RIYADH — Crown Prince and Prime Minister Mohammed bin Salman said Saudi Arabia has demonstrated how national ambition can be transformed into tangible achievements after a decade of progress under Saudi Vision 2030.
In remarks published in the Vision 2030 Annual Report 2025 on Saturday, the Crown Prince said the Kingdom’s achievements were made possible through the determination of its people and the strength of its institutions.
“After a decade of progress under Vision 2030, our nation has shown how ambition can be turned into real results,” he said.
The Crown Prince added that the progress achieved in recent years requires building on current momentum, stepping up efforts and strengthening plans to sustain growth and continue improving the lives of citizens.
The annual report said Saudi Arabia has entered the third and final phase of Vision 2030 from a position of stronger institutional maturity, broader economic diversification and sustained implementation momentum.
According to the report, 93% of Vision 2030 key performance indicators met or exceeded annual targets in 2025, while 90% of initiatives were completed or on track. A total of 935 initiatives were completed and 225 were progressing as planned out of 1,290 initiatives.
The report said real GDP reached $1.31 trillion in 2025, while non-oil activities contributed 55% of GDP. Non-oil GDP grew 4.9% compared with 2024, highlighting the continued expansion of diversification efforts.
Tourism also remained a key growth driver, with the Kingdom recording 123 million tourists in 2025. Foreign direct investment inflows reached $35.5 billion, while more than 700 international companies established regional headquarters in Saudi Arabia.
The report said Phase 3 of Vision 2030 will focus on accelerating delivery, maximizing impact and sustaining long-term progress.
In 2016, Saudi Arabia launched Vision 2030 as a long-term national transformation strategy aimed at diversifying the economy, empowering citizens and reducing dependence on oil revenues.
Source: Saudi Gazette