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GASTAT: Digital Economy accounts for 15.6% of Saudi Arabia’s GDP

25-05-2025

The General Authority for Statistics (GASTAT) revealed that the digital economy’s share of the Gross Domestic Product (GDP) increased to 15.6%, marking a 1.6% rise compared to 2022. This is according to the results of the 2023 Digital Economy Statistics Publication, issued today.
The publication indicated that imports of information and communications technology (ICT) goods recorded a notable increase, reaching SAR 54.9 billion in 2023 compared to SAR 45.8 billion in 2022, an increase of 19.9%. Conversely, exports and re-exports of the same technologies grew by 76.1%, rising from SAR 6.7 billion to SAR 11.8 billion during the same period.
The publication further highlighted that 71.6% of internet-connected establishments are leveraging smart devices or internet-enabled systems. These include advanced technologies such as smart alarm systems, smart meters, smart lighting, and surveillance cameras. 
From a financial perspective, the ICT sector reported substantial performance in 2023, with operating revenues reaching approximately SAR 236.4 billion. Operating expenditure stood at SAR 115.4 billion, while total employee compensation amounted to SAR 27.5 billion.
In terms of digital economy stratification, the core level, which comprises enterprises engaged in the direct production of ICT goods and services, contributed 2.6% to GDP. The narrow level, which includes businesses that depend primarily on digital inputs for their operations, accounted for 2.3%. Most notably, the broad level, representing entities that utilize digital technologies to substantially enhance their products and services, contributed 10.7%. 
It is worth noting that this survey is based on international standards outlined in the Handbook on Measuring Digital Economy Statistics issued by the United Nations Conference on Trade and Development (UNCTAD), ensuring the international comparability of the indicators published by the Kingdom.

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