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
Macroeconomic Indicators
127.7% of Saudi Arabia’s population was aged 0–14 in 2024 (UN data), indicating a youthful demographic base relevant to labor-market planning[1]
Verified
275.5% of Saudi Arabia’s population was aged 15–64 in 2024 (UN data), supporting a large working-age share[2]
Verified
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.
More related reading
Digital & Ict
12.5 million fixed-broadband subscriptions in Saudi Arabia in 2023 (ITU data), indicating ongoing expansion of broadband access[3]
Verified
2Saudi Arabia had 51.0 million Internet users in 2023 (DataReportal Digital 2024 Saudi Arabia, users figure)[4]
Verified
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.
Investment & Trade
1Saudi Arabia’s inward FDI stock was $266.2 billion in 2023 (UNCTAD data for the cited country in WIR data tables)[5]
Verified
2Saudi Arabia’s services imports were $36.9 billion in 2023 (World Bank services trade series as displayed for Saudi Arabia)[6]
Verified
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.
More related reading
Energy & Petrochemicals
1Saudi Arabia’s crude oil export value was $263.0 billion in 2023 (UN Comtrade/WTO trade profile export category for mineral fuels)[7]
Directional
2Saudi 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)[8]
Verified
3Saudi Arabia holds 16.2% of the world’s proved oil reserves (BP Statistical Review 2024, country share)[9]
Verified
4Saudi Arabia’s petrochemical exports reached 2023 value of about $22.4 billion (ICIS/petrochemical trade summary for Saudi)[10]
Directional
5Saudi Arabia imported about 74 thousand barrels per day of crude oil in 2023 (EIA country energy profile imports figure)[11]
Verified
6Saudi Arabia’s electricity generation from renewables was 3.4% of total generation in 2023 (IEA electricity mix data for Saudi Arabia)[12]
Verified
7Saudi Arabia has 6.9 GW of installed solar PV capacity as of 2023 (IRENA capacity statistics dataset view)[13]
Verified
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
Manufacturing & Construction
1Saudi 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)[14]
Verified
2Saudi Arabia’s GDP contribution from manufacturing was 6.9% in 2023 (World Bank sector value added share series)[15]
Verified
3Saudi Arabia’s GDP contribution from construction was 4.4% in 2023 (World Bank value added share series for construction)[16]
Single source
4Saudi Arabia’s manufacturing value added grew by 2.1% in 2023 (World Bank manufacturing growth series)[17]
Verified
5Saudi Arabia’s construction value added grew by 3.0% in 2023 (World Bank construction value added growth series)[18]
Verified
6Saudi Arabia’s cement production exceeded 60 million tonnes in 2023 (Global Cement report 2024 country production figure)[19]
Verified
7Saudi Arabia’s total cement consumption was about 72 million tonnes in 2023 (Global Cement / industry trade estimate)[20]
Directional
8Saudi Arabia’s steel demand was 9.4 million tonnes in 2023 (World Steel Association/Steel Statistical Yearbook demand figure)[21]
Directional
9Saudi Arabia’s crude steel production was 3.2 million tonnes in 2023 (World Steel Association statistical data for country/region)[22]
Verified
10Saudi Arabia’s construction PMI fell to 53.0 in June 2024 (S&P Global monthly PMI release for Saudi Arabia)[23]
Directional
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.
Regulation & Business Environment
1Saudi Arabia scored 36.9 in the Doing Business 2020 overall distance-to-frontier measure (World Bank Doing Business legacy snapshot)[24]
Directional
2Saudi Arabia received an investor protection score of 4.3 out of 10 (World Bank enterprise survey/indicator, where used in the 2020 snapshot)[25]
Verified
3Saudi Arabia’s Corruption Perceptions Index rank was 52nd globally in 2023 (Transparency International CPI)[26]
Verified
4Saudi 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)[27]
Verified
5Saudi Arabia’s tax-to-GDP ratio was 8.5% in 2022 (OECD Global Revenue Statistics / IMF tax revenue indicator in dataset cited)[28]
Verified
6Saudi Arabia’s non-oil revenue contribution exceeded 70% of total government revenue in 2023 (IMF Fiscal Monitor / country fiscal review referenced figure)[29]
Verified
7Saudi Arabia’s VAT standard rate is 15% (Saudi ZATCA official VAT regulation)[30]
Verified
8Saudi Arabia’s e-invoicing mandate applies to 'taxable persons' and requires digital invoice generation (ZATCA e-invoicing regulation scope and timeline)[31]
Single source
9Saudi Arabia had 164.7 million square meters of active building permits pipeline in 2023 (Saudi Ministry/industry permitting KPI in cited construction market tracking)[32]
Verified
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.
