GASTAT: Number of Saudi Workers Working at Private Establishments Rose to 5.7%

On Wednesday 29/2/1440 H corresponding to 7/11/2018 , GASTAT released the results of the “Economic Indicators Survey (Q2, 2018)” on its official website www.stats.gov.sa . The results provide short-term indicators about the number of workers by gender and nationality as well as the paid compensations, operating expenses and operating revenues as a periodical study that focuses on the features and the components of the working institutions practicing one economic activity or several economic activities in public and private sectors.  

The results of the survey showed that the total number of workers working at private establishments increased by 3.6% compared to the same quarter of 2017. It also showed an increase of 5.7% in the total number of Saudi workers working at private establishments compared to the same quarter of 2017.   

In addition, the total paid compensations of workers working at private establishments rose to 8.9% compared to the same quarter of 2017, results showed.
According to the survey’s results, the total operating expenses of private establishments increased by 10.2% compared to the same quarter of 2017. The total operating revenues of private establishments also increased by 9.9% compared to the same quarter of 2017. 
Economic indicators are a set of economic statistics and data which can be used as a short-term plan to measure the performance of the various economic sectors in order to evaluate the economic situation and to identify the strengths and weaknesses of economy.