Saudi annual Vision 2030 report shows most indicators achieve targets

Saudi Vision 2030 is a strategic framework launched in 2016 to diversify the Kingdom’s economy, reduce oil dependency, and modernize society. Shutterstock
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Updated 25 April 2026
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Saudi annual Vision 2030 report shows most indicators achieve targets

  • Non-oil activities make up more than half of the Kingdom’s GDP 

RIYADH: Saudi Arabia’s non-oil activities now make up more than half of the Kingdom’s real gross domestic product, according to the annual Vision 2030 report for 2025. 

The document, released as the Kingdom prepares to enter the third phase of Vision 2030 in 2026, shows that 225 out of 1,290 initiatives have been fully implemented, while 935 more are on track. Some 309 out of 390 indicators have achieved their interim goals, leading to a 93 percent completion threshold.

Saudi Vision 2030 is a strategic framework launched in 2016 to diversify the Kingdom’s economy, reduce oil dependency, and modernize society.

“Our country continues its journey toward a brighter future, building on a decade of remarkable progress achieved under Vision 2030,” said King Salman bin Abdulaziz in the report. 

“The Kingdom has emerged as a leading example of how to effectively harness its capabilities and resources to drive comprehensive development, with impact clearly reflected in the enhanced quality of life for its people,” he added.

The Kingdom’s real GDP reached SR1.3 trillion ($348.4 billion) in 2025, exceeding the target for the year. 

Non-oil activities now account for 55 percent of real GDP, while the private sector contributes 51 percent, marking a significant structural shift toward a more sustainable economy.

“Investment into Saudi Arabia has increased in recent years, supported by reforms that made the market more open and easier to access for both domestic and international investors,” the report said. Foreign direct investment stock has grown by 119 percent since 2017 to reach SR293.3 billion in 2025.

Assets under management stood at approximately $909 billion, broadly stable year on year following a period of rapid growth. The number of small and medium enterprises has surpassed 1.7 million, employing 8.8 million people with a 22.9 percent contribution to GDP.

“After a decade of progress under Vision 2030, our nation has shown how ambition can be turned into real results through the determination of its people and the strength of its institutions,” said Crown Prince Mohammed bin Salman.

He added: “The progress achieved in recent years means we must now build on this momentum, step up our efforts, and strengthen our plans to sustain this progress and continue improving the lives of our people.”

Real GDP grew by 4.5 percent in 2025, supported by continued expansion in non-oil sectors and higher oil production as OPEC+ supply constraints eased.

Quality of life

Social development and quality of life have seen remarkable improvement. Homeownership among Saudi families reached 66.24 percent, up from 47 percent at the launch of Vision 2030. Healthcare coverage hit 97.5 percent, and life expectancy is approaching the 2030 target of 80 years.

The percentage of adults meeting recommended physical activity levels reached 59.1 percent, exceeding targets.

The number of Umrah performers from outside the Kingdom exceeded 18 million, compared to 6.2 million in 2016.

Empowering society and strengthening national responsibility

Volunteering has seen a qualitative leap, with the number of volunteers rising from 22,000 to more than 1.75 million, surpassing the 2030 target ahead of schedule. The share of large companies implementing corporate social responsibility programs increased from 30 percent to 76.8 percent.

Global presence and advanced competitive standing

Internationally, Saudi Arabia has strengthened its position in global indicators, ranking first worldwide in cybersecurity and third in the global AI index, alongside advances in competitiveness and digital readiness.

“From ambition to lived reality, Vision 2030 stands as both progress delivered and a journey still unfolding,” the report added.