Key Insights
Saudi Arabia's unemployment rate dropped to 7% in 2024, achieving the Vision 2030 target six years ahead of schedule.
Female labor force participation reached 36% in 2024, surpassing the 30% target set for 2030.
The Public Investment Fund's assets grew to $941.3 billion in 2024, a sixfold increase from 2016.
AI Analysis
Saudi Arabia is on track to meet or exceed most of its Vision 2030 targets by 2030, with continued focus on economic diversification and social reform...
Market Outlook
Short-Term
In the short term, the completion of 674 out of 1,502 Vision 2030 initiatives by 2024 is expected to boost investor confidence and attract foreign direct investment, particularly in non-oil sectors.
Long-Term
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