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The rate of localization in private sector facilities rose to 21.81% of total workforce in the fourth quarter of 2020, compared to 20.90% in the same quarter a year earlier, data from the Human Resources Development Fund’s (Hadaf) National Labor Observatory showed.
Localization Rate in Private Sector Facilities |
|
Period |
Localization Rate |
2015 |
17.00% |
2016 |
16.47% |
2017 |
18.37% |
2018 |
19.81% |
2019 |
20.90% |
2020 |
21.81% |
According to the National Labor Observatory, the number of Saudi private sector subscribers in social insurance amounted to 1.75 million in Q4 2020, including 65.6% males and 34.4% female.
The Eastern Province ranked first in localization of jobs with 25.3%, followed by Riyadh (22.5%), Makkah (21.4%), Madinah (19.2%), and Asir (17.6%).
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