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Thriving Economy

A key focus for Vision 2030 is in creating an environment which unlocks business opportunities, broadens the economic base, and creates jobs for all Saudis. We will achieve this by leveraging Saudi Arabia’s unique location and potential, attracting the best talent, and increasing global investment.

VISION GOALS

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Leveraging its unique position

To raise the share of non-oil exports in non-oil GDP from 16% to 50%
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Leveraging its unique position

To raise our global ranking in the Logistics Performance Index from 49 to 25 and ensure the Kingdom is a regional leader
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Open for Business

To increase the private sector's contribution from 40% to 65% of GDP.
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Open for Business

To increase foreign direct investment from 3.8% to the international level of 5.7% of GDP
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Open for Business

To rise from our current position of 25 to the top 10 countries on the Global Competitiveness Index
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Investing for the long-term

To increase the Public Investment Fund’s assets, from SAR 600 billion to over 7 trillion
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Investing for the long-term

To increase the localization of oil and gas sectors from 40% to 75%
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Investing for the long-term

To move from our current position as the 19th largest economy in the world into the top 15
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Rewarding Opportunities

To increase women’s participation in the workforce from 22% to 30%
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Rewarding Opportunities

To increase SME contribution to GDP from 20% to 35%
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Rewarding Opportunities

To lower the rate of unemployment from 11.6% to 7%