Vision 2030

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vision 3030

The heart of the Arab
and Islamic worlds

The hub connecting
three continents

The investment
powerhouse

persons

Launched in 2016, Vision 2030 is Saudi Arabia’s blueprint for the future – the very heart of Saudi Arabia’s ambitious social, cultural, and economic transformation.

"My primary goal is to be an exemplary and leading nation in all aspects, and I will work with you in achieving this endeavor"

King Salman Bin Abdulaziz Al-Saud

Custodian of the Two Holy Mosques

"Our nation holds strong investment capabilities, which we will harness to stimulate our economy and diversify our revenues. We will improve the business environment, so that our economy grows and flourishes, driving healthier employment opportunities for citizens and long-term prosperity for all"

HRH Prince Mohammed bin Salman bin Abdulaziz

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Vision 2030’s
ambitious targets are
based on 3 pillars

A vibrant society

5.7% FDI contribution to GDP – up from a baseline of 3.8%

35% SME contribution to GDP - up from 20%

$1.07 trillion Public Investment Fund’s assets under management by 2025 - up from $160 billion

A thriving economy

15th largest world economy – up from the 19th position

65% private sector contribution to GDP - up from 40%

10th Global Competitiveness Index ranking - up from the 25th position

An ambitious nation

75% localization rate in oil and gas sectors - up from 40%

$267 billion non-oil government revenue - up from $43 billion