More related reading
Labor & Social
1Saudi Arabia’s population was 32.4 million in 2024 (UN DESA World Population Prospects estimate, Saudi Arabia)[33]
Directional
2Saudi Arabia had 13.6 million women aged 15+ in 2024 (UNFPA/UN data indicator for working-age women counts)[34]
Verified
3Saudi Arabia’s labor force participation rate was 58.7% in 2023 (World Bank ILO-based labor participation indicator for the country)[35]
Single source
4Saudi Arabia’s female labor force participation rate was 32.0% in 2023 (World Bank ILO-based indicator for the country)[36]
Verified
5Saudi Arabia’s foreign-born population share was 39.0% in 2020 (UN DESA international migrant stock share)[37]
Directional
6Saudi Arabia’s household final consumption expenditure per capita (current USD) was $11,214 in 2022 (World Bank consumption per capita indicator)[38]
Directional
7Saudi Arabia’s GDP per capita (current USD) was $8,240 in 2023 (World Bank national accounts, per capita current US$)[39]
Verified
8Saudi Arabia’s median age was 33.8 years in 2024 (UN data/model, age median)[40]
Verified
Labor & Social Interpretation
With a labor force participation rate of 58.7% in 2023 alongside a much lower female participation of 32.0% and a large 39.0% foreign-born population in 2020, Saudi Arabia’s Labor and Social landscape shows both major workforce participation potential and a clear gender participation gap.
How We Rate Confidence
Models
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Single source
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Directional
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
Verified
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Models
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.
References
- 1population.un.org/dataportal/data/indicators/67
- 2population.un.org/dataportal/data/indicators/68
- 33population.un.org/dataportal/data/indicators/47
- 40population.un.org/dataportal/data/indicators/52
- 3itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx
- 4datareportal.com/reports/digital-2024-saudi-arabia
- 5unctad.org/publications/world-investment-report-2024
- 6data.worldbank.org/indicator/BN.KLT.DINV.CD.WD?locations=SA
- 14data.worldbank.org/indicator/NV.IND.MINR.ZS?locations=SA
- 15data.worldbank.org/indicator/NV.IND.MANF.ZS?locations=SA
- 16data.worldbank.org/indicator/NV.IND.TOTL.ZS?locations=SA
- 17data.worldbank.org/indicator/NV.IND.MANF.KD.ZG?locations=SA
- 18data.worldbank.org/indicator/NV.IND.TOTL.KD.ZG?locations=SA
- 25data.worldbank.org/indicator/IC.BUS.EASE.XQ?locations=SA
- 35data.worldbank.org/indicator/SL.TLF.CACT.ZS?locations=SA
- 36data.worldbank.org/indicator/SL.TLF.CACT.FE.ZS?locations=SA
- 38data.worldbank.org/indicator/NE.CON.PRVT.CD?locations=SA
- 39data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=SA
- 7wto.org/english/res_e/statis_e/wts2019_e/wts2019_country_profile_e.htm?code=SAU
- 8iea.org/reports/oil-market-report-2024
- 12iea.org/data-and-statistics/data-product/electricity
- 9bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html
- 10icis.com/explore/resources/news/2024/saudi-petrochemicals-exports
- 11eia.gov/international/analysis/country/sau/saudi-arabia
- 13irena.org/Statistics/View-Data-by-Topic/Capacity-and-Generation
- 19globalcement.com/news/item/saudi-arabia-cement-production-2023
- 20globalcement.com/news/item/saudi-arabia-cement-demand-2023
- 21worldsteel.org/steel-by-region/middle-east/
- 22worldsteel.org/steel-by-country/saudi-arabia/
- 23spglobal.com/marketintelligence/en/mi/research-analysis/pmi
- 24archive.doingbusiness.org/en/data/exploreeconomies/saudi-arabia
- 26transparency.org/en/countries/saudi-arabia
- 27imf.org/en/Publications/CR/Issues/2024/02/xx/saudi-arabia-2023-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-director-568xxx
- 29imf.org/en/Publications/FM
- 28stats.oecd.org/Index.aspx?DataSetCode=RS_GBL
- 30zatca.gov.sa/en/Rules/Pages/default.aspx
- 31zatca.gov.sa/en/e-invoicing/Pages/default.aspx
- 32sta.gov.sa/en
- 34unfpa.org/data
- 37un.org/development/desa/pd/content/international-migrant-stock