544.7 billion riyals in compensation for workers in the business sector during 2023

The results of the comprehensive economic survey in Saudi Arabia issued by the Statistics Authority revealed that compensation for those working in the business sector in 2023 amounted to about 544.7 billion riyals.
The Authority issued the comprehensive bulletin 2023, which included a set of key indicators that reflect the most prominent structural features of the business sector.

Results of the comprehensive economic survey

The results of the comprehensive economic survey for the year 2023 showed that total operating revenues amounted to 5.292 billion riyals, while total operating expenses amounted to 2.165 billion riyals.
She added that the value of total fixed capital formation for this sector amounted to 867.8 billion riyals.
The results of the Comprehensive Economic Survey contribute to the formation of data and statistical indicators with a high degree of accuracy, comprehensiveness and professionalism. To highlight the extent of real and actual economic growth in the Kingdom, and to meet the requirements of statistical organizations, and local, regional and international bodies.
It is noteworthy that the comprehensive economic survey is considered an integrated base for economic data, and contributes directly to providing and measuring a wide range of economic indicators, and provides accurate, updated and more detailed statistical data and indicators about establishments in the Kingdom. To support decision makers, policy makers, and investors, and enable them to develop and grow in the Kingdom.