Saudi Arabia is balancing rapid digital growth and infrastructure scale with a very young society and a shifting economic base. With the country’s working-age share at 75.5% and broadband subscriptions climbing to 2.5 million in 2023, the pressure on jobs, services, and power capacity is real. At the same time, oil wealth still shapes trade and investment, while non-oil revenues now account for over 70% of government income, creating a clear tension worth unpacking across the industry data.
Key Takeaways
- 27.7% of Saudi Arabia’s population was aged 0–14 in 2024 (UN data), indicating a youthful demographic base relevant to labor-market planning
- 75.5% of Saudi Arabia’s population was aged 15–64 in 2024 (UN data), supporting a large working-age share
- 2.5 million fixed-broadband subscriptions in Saudi Arabia in 2023 (ITU data), indicating ongoing expansion of broadband access
- Saudi Arabia had 51.0 million Internet users in 2023 (DataReportal Digital 2024 Saudi Arabia, users figure)
- Saudi Arabia’s inward FDI stock was $266.2 billion in 2023 (UNCTAD data for the cited country in WIR data tables)
- Saudi Arabia’s services imports were $36.9 billion in 2023 (World Bank services trade series as displayed for Saudi Arabia)
- Saudi Arabia’s crude oil export value was $263.0 billion in 2023 (UN Comtrade/WTO trade profile export category for mineral fuels)
- Saudi Arabia’s crude oil production increased to 9.0 million barrels per day in 2024 (IEA monthly oil market trend cited in the referenced report section)
- Saudi Arabia holds 16.2% of the world’s proved oil reserves (BP Statistical Review 2024, country share)
- Saudi Arabia’s GDP contribution from mining and quarrying was 6.6% in 2023 (World Bank / national accounts sector share, cited in World Bank SDG data dashboard)
- Saudi Arabia’s GDP contribution from manufacturing was 6.9% in 2023 (World Bank sector value added share series)
- Saudi Arabia’s GDP contribution from construction was 4.4% in 2023 (World Bank value added share series for construction)
- Saudi Arabia scored 36.9 in the Doing Business 2020 overall distance-to-frontier measure (World Bank Doing Business legacy snapshot)
- Saudi Arabia received an investor protection score of 4.3 out of 10 (World Bank enterprise survey/indicator, where used in the 2020 snapshot)
- Saudi Arabia’s Corruption Perceptions Index rank was 52nd globally in 2023 (Transparency International CPI)
Saudi Arabia’s youthful population and large working age share, plus growing broadband, support strong labor and digital growth.
Related reading
01 · Category
Macroeconomic Indicators2 stats
01
27.7% of Saudi Arabia’s population was aged 0–14 in 2024 (UN data), indicating a youthful demographic base relevant to labor-market planning
02
75.5% of Saudi Arabia’s population was aged 15–64 in 2024 (UN data), supporting a large working-age share
Interpretation
Macroeconomic Indicators Interpretation
In Saudi Arabia’s macroeconomic outlook, the 2024 UN data shows a notably youthful labor pipeline with 75.5% of the population aged 15–64, supported by 27.7% aged 0–14.
02 · Category
Digital & Ict2 stats
01
2.5 million fixed-broadband subscriptions in Saudi Arabia in 2023 (ITU data), indicating ongoing expansion of broadband access
02
Saudi Arabia had 51.0 million Internet users in 2023 (DataReportal Digital 2024 Saudi Arabia, users figure)
Interpretation
Digital & Ict Interpretation
In Saudi Arabia’s Digital & ICT landscape, internet use is reaching scale with 51.0 million users in 2023 while fixed-broadband subscriptions are also expanding to 2.5 million, signaling growing connectivity infrastructure alongside rising demand.
03 · Category
Investment & Trade2 stats
01
Saudi Arabia’s inward FDI stock was $266.2 billion in 2023 (UNCTAD data for the cited country in WIR data tables)
02
Saudi Arabia’s services imports were $36.9 billion in 2023 (World Bank services trade series as displayed for Saudi Arabia)
Interpretation
Investment & Trade Interpretation
Saudi Arabia’s investment and trade profile is strongly anchored by a large inward FDI stock of $266.2 billion in 2023, while services imports were $36.9 billion, indicating substantial capital inflows alongside meaningful demand for imported services.
