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HomeVision 2030Vision 2030 Progress: Saudi Arabia Achieves 93% of Key Goals

Vision 2030 Progress: Saudi Arabia Achieves 93% of Key Goals

Economic diversification, investment, and reforms drive national transformation under Vision 2030.

April 26, 2025
in Vision 2030
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Saudi Arabia’s Vision 2030 has delivered significant progress, with 93% of its key performance indicators either fully or nearly achieved since its inception. This ambitious initiative focuses on diversifying the economy, empowering citizens, and creating an attractive environment for investors through a series of strategic programs and national policies.

The latest assessment highlights that out of 374 main performance indicators, 299 have been fully met—most surpassing original targets—while another 49 are close to completion. This achievement reflects effective planning and execution, supported by robust monitoring systems and adaptability in both initiatives and metrics.

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Out of 1,502 launched projects, 674 are complete and 596 are progressing as planned, covering areas such as healthcare, digital transformation, clean energy, and cultural development. Years of investment in institutional capacity and structural reforms have underpinned this success.

Since 2016, Saudi Arabia has introduced sweeping reforms to reduce oil dependency and boost the private sector, resulting in private sector GDP contribution rising to 47% in 2024. Real non-oil GDP grew by 3.9% that year, while unemployment among Saudis dropped to 7%, meeting targets ahead of schedule. Inflation remained low, and foreign investment soared, signaling international confidence.

Global organizations have recognized Saudi Arabia’s economic momentum, with improved credit ratings and upward growth forecasts. The Public Investment Fund’s assets have tripled since Vision 2030 began, and the value of discovered mineral resources has nearly doubled.

Saudi Arabia has also improved its global competitiveness, ranking 16th in the World Competitiveness Index and climbing to 6th in the UN E-Government Development Index. Social indicators show progress, with homeownership rates rising, environmental efforts exceeding targets, and the number of volunteers surpassing goals. The country also recorded record numbers of international pilgrims, supported by upgraded infrastructure and digital services.

Looking forward, the focus remains on measurable outcomes, institutional resilience, and sustaining progress through the next phase of Vision 2030. The coming years are seen as crucial for not only meeting remaining goals but also ensuring long-term national transformation and global competitiveness.

Tags: economic diversificationGlobal Competitivenessinvestment climatenon-oil GDPSaudi reforms
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