
ECONOMY
Both the country’s statistics oce and the International Monetary Fund struck an upbeat tone on its growth forecast as latest indicators show promise.
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Both the country’s statistics oce and the International Monetary Fund struck an upbeat tone on its growth forecast as latest indicators show promise.
Find out moreRenewable energy is steadily being integrated into the national power network to boost capacity and meet the Vision 2030 targets.
Find out moreInitiatives designed to boost the energy, mining, industry, and logistics sectors have been instrumental in propelling the country to even greater heights.
Find out moreStrategic investing locally and abroad has allowed the Public Investment Fund to create more riches and secure the country’s future.
Find out moreAppetite for exploring the kingdom’s rich mineral deposits has remained unabated, creating a multi-trillion-dollar industry with massive potential.
Find out moreIN THIS EDITION
Saudis under the age of 35 make up 69.4% of the country’s total population, while those in the 15 to 34 age group represent 35.9%, making the kingdom one of the nations in the world with the youngest population. In terms of gender distribution, it is nearly equal at 50.3% male and 49.7% female, according to latest data from the General Authority for Statistics. (GASTAT).
When including both Saudis and non-Saudis, individuals under 35 made up 61.4% of the total population. These figures highlight that Saudi Arabia has a young and dynamic population, positioning its youth as a key driver of the country’s future prosperity and national development.
The youth and rising affuence of the population would make it a more dynamic domestic economy with opportunities for real estate, tourism, telecommunications, and infrastructure. The government’s investment in education, which has regularly emerged as among the biggest beneficiaries of annual state budgets in the past several years, is also going to pay dividends.
A growing, economically active youth population drives demand for housing, transport, utilities, and smart-city solutions. This means large-scale investment in metro lines, airports, housing developments, and renewable-powered grids.
An increasing, well-trained youth population would also lower labour costs for investors while offering the skills needed for advanced manufacturing, technology, and renewable energy projects. This could make Saudi Arabia a magnet for companies seeking regional production hubs. A young population also fuels demand for entertainment, tourism, retail, and cultural experiences. For domestic and international investors, this means immediate market potential plus exportable Saudi creative content with global appeal.
Finally, such a population of young, tech-proficient Saudis can increase demand for IT, gaming, fintech, and AI services. This, coupled with government backing and financial support for several new sectors, make Saudi Arabia a high-tech investment hub.
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