Saudi business sector revenues rise 2.3% to SR5.63 trillion in 2025

30 Oct 2026 · Riyadh

StatusOfficial statistics published by the General Authority for Statistics (GASTAT).

Saudi Arabia's business sector operating revenues increased by 2.3 percent to SR5.628 trillion in 2025. Employee compensation rose by 6 percent to SR624.1 billion. The figures come from the General Authority for Statistics (GASTAT) in its Structural Business Statistics 2025 report.

Manufacturing accounted for the largest share of operating revenues at 30.5 percent. Wholesale and retail trade followed at 18 percent, and mining and quarrying at 16.6 percent. Construction contributed 9.2 percent of total operating revenues, ahead of financial and insurance activities at 4.8 percent and information and communication at 4.5 percent.

By annual growth in operating revenues, electricity, gas, steam and air conditioning supply led at 14.2 percent. Wholesale and retail trade grew 10.3 percent, real estate 10.1 percent and construction 9.8 percent. Total operating expenditures increased by 4 percent to SR2.462 trillion, with manufacturing taking the largest share at 40.1 percent and wholesale and retail trade 23.3 percent.

Employee compensation of SR624.1 billion grew 6 percent annually. Wages and salaries made up SR528.9 billion, or 84.8 percent, while benefits and allowances reached SR95.1 billion, or 15.2 percent.

Construction accounted for the largest share of business sector employees at 22.6 percent. Wholesale and retail trade followed at 22.2 percent and manufacturing at 18.7 percent. Construction and wholesale and retail trade together represented 44.8 percent of total business sector employment.

Gross fixed capital formation reached SR992 billion in 2025, up 0.4 percent annually. Manufacturing held the largest share at 22.8 percent, followed by wholesale and retail trade at 22.2 percent, mining and quarrying at 14.4 percent and construction at 12.1 percent. The business sector operating surplus stood at SR2.542 trillion, a slight annual decline of 0.1 percent, with mining and quarrying at 30.1 percent and manufacturing at 23.2 percent.

Why this mattersThe report does not break anything out for Madinah, but national construction revenue growth of 9.8 percent and real estate growth of 10.1 percent point to a busy market for design and delivery work. Construction employing 22.6 percent of business sector workers suggests a deep labour pool, yet compensation rising 6 percent is likely to keep pressure on contractor and supervision costs, so it is worth checking against current tender pricing. Capital formation growing only 0.4 percent overall suggests investment is selective, which makes well-prepared feasibility cases more important.

Key figuresSR5.628tn operating revenues (+2.3%) · SR624.1bn employee compensation (+6%) · construction 9.8% revenue growth · real estate 10.1% revenue growth · construction 22.6% of employees · SR992bn gross fixed capital formation (+0.4%) · construction 12.1% of capital formation · SR2.462tn operating expenditures (+4%)

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