Saudi Vision 2030 enters its final phase enjoying a position of institutional maturity, broader economic diversification and sustained implementation momentum. Its recently released annual report for 2025 revealed that 93% of key performance indicators either met or exceeded annual targets.
Phase Three Of Vision Will Focus On Accelerating Delivery
A total of 935 Saudi Vision 2030 initiatives were completed and 225 were progressing as planned out of 1,290 initiatives. Accordingly, all 309 Saudi Vision 2030 indicators also met or exceeded their interim targets while 2,200 reforms and measures were also delivered. The report said Phase 3 of Saudi Vision 2030 will focus on accelerating delivery, maximizing impact and sustaining long-term progress. Additional goals include expanding private sector participation and international cooperation.
In terms of economic results the Kingdom`s real GDP was recorded as SAR 4.91 trillion (USD 1.31 trillion) in 2025. Demonstrating its economic success, Saudi Vision 2030 non-oil initiatives contributed 55% of GDP which also grew 4.9% compared with 2024. The Kingdom also recorded its highest annual economic growth in three years at 4.5%. Private sector GDP hit 51%, up from 7% since the Vision`s launch, totalling SAR 2.48 trillion (USD 660.5 billion).
Foreign Direct Investment Inflows Increased Substantially
Foreign direct investment (FDI) inflows rose fivefold to SAR 133.12 billion (USD 35.5 billion) in 2025 compared to 2017. Meanwhile, over 700 international companies established regional headquarters in Saudi Arabia, up from 44 in 2021. Public Investment Fund’s assets increased nearly fivefold since launching the Saudi Vision 2030 to SAR 3.41 trillion (USD 909.7 billion).
The report also highlighted that total number of SMEs increased from 429,000 in 2016 to over 1.7 million in 2025. Tourism continued to expand, with visitor numbers rising to 123 million by 2025 end as spending reached a record SAR 304.12 billion (USD 81.1 billion). The Kingdom`s renewable energy generation capacity increased to 46 GW from 3 GW in six years.
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Soutien Group is a boutique advisory and consulting firm specialized in market entries business localization, expansion, relocation, business development and stakeholder management strategies across the Middle East, Central Asia and Africa. Our clients are corporate, private and international with an interest in exploring new markets.
We offer expertise in Company Formation Saudi, Market Research and Assessment Saudi, Saudi Business Case, Saudi Business Model Development, Feasibility Study and Business Plan Saudi, Organizational and Operational Structuring Saudi, Saudi Sponsorship and Partnership among others.
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