Latest news with #GeneralAuthorityForStatistics
Argaam
3 days ago
- Business
- Argaam
Digital economy accounts for 15.6% of Saudi GDP in 2023: GASTAT
The digital economy accounted for 15.6% of Saudi Arabia's GDP in 2023, marking a 1.6% increase compared to 2022, according to the Digital Economy Statistics Bulletin 2023 issued recently by the General Authority for Statistics (GASTAT). As for the structure of the digital economy, the core level, consisting of activities that produce information and communication technology (ICT) goods and services, contributed 2.6% to GDP. The narrow level, which covers establishments relying on digital inputs, contributed 2.3%. The broad level, which includes establishments that significantly enhance their products and services through digital inputs, accounted for 10.7% of GDP. This survey adheres to international standards set by the UN Conference on Trade and Development (UNCTAD) in its Handbook on Measuring Digital Trade, ensuring the international comparability of Saudi Arabia's digital economy indicators. Imports of ICT goods recorded a notable growth, reaching SAR 54.9 billion in 2023, reflecting a 20% growth rate. Meanwhile, exports and re-exports of these goods grew by 76%, reaching SAR 11.8 billion. According to the bulletin, 71.6% of establishments connected to the internet used smart devices or systems, with the most notable being alarm systems, smart meters, smart lighting, and smart surveillance cameras. Regarding the sector's financial performance, operating revenues for the ICT sector in 2023 totaled approximately SAR 236.4 billion, while operating expenses reached SAR 115.4 billion. Employee compensation in the sector amounted to SAR 27.5 billion. Operating Revenues of ICT Sector in 2023 Details Value (SAR bln) Operating Revenues 236.4 Operating Expenses 115.5 Employee Compensation 27.5 The number of active commercial registrations for e-commerce reached about 37,500 in 2023, an increase of 24% compared to 2022. Commercial registrations for software publishing rose from 3,113 in 2022 to 4,009 in 2023. Commercial registrations for cloud computing services providers also saw a 41% increase, reaching 1,759.
Zawya
3 days ago
- Business
- Zawya
Saudi families occupy 4.4mln homes: GASTAT
RIYADH — The General Authority for Statistics (GASTAT) revealed on Thursday that the total number of homes occupied by Saudi families reached 4.4 million. This figure records an increase of 233,000 houses compared to the houses registered in the census of 2022, with a growth rate of 2.7 percent. The percentage of housing occupied by Saudi families reached 50.6 percent of the total housing occupied by families, while the average size of the Saudi family reached 4.9 individuals. The results of the housing survey for the year 2024 showed that the percentage of housing occupied by Saudi families in the type of apartments is the highest, representing 45 percent, followed by villas, with 31 percent of the total housing occupied by Saudi families. The GASTAT survey indicated that the building materials used for housing by 90 percent of the total housing occupied by Saudi families is reinforced concrete. It noted that the housing occupied by Saudi families whose approximate age ranges between 10 and 19 years is the highest percentage in the Kingdom, reaching 35.1 percent of the total housing occupied by Saudi families. The results indicated that the percentage of housing occupied by Saudi families, and its area ranges between 150 and 299 squares, is the highest in the Kingdom, with 44.7 percent of the total housing occupied by Saudi families. According to the results of the survey, the percentage of housing occupied by Saudi families, whose total number of rooms from 4 to 6 rooms is the highest, as it reached 57 percent, while the percentage of housing in which the number of bedrooms has 3 bedrooms or less is the highest, as it reached 69.1 percent of the total housing occupied by Saudi families. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Arab News
18-05-2025
- Business
- Arab News
Saudi air passenger traffic up 15% to over 128m in 2024
RIYADH: Saudi Arabia's air travel sector experienced a 15 percent growth in passenger traffic in 2024, with more than 128 million passengers traveling through the Kingdom's airports, a report revealed. According to the General Authority for Statistics' Air Transport Statistics Publication 2024, international passenger traffic reached 69 million, an increase of 14 percent compared to 2023. Domestic passenger traffic also rose by 16 percent, totaling 59 million passengers. Jeddah's King Abdulaziz International Airport led with 49 million passengers, registering a 14 percent increase from the previous year. King Khalid International Airport in Riyadh followed with 37.6 million passengers, an 18 percent increase, while Dammam's King Fahd International Airport handled 12.8 million passengers, up 15 percent. The average daily number of passengers at Saudi airports stood at approximately 189,000 for international flights and 162,000 for domestic routes. Flight volumes also saw notable growth. The number of domestic flights reached 474,000 in 2024, up 12 percent, while international flights rose by 10 percent to 431,000. Jeddah recorded the most flight operations with nearly 290,000, followed by Riyadh with 274,000 and Dammam airport with 105,000. Saudi airlines operated 412,000 domestic and 152,000 international flights. Foreign airlines accounted for 1,584 domestic and 266,000 international routes, while general aviation contributed 60,000 domestic and 13,000 international flights. Cargo traffic increased as well, with total air freight volumes reaching 1.2 million tonnes, a 34 percent growth from 2023. Inbound cargo comprised 720,000 tonnes, outbound 64,000 tonnes, and transit cargo 407,000 tonnes. The highest monthly cargo volume was recorded in March at 123,000 tonnes. The total aircraft fleet in Saudi Arabia grew to 361 in 2024, marking an 11 percent rise. The commercial fleet accounted for 258 aircraft, up 12 percent, with the largest segment comprising aircraft with over 250 seats. The general aviation fleet reached 103 aircraft, a 7 percent increase. In terms of passenger handling ability, the total across Saudi airports reached 126 million in 2024. King Abdulaziz International Airport led with a designed capacity of 50 million passengers, an 11 percent year-on-year increase, operating at 98 percent of that limit. King Khalid International Airport followed with 39 million, a 5 percent increase, and a 96 percent utilization rate. The report also indicated improvements in air connectivity. King Abdulaziz International Airport offered the highest number of international routes at 369, followed by Prince Mohammed bin Abdulaziz International Airport in Madinah with 272, King Khalid International Airport with 165, and King Fahd International Airport with 85. Compared to 2023, these figures reflect increases of 1 percent, 5 percent, and respective declines of 6 and 8 percent. Overall, the air transport sector's continued expansion aligns with the Kingdom's Vision 2030 goals of enhancing connectivity, supporting tourism growth, and diversifying the national economy.
Arabian Business
17-05-2025
- Business
- Arabian Business
Saudi inflation rate steady at 2.3%
The annual inflation rate in Saudi Arabia reached 2.3 per cent in April 2025, according to the General Authority for Statistics (GASTAT). This rate positions the Kingdom among the G20 nations with the lowest inflation. According to GASTAT, the Consumer Price Index (CPI) measures the price of a fixed basket of 490 goods and services paid by consumers. Saudi inflation The basket is selected based on a 2018 household income and expenditure survey, which determined the items and their respective weights.
Asharq Al-Awsat
15-05-2025
- Business
- Asharq Al-Awsat
GASTAT: Saudi Inflation Rate 2.3% in April
The annual inflation rate in Saudi Arabia reached 2.3% in April 2025, the General Authority for Statistics (GASTAT) said Thursday. This rate positions the Kingdom among the G20 nations with the lowest inflation. According to GASTAT, the Consumer Price Index (CPI) measures the price of a fixed basket of 490 goods and services paid by consumers. The basket is selected based on a 2018 household income and expenditure survey, which determined the items and their respective weights. Prices are collected through on-site visits to sales points. The CPI statistics are published monthly.
