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“GASTAT” Digital economy’s share of Saudi Arabia’s GDP reaches 16.0% in 2024

31-12-2025

Results of the Digital Economy Survey 2024 indicated an increase in the digital economy’s share in Saudi Arabia’s GDP, reaching 16.0% compared to 15.6% in 2023, an increase of 0.4 percentage points. According to the digital economy classifications, the core digital economy contributed 2.7%, while the narrow digital economy accounted for 2.4%. The broad digital economy represented the largest share, amounting to 10.9% of GDP.
Publication’s results indicated that the operating revenues of the Information and Communications Technology (ICT) sector reached SAR 249.8 billion in 2024. Telecommunications activities recorded the highest revenues, amounting to SAR 133.9 billion, followed by computer programming activities with revenues of SAR 31.1 billion.
Operating expenditures for the sector totaled SAR 122.2 billion, while employee compensation reached SAR 29.2 billion. Telecommunications activities also ranked first in this category, with compensation amounting to SAR 16.1 billion.
In terms of foreign trade, the results indicated an increase in imports of Information and Communications Technology (ICT) goods from SAR 54.9 billion in 2023 to SAR 67.9 billion in 2024, representing a growth rate of 23.5%. Telecommunications equipment accounted for the largest share of these imports, with a value of SAR 36.8 billion.
Meanwhile, the value of exports and re-exports of ICT goods rose significantly, reaching SAR 25.8 billion in 2024 compared to SAR 11.8 billion in 2023, reflecting a growth rate of 118%
It is noteworthy that Digital Economy Statistics are based on a unified methodological framework that follows the Statistical Business Process Model and adheres to the international standards outlined in the Handbook on Measuring the Digital Economy issued by the United Nations Conference on Trade and Development (UNCTAD, 2020). The methodology is also aligned with the G20 roadmap for measuring the digital economy. The digital economy is classified into three levels: core, narrow, and broad according to the nature of economic activities and the extent of their reliance on digital inputs.
 

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