Business sector’s operating revenues reach SAR 5.1 trln in 2022: GASTAT

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The business sector reported a 24% rise year-on-year (YoY) in operating revenues to SAR 5.07 trillion in 2022. Operating revenues are the cash revenues generated from core or other sub-activities, according to the General Authority for Statistics (GASTAT).

The business sector maintained successive growth rates during 2021 and 2022, as positive performance signals appeared clearly in various business activities.

During 2022, mining and quarrying activities topped by revenue of SAR 1.48 trillion.

Manufacturing activities came second, recording nearly SAR 1.42 trillion revenues, followed by the wholesale and retail trade (SAR 757.18 billion).

Operating Revenues by Business Activity & Size for 2022 (SAR bln)
Activity	MSMEs	Large Enterprises	Total
Mining and Quarrying	6.11	1475.07	1481.18
Manufacturing Industry	267.73	1149.11	1416.84
Wholesale and Retail Trade	515.75	241.44	757.18
Construction	180.26	163.16	343.43
Financial and Insurance Activities	63.07	165.83	228.90
Information and Communication	13.18	175.31	188.49
Transportation and Storage	48.39	93.85	142.25
Accommodation and Food	79.51	47.17	126.68
Electricity & Gas	9.78	80.12	89.90
Administrative Support Services	37.91	29.87	67.78
Health and Social Work	31.09	45.47	76.56
Professional Activities	29.48	15.28	44.76
Real Estate Activities	6.52	20.77	27.29
Education	12.42	11.36	23.78
Water and Sewage	3.36	12.48	15.84
Arts and Entertainment	8.06	0.88	8.94
Other Services	26.86	3.49	30.35
Total	1339.50	3730.67	5070.16

Employees’ compensation increased by 6% YoY to reach SAR 413.34 billion in 2022.

Manufacturing activities, wholesale and retail trade activities, and construction activities took precedence over other business activities in terms of compensation value.

The following table shows employees’ compensation by business activity and size for 2022:

Employees’ Compensations by Business Activity & Size for 2022 (SAR bln)
Business Activity	MSMEs	Large Enterprises	Total
Manufacturing Industries	27.24	59.47	86.71
Wholesale and Retail Trade	45.48	18.78	64.27
Construction	27.55	24.93	52.48
Mining and Quarrying	0.46	44.96	45.42
Financial and Insurance Activities	8.37	23.00	31.37
Transportation and Storage	8.36	13.89	22.24
Information and communication	1.64	18.07	19.71
Health & Social Work Activities	7.22	11.03	18.26
Accommodation & Food	11.36	4.93	16.29
Administrative Support Services	7.78	7.33	15.11
Electricity and Gas	1.74	9.57	11.32
Professional Activities	5.61	2.62	8.23
Education	4.08	3.42	7.49
Real Estate Activities	1.56	4.61	6.17
Water and Sewage	0.50	1.46	1.95
Art and Entertainment	0.94	0.16	1.10
Other Services	4.36	0.86	5.22
Total	164.25	249.10	413.34

The number of employees by business activity, as per GASTAT, reached 9.07 million in 2022.

The construction activity accounted for the largest number of workers with 27%, or 2.46 million. It was followed by the wholesale and retail trade (1.63 million) and administrative support services (1.17 million).

Number of Employees by Business Activity in 2022
Business Activity	Number (‘000 employees)	Percentage of Total
Construction	2460.23	27.1 %
Wholesale and Retail Trade	1626.05	17.9 %
Administrative Support Services	1175.28	13.0 %
Manufacturing Industries	1033.93	11.4 %
Accommodation and Food	675.15	7.4 %
Health and Social Work Activities	440.40	4.9 %
Transportation and Storage	439.57	4.8 %
Mining and Quarrying	213.69	2.4 %
Education	180.69	2.0 %
Professional Activities	141.82	1.6 %
Information and Communication	123.33	1.4 %
Water and Sewage	106.56	1.2 %
Financial and Insurance Activities	91.29	1.0 %
Real Estate Activities	54.63	0.6 %
Electricity and Gas	39.39	0.4 %
Arts and Entertainment	32.34	0.4 %
Other Services	237.96	2.6 %
Total	9072.30	100.0 %

Details and Historical Data for Macro Economy

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