Saudi non-profit sector revenue up at SAR 54.5B in 2023

The Kingdom of Saudi Arabia's flag

The non-profit sector organizations in Saudi Arabia reported a 33% year-on-year (YoY) in revenue to SAR 54.4 billion in 2023, according to the General Authority for Statistics (GASTAT).

The total sector expenditure also rose 33% YoY to SAR 47.02 billion, while employee compensation reached SAR 21.73 billion.

Non-Profit Sector Statistics (SAR bln)
Indicator	2022	2023	Change
Total Revenue	40.86	54.47	33%
Total Expenditure	35.37	47.02	33%
Employee Compensation	18.63	21.73	17%

The education and research sector came on top of peers in terms of revenue with about SAR 19.33 billion, a 35% leap YoY. Health took the second place with nearly SAR 14.13 billion in revenue.

Total Revenue by Non-Profit Sector Organizations for 2023 (SAR mln)
Non-Profit Organizations Activities	Total Revenue for 2023	% of Total
Education and Research	19325.00	35%
Health	14132.19	26%
Social Services	7871.32	14%
Culture and Entertainment	5253.10	10%
Development and Housing	2655.84	5%
Business Associations, Unions and Societies	1751.63	3%
Religious	1747.82	3%
Unclassified	663.65	1%
Law, Da’wa and politics	625.93	%
Volunteer Brokerage and Promotion Activities	258.93	0.5%
Environment	180.79	0.3%
Total	54466.21	100%

By spending, health was first with about SAR 14.89 billion, or 32% of total expenditure. It was followed by education and research (nearly SAR 11.54 billion).

Total Expenditure by Non-Profit Sector Organizations for 2023 (SAR mln)
Non-Profit Organizations Activities	Total Expenditure for 2023	% of Total
Health	14877.35	32%
Education and Research	11535.29	25%
Social Services	6798.67	14%
Culture and Entertainment	6714.65	14%
Development and Housing	2206.30	5%
Religious	2035.60	4%
Business Associations, Unions and Societies	1334.90	3%
Unclassified	648.30	1%
Law, Da’wa and politics	519.19	1%
Volunteer Brokerage and Promotion Activities	189.06	0.4%
Environment	164.97	0.4%
Total	47024.29	100%

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Most Read

Market Indices

Popular Links

Quick Links

About Us

Join Us

Follow Us