Urgent: In numbers…the Saudi economy is a resilient force that goes beyond oil and drives unprecedented growth
The economy of the Kingdom of Saudi Arabiais linked to oil alone, as it is witnessing a clear structural transformation that enhances its ability to grow and sustain.
In 2025, the economy Strong growth in GDP by 4.5% to reach $1.3 trillion, driven mainly by the rise in the contribution of non-oil sectors, despite the continued production restrictions within the OPEC+ agreements.
A more diversified and stronger economy
According to what Forbes reported, this transformation reflects a more diversified economy and growing financial strength, supported by extensive infrastructure and remarkable structural flexibility, which makes it an important attraction for global investors and decision makers in Kingdom.
Infrastructure projects in Saudi Arabia are among the largest development programs in the world, with the value of contracts signed for mega projects reaching about $196 billion in 2025, an increase of nearly 20% compared to the previous year, according to a report issued by Knight Frank.
The total value of projects under implementation also exceeds $800 billion, with progress continuing in major projects such as NEOM, Diriyah Gate, and the global Red Sea project according to schedules.
Reducing dependence on oil
In terms of economic diversification, indicators show clear progress in reducing dependence on oil, as non-oil revenues reached a record level of $134.7 billion (505.3 billion Saudi riyals) in 2025, representing about 45.5% of total government revenues.
World Bank data also indicate that trade openness is still at a moderate level of approximately 55% of GDP. Total until 2024, balancing between reducing external risks and enhancing the benefit of global economic opportunities.
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