Money and business

The National Investment Strategy places Saudi Arabia among the 15 largest global economies


A report issued by the Ministry of Investment said: The National Investment Strategy is moving in an accelerated pace towards achieving the targets of Vision Saudi Arabia 2030, while enabling the targets by improving the attractiveness of the investment environment and raising the contribution of the private sector and non -oil exports. "Saudi economy and investment" The ministry issued, that among the targets of the vision, that Saudi Arabia is among the 15 largest economies in the world by 2030.

The viewership of the vision The targets included a high total value of investments to 12 trillion riyals by 2030.
The private sector in GDP to 65%, by 2030, compared to 40% in 2016.
Non -oil exports by 50% in the non -oil domestic product by 2030, compared to 16% in 2016.
investment goals < /h2> stated that the investment goals of the national strategy work to reach the gross local investment component in the formation of Fixed capital to 1.7 trillion riyals. The total. Fixed in the nominal GDP to 29% compared to 28% in 2023.

Foreign direct investment and according to the report, foreign direct investment flows in 2023 amounted to 96 billion riyals, bypassing the national investment strategy of 83 billion riyals by 16%. Live foreign from the gross domestic product in 2023, achieving the target approved in the national investment strategy, which is 2.4%. GDP is about 22.5% in 2023.

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