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 |

Localisation

Gap Alert: Defence Spending Localisation 50% Target

Tracking Saudi Arabia's progress toward 50% defence spending localisation with SAMI and GAMI capacity analysis.

Feb 22, 2026

General Authority for Military Industries (GAMI)

Profile of GAMI, the authority localising 50% of Saudi military spending by 2030 and building a domestic defence industrial base.

Feb 22, 2026

Labour Nationalisation Policies Across the GCC: Localisation Benchmark

Comparative benchmarking of labour nationalisation programmes across GCC states covering Saudisation and Emiratisation.

Feb 22, 2026

Saudi Defence Companies

Overview of Saudi Arabia's defence industry, covering SAMI, GAMI regulation, major domestic manufacturers, international joint ventures, defence procurement, and the localisation target under Vision 2030.

Feb 22, 2026

Saudi Pharmaceutical Manufacturing

A detailed examination of Saudi Arabia's pharmaceutical manufacturing sector, covering localisation targets, key producers, regulatory developments, and the strategic alignment with Vision 2030's healthcare and [industrial diversification](/sectors/) objectives.

Feb 22, 2026

What is GAMI?

Explanation of the General Authority for Military Industries (GAMI), the Saudi regulator and enabler of domestic defence manufacturing, covering its mandate, licensing framework, localisation targets, and role within Vision 2030.

Feb 22, 2026