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Non-Oil GDP Share: 55% 2025 real GDP |Saudi Unemployment: 7.2% Q4 2025 |PIF AUM: $925B 2025 approx. |FDI Share of GDP: 2.8% 2025 latest |Female Participation: 35.0% 2025 latest |Credit Rating: Aa3/A+/A+ Moody's/Fitch/S&P |GDP Growth: 4.5% 2025 actual |Umrah Pilgrims: 18M+ 2025 foreign |Non-Oil GDP Share: 55% 2025 real GDP |Saudi Unemployment: 7.2% Q4 2025 |PIF AUM: $925B 2025 approx. |FDI Share of GDP: 2.8% 2025 latest |Female Participation: 35.0% 2025 latest |Credit Rating: Aa3/A+/A+ Moody's/Fitch/S&P |GDP Growth: 4.5% 2025 actual |Umrah Pilgrims: 18M+ 2025 foreign |

Government Reform

Fiscal Sustainability: Diversifying Government Revenue Beyond Oil

Saudi Arabia's fiscal sustainability priority under Vision 2030 targets a dramatic reduction in oil dependence, growing non-oil revenue from SAR 163 billion toward SAR 1 trillion. With VAT implementation, spending reforms, and stable investment-grade ratings, the Kingdom is restructuring its public finances for a post-hydrocarbon era.

Updated Apr 18, 2026

National Transformation Program (NTP)

National Transformation Program explained: 36 government agencies, 346 strategic objectives, and how NTP drives Vision 2030 institutional reform.

Updated Apr 18, 2026

National Transformation Program (NTP)

An in-depth analysis of the National Transformation Program, the first Vision Realisation Programme launched in 2016 to build institutional capacity, modernise government services, and create an enabling environment for Saudi Arabia's economic diversification.

Updated May 6, 2026