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Saudi Arabia GDP 2017-2022 (Billions USD)
Saudi Arabia is the 18th largest economy in the world and the second largest in the Middle East. Its GDP has grown at an average annual growth rate of ~8% since the launch of Vision 2030 in 2016, reaching US$ 1 trillion in 2022.
The recent surge in global energy prices has helped Saudi Arabia reap rewards for its oil activities that is financing the Kingdom’s diversification away from oil-reliance. Non-oil activities formed almost half the GDP last year in 2021.
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The Evolution of Saudi Arabia Startup Ecosystem 2010-2022
As the KSA Startup Ecosystem continues to evolve, this report serves as an indispensable guide for investors, entrepreneurs, and stakeholders eager to navigate its complexities. The first comprehensive overview of Saudi's startup ecosystem, its history, and its future. The Special Report hosts perspectives and insights from many of the country’s most active investors, highlights new investment trends, critical milestones hit by the Kingdom’s fast-growing startup ecosystem, and spotlights a handful of interesting startups coming out of the Kingdom. It is packed full of insights, data, and opinions from the thought leaders and market-makers in the Kingdom. Readers will gain a deep understanding of the unique factors driving Saudi Arabia's entrepreneurial spirit, the challenges faced by startups, and the opportunities that lie ahead. This report serves as an invaluable resource for anyone looking to navigate and invest in this vibrant and rapidly evolving market.
