Saudi Arabia is pushing toward a more diversified future, even as oil continues to underpin national revenues. Large-scale reforms under Vision 2030 aim to expand tourism, logistics, mining, renewable energy, and advanced manufacturing. The kingdom has invested heavily in modern infrastructure and technology, while attracting new foreign partnerships. Though the global energy transition presents long-term adjustments, strong fiscal reserves and major development projects support its efforts to build a broader economic base.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Saudi Arabia GDP statistics.