04 · Category
Energy & Petrochemicals7 stats
01
Saudi Arabia’s crude oil export value was $263.0 billion in 2023 (UN Comtrade/WTO trade profile export category for mineral fuels)
02
Saudi Arabia’s crude oil production increased to 9.0 million barrels per day in 2024 (IEA monthly oil market trend cited in the referenced report section)
03
Saudi Arabia holds 16.2% of the world’s proved oil reserves (BP Statistical Review 2024, country share)
04
Saudi Arabia’s petrochemical exports reached 2023 value of about $22.4 billion (ICIS/petrochemical trade summary for Saudi)
05
Saudi Arabia imported about 74 thousand barrels per day of crude oil in 2023 (EIA country energy profile imports figure)
06
Saudi Arabia’s electricity generation from renewables was 3.4% of total generation in 2023 (IEA electricity mix data for Saudi Arabia)
07
Saudi Arabia has 6.9 GW of installed solar PV capacity as of 2023 (IRENA capacity statistics dataset view)
Interpretation
Energy & Petrochemicals Interpretation
Saudi Arabia’s Energy and Petrochemicals sector is still dominated by oil at scale, with crude exports reaching $263.0 billion in 2023 and proved reserves totaling 16.2% of the world’s total, while renewables remain a small share at 3.4% of electricity generation in 2023 even as solar PV grows to 6.9 GW.
More related reading
05 · Category
Manufacturing & Construction10 stats
01
Saudi Arabia’s GDP contribution from mining and quarrying was 6.6% in 2023 (World Bank / national accounts sector share, cited in World Bank SDG data dashboard)
02
Saudi Arabia’s GDP contribution from manufacturing was 6.9% in 2023 (World Bank sector value added share series)
03
Saudi Arabia’s GDP contribution from construction was 4.4% in 2023 (World Bank value added share series for construction)
04
Saudi Arabia’s manufacturing value added grew by 2.1% in 2023 (World Bank manufacturing growth series)
05
Saudi Arabia’s construction value added grew by 3.0% in 2023 (World Bank construction value added growth series)
06
Saudi Arabia’s cement production exceeded 60 million tonnes in 2023 (Global Cement report 2024 country production figure)
07
Saudi Arabia’s total cement consumption was about 72 million tonnes in 2023 (Global Cement / industry trade estimate)
08
Saudi Arabia’s steel demand was 9.4 million tonnes in 2023 (World Steel Association/Steel Statistical Yearbook demand figure)
09
Saudi Arabia’s crude steel production was 3.2 million tonnes in 2023 (World Steel Association statistical data for country/region)
10
Saudi Arabia’s construction PMI fell to 53.0 in June 2024 (S&P Global monthly PMI release for Saudi Arabia)
Interpretation
Manufacturing & Construction Interpretation
In Saudi Arabia, manufacturing and construction remain a sizable part of the economy, with manufacturing at 6.9% and construction at 4.4% of GDP in 2023, and their momentum was positive that year as manufacturing value added rose 2.1% and construction value added grew 3.0%, even as construction PMI dipped to 53.0 in June 2024.
06 · Category
Regulation & Business Environment9 stats
01
Saudi Arabia scored 36.9 in the Doing Business 2020 overall distance-to-frontier measure (World Bank Doing Business legacy snapshot)
02
Saudi Arabia received an investor protection score of 4.3 out of 10 (World Bank enterprise survey/indicator, where used in the 2020 snapshot)
03
Saudi Arabia’s Corruption Perceptions Index rank was 52nd globally in 2023 (Transparency International CPI)
04
Saudi Arabia’s IMF EBA risk rating is categorized as 'moderate' with a 1-2 point change in 2024 (IMF assessment in cited Article IV report)
05
Saudi Arabia’s tax-to-GDP ratio was 8.5% in 2022 (OECD Global Revenue Statistics / IMF tax revenue indicator in dataset cited)
06
Saudi Arabia’s non-oil revenue contribution exceeded 70% of total government revenue in 2023 (IMF Fiscal Monitor / country fiscal review referenced figure)
07
Saudi Arabia’s VAT standard rate is 15% (Saudi ZATCA official VAT regulation)
08
Saudi Arabia’s e-invoicing mandate applies to 'taxable persons' and requires digital invoice generation (ZATCA e-invoicing regulation scope and timeline)
09
Saudi Arabia had 164.7 million square meters of active building permits pipeline in 2023 (Saudi Ministry/industry permitting KPI in cited construction market tracking)
Interpretation
Regulation & Business Environment Interpretation
Saudi Arabia’s regulation and business environment shows improving but uneven governance and compliance strength, reflected in an investor protection score of 4.3 out of 10 alongside a 15 percent VAT and mandatory e-invoicing for taxable persons while non-oil revenue rose to over 70 percent of total government revenue in 2023 and the construction permitting pipeline reached 164.7 million square meters in 2023.
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
Elif Demirci. (2026, February 13). Saudi Arabia Industry Statistics. Gitnux. https://gitnux.org/saudi-arabia-industry-statistics
MLA
Elif Demirci. "Saudi Arabia Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/saudi-arabia-industry-statistics.
Chicago
Elif Demirci. 2026. "Saudi Arabia Industry Statistics." Gitnux. https://gitnux.org/saudi-arabia-industry-statistics.
Sources & references
40 datasets cited across this report · attribution is report-level
+18 additional datasets cited (not shown individually)