SAUDI VISION 2030

The Vanderbilt Terminal for Saudi Arabia's National Transformation

INDEPENDENT GLOBAL INTELLIGENCE FOR THE KINGDOM OF SAUDI ARABIA

Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

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programmatic

Human Resources Development Fund (HRDF / Hadaf)

The Saudi fund supporting private-sector employment of Saudi nationals through wage subsidies, training programmes, and job placement services.

Feb 22, 2026

institutions

Human Resources Development Fund (HRDF): Role in Saudi Vision 2030

HRDF finances employment support, training, and Saudisation programmes, placing 73,878 citizens in private sector jobs in Q1 2024.

Feb 22, 2026