Money and business

Saudi Arabia’s economy in the first quarter .. high real estate, decline in unemployment and private investment growth


The report of the Saudi economy and investment for the first quarter 2025, issued by the Ministry of Investment, revealed the decline in the unemployment rate between the Saudis, while the real estate prices and purchasing managers indicated noticeable increases on an annual basis." target ="_Blank"> Saudi Arabia in the first quarter of the year 2025 by 4.3% compared to the same period in the previous year." target ="_Blank"> The housing by 5.1%, and the prices of the commercial sector real estate by 2.5% compared to the decrease in the prices of the agricultural sector real estate by 1.1%. Purchases With regard to private investment indicators, the report stated that the average index of purchasing managers increased during the first quarter of this year by 4.4% to reach 59.0 points compared to about 56.5 points in the first quarter of the previous year." target ="_Blank"> The General Authority for Statistics for the statistics of the labor market for the fourth quarter of the year 2024, the unemployment rate for the Saudis recorded 7.0 % by a decrease of 0.8 percentage points compared to the third quarter of the year 2024, achieving the targeting of Saudi vision 2030.
also recorded the total unemployment rate for the total population 3.5 % in the fourth quarter of the year 2024, low by 0.2 points Celsius compared to the third quarter of the same year.

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