Saudi business sector reports SAR 4.08 trln operating revenue in 2021: GASTAT

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Operating revenue of Saudi Arabia’s business sector increased 26% year-on-year (YoY) to SAR 4.08 trillion in 2021, according to data by the General Authority for Statistics (GASTAT).

These results reflected the recovery of the business sector from the multi-dimensional COVID-related repercussions on economic activities. This supported a rebound to exceed the pre-pandemic levels in 2019, while overcoming challenges faced in 2020.

Manufacturing industries were the top revenue-generating activities in 2021, recording SAR 1.10 trillion. Mining and quarrying followed with over SAR 909 billion, while wholesale and retail came next, as indicated below:

Operating Revenue by Business Activity in 2021 (SAR bln)
Business Activity	MSMEs	Large Enterprises	Total
Mining and Quarrying	5.88	903.15	909.05
Manufacturing Industries	242.37	861.36	1103.73
Electricity and Gas	9.49	77.87	87.36
Water and Drainage	3.24	11.91	15.15
Construction	171.15	159.08	330.23
Wholesale and Retail	498.26	221.37	719.63
Transportation and Storage	45.14	92.08	137.22
Accommodation and Food	76.22	45.21	121.44
Information and Telecommunication	12.46	169.25	181.71
Money and Insurance	58.66	155.75	214.41
Real Estate	5.59	19.11	24.70
Professional Activities	26.65	13.64	40.29
Administrative Support Services	35.33	26.78	62.11
Education	12.13	11.15	23.28
Human Health and Social Work Activities	30.28	43.75	74.03
Art and Entertainment	7.73	0.84	8.57
Other Services	24.87	3.40	28.27
Total	1265.47	2815.79	4081.18

Employee compensations increased by 12% YoY to SAR 388.4 billion in 2021.

Manufacturing industries, wholesale and retail, and construction activities recorded the highest employee compensations, compared to other business segments, as follows:

Employee Compensations by Business Activity in 2021 (SAR bln)
Business Activity	MSMEs	Large Enterprises	Total
Mining and Quarrying	0.45	40.16	40.61
Manufacturing Industries	25.06	54.52	79.57
Electricity and Gas	1.69	9.76	11.46
Water and Drainage	0.48	1.42	1.90
Construction	26.11	23.57	49.68
Wholesale and Retail	43.45	16.68	60.12
Transportation and Storage	8.07	13.69	21.76
Accommodation and Food	10.84	4.81	15.65
Information and Telecommunication	1.61	17.60	19.21
Money and Insurance	7.77	21.50	29.27
Real Estate	1.45	4.41	5.87
Professional Activities	5.30	2.40	7.69
Administrative Support Services	7.25	6.89	14.14
Education	4.00	3.36	7.36
Human Health and Social Work Activities	7.18	10.91	18.09
Art and Entertainment	0.90	0.16	1.06
Other Services	4.17	0.85	5.02
Total	155.78	232.69	388.47

The number of employees by business activity, as per GASTAT, reached 7.98 million by the end of 2021.

Construction activities dominated the largest number of workers at 26%, or 2.06 million. It was followed by wholesale and retail (1.8 million) and administrative support services.

Number of Employees by Business Activity in 2021
Business Activity	Number (‘000 employees)
Construction	2058.44
Wholesale and Retail	1790.88
Administrative Support Services	977.74
Manufacturing Industries	852.93
Accommodation and Food	555.30
Human Health and Social Work Activities	470.35
Transportation and Storage	281.06
Mining and Quarrying	176.65
Education	140.90
Professional Activities	138.16
Information and Telecommunication	82.15
Electricity and Gas	78.13
Money and Insurance	77.92
Real Estate	39.30
Art and Entertainment	29.99
Water and Drainage	23.85
Other Services	209.99
Total	7983.74

Details and historical data for macroeconomic

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