudi Arabia was 74.9% (World Bank ILO modeled estimates)
04
Saudi Arabia granted 12,000+ work permits for non-Saudi automotive-related construction/industrial activities in 2023 (as reflected in Labor Force reports by GASTAT)
05
Saudi Arabia’s training spending was $2.4 billion in 2022 (World Bank human capital indicators for education and training expenditures)
06
Saudi Arabia’s total population was 32.3 million in 2023 (World Bank)
Interpretation
Employment & Skills Interpretation
In 2023, Saudi Arabia’s Employment and Skills picture shows strong participation gaps and growing workforce demand, with men at 74.9% and women at 34.7% labor force participation alongside 12,000 plus non-Saudi work permits for automotive-related construction and industrial activities, supported by $2.4 billion in training spending in 2022 and a manufacturing workforce of about 1.9 million in 2022.
More related reading
03 · Category
Industry Risks6 stats
01
Saudi Arabia’s inflation rate averaged 2.3% in 2023 (World Bank/IMF data series)
02
Saudi Arabia’s real GDP growth was 1.7% in 2023 (World Bank)
03
Saudi Arabia’s current account balance was +$10.2 billion in 2023 (World Bank/BOP data)
04
Saudi Arabia’s government expenditure grew to SAR 1.3 trillion in 2023 (Ministry of Finance budget execution data)
05
Saudi Arabia’s fuel prices for gasoline were subsidized, with domestic retail prices set significantly below international parity in 2023 (IEA fuel price indicators)
06
Saudi Arabia has 2.1 road deaths per 100,000 population in 2021 (WHO GHE)
Interpretation
Industry Risks Interpretation
For Saudi Arabia’s automotive industry, moderating macro conditions like 2.3% inflation in 2023 and 1.7% real GDP growth still coexist with meaningful risk factors such as rising government spending to SAR 1.3 trillion and road safety concerns, with 2.1 road deaths per 100,000 people in 2021.
04 · Category
Industry Trends6 stats
01
Saudi Arabia’s share of CO2 emissions from transport was 22.0% in 2019 (Global Carbon Project sectoral breakdown as reported in Our World in Data)
02
Saudi Arabia’s renewable electricity generation reached 5.9% of total electricity generation in 2023 (Ember electricity data)
03
Saudi Arabia’s e-commerce penetration (share of population buying online) reached 59% in 2023 (eMarketer/market surveys published by Statista)
04
Saudi Arabia’s car sharing usage remains limited; 0.6% of internet users reported using ride-hailing in 2023 (DataReportal regional survey data)
05
Saudi Arabia’s automotive-related dealer networks included 3,000+ locations for franchise dealers and service points (industry mapping by GlobalData)
06
Saudi Arabia’s vehicle inspection and registration compliance is enforced via Absher/traffic systems; e-services adoption reached 85% for government services in 2023 (World Bank e-gov data)
Interpretation
Industry Trends Interpretation
For Saudi Arabia’s automotive industry, the shift toward cleaner and more digital systems is becoming clear as renewable electricity reached 5.9% of generation in 2023 and e services adoption for government reached 85% while e commerce penetration climbed to 59% in 2023, even though ride hailing use remains very low at 0.6% of internet users.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Christopher Morgan. (2026, February 13). Saudi Arabia Automotive Industry Statistics. Gitnux. https://gitnux.org/saudi-arabia-automotive-industry-statistics
MLA
Christopher Morgan. "Saudi Arabia Automotive Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/saudi-arabia-automotive-industry-statistics.
Chicago
Christopher Morgan. 2026. "Saudi Arabia Automotive Industry Statistics." Gitnux. https://gitnux.org/saudi-arabia-automotive-industry-statistics.
Sources & references
20 datasets cited across this report · attribution is report-level
+8 additional datasets cited (not shown individually)