Economic
Saudi Arabia's industrial, logistics sectors add $263bn to non-oil GDP
Saudi Arabia's non-oil industrial and logistics sectors contribute $263bn to broader GDP, highlighting economic resilience amid oil market fluctuations.
Saudi Arabia's industrial and logistics sectors have contributed $263bn to the non-oil component of GDP, demonstrating the country’s diversification away from oil. The total contribution of non‑oil activities to GDP reached 55 percent, underpinned by 4 percent growth in manufacturing and 5 percent growth in both mining and transport/storage sectors. The broader economy grew 1.3 percent in 2024 despite oil‑market volatility, underscoring the strategic shift promoted by the National Industrial Development and Logistics Program to build a diversified, value‑added economic base.
- Status
- active
- Location
- Saudi Arabia
- Date added
- 2026-03-25 20:08 UTC
- Last updated
- 2026-03-25 20:08 UTC
- Connected threats
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- Not Available