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Al-Sawah: Digital Economy at 522B

Al-Sawah: Digital Economy at 522B

The size of Saudi Arabia's digital economy has increased to 522 billion riyals, recording a growth of over 75%. Additionally, the number of tech jobs has reached approximately 410,000. The Minister of Communications and Information Technology clarified that the digital economy has become the main driver of the national economy, supported by the expansion of digital infrastructure and investments in modern technologies. There has also been a shift away from solely relying on usage toward developing and exporting technical solutions. This growth contributes 16% to the gross domestic product, with rising demand for specialized skills and a focus on enhancing technological innovation, in line with Saudi Vision 2030 goals.

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