The General Authority for Statistics announced an increase in the operating revenues of small and medium establishments (SMEs) by 5.8% during the year 2022, reaching 1.339 billion SAR compared to 1.265 billion SAR in 2021, an increase of 74 billion SAR . These findings are based on the publication of Small and Medium Establishments Statistics for 2022.

The publication also revealed that the value of operating expenses in SMEs reached 687.8 billion SAR in 2022, compared to 659.4 billion SAR in 2021, an increase of 28.3 billion SAR or 4.3% on an annual basis.

Furthermore, the results of the publication indicated an increase in employee compensation during 2022, amounting to 164.2 billion SAR compared to 155.7 billion SAR in 2021, an increase of 8.4 billion SAR or 5.4%.

It is worth noting that the statistics of small and medium establishments are important economic indicators that are regularly implemented and published to enhance the economic database and provide significant statistical indicators to understand the general trends of economic activities in SMEs. This is achieved by providing updated statistics on operating revenues, expenses, and employee compensation in these establishments.