Market Research Report
Saudi Arabia Economic and Social Growth Opportunities
|Saudi Arabia Economic and Social Growth Opportunities|
Published: December 14, 2021
Frost & Sullivan
Content info: 36 Pages
Delivery time: 1-2 business days
Economic Diversification will Enhance the Non-oil Sector's Future Growth Potential
This research is designed to provide insights into Saudi Arabia's macroeconomic environment for the next five years, covering aspects such as GDP growth and per capita GDP, fiscal and monetary policy, demographics, disease profile, and health insurance. Saudi Arabia's economy experienced a deep contraction in 2020, with the rebound seen through 2021. GDP growth is expected to gain further momentum in 2022, with 2025 growth to close at 2.5%. With the government pursuing economic diversification under the Vision 2030 program, the GDP contribution of the non-oil sector is expected to keep increasing up to 2025 and beyond.
The study analyses the key growth drivers and restraints for Saudi Arabia and provides an overview of policies and factors that will transform the country's economy. It also identifies the priority sectors the government has targeted for investments and examines the effects of its commitment to net-zero emissions, which will help drive industries such as renewable energy and electric vehicles. The research also examines population disease profiles for both communicable and non-communicable diseases. Data and insights on the number of hospitals and beds, health insurance, and out-of-pocket expenditure are also provided.