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The unemployment rate among Saudis fell to 7.1% in the second quarter of 2024, compared to 7.6% in the first quarter of 2024, according to the General Authority for Statistics’ (GASTAT) labor force survey.
According to data available since 1999, the unemployment rate hit an all-time low.
However, the employment-to-population ratio fell to 50.8% on a quarterly basis in Q2 2024. Saudi women’s employment also dropped to 35.4% in the same period.
Meanwhile, the overall unemployment rate among the working-age population reached 3.3% in Q2 2024, compared to 3.5% in Q1 2024.
The following table illustrates the changes in unemployment in Saudi Arabia:
|
Unemployment Rate in Saudi Arabia |
||
|
Period |
Unemployment rate |
Unemployment rate among Saudis |
|
Q1 2017 |
5.8 % |
12.7 % |
|
Q2 2017 |
6.0 % |
12.8 % |
|
Q3 2017 |
5.8 % |
12.8 % |
|
Q4 2017 |
6.0 % |
12.8 % |
|
Q1 2018 |
6.1 % |
12.9 % |
|
Q2 2018 |
6.0 % |
12.9% |
|
Q3 2018 |
6.0 % |
12.8% |
|
Q4 2018 |
6.0 % |
12.7% |
|
Q1 2019 |
5.7 % |
12.5% |
|
Q2 2019 |
5.6 % |
12.3 % |
|
Q3 2019 |
5.5 % |
12.0 % |
|
Q4 2019 |
5.7 % |
12.0 % |
|
Q1 2020 |
5.7 % |
11.8 % |
|
Q2 2020 |
9.0 % |
15.4 % |
|
Q3 2020 |
8.5 % |
14.9 % |
|
Q4 2020 |
7.4 % |
12.6 % |
|
Q1 2021 |
6.5 % |
11.7 % |
|
Q2 2021 |
6.6 % |
11.3 % |
|
Q3 2021 |
6.6 % |
11.3 % |
|
Q4 2021 |
6.9 % |
11.0 % |
|
Q1 2022 |
6.0 % |
10.1 % |
|
Q2 2022 |
5.8 % |
9.7 % |
|
Q3 2022 |
5.8 % |
9.9 % |
|
Q4 2022 |
4.8 % |
8.0 % |
|
Q1 2023* |
4.3 % |
8.7% |
|
Q2 2023* |
4.1% |
8.5% |
|
Q3 2023* |
4.2 % |
8.8% |
|
Q4 2023* |
3.4% |
7.8% |
|
Q1 2024 |
3.5% |
7.6% |
|
Q2 2024 |
3.3% |
7.1% |
Saudis accounted for 49.1% and 50% of the labor force in the public and private sectors, respectively. On the other hand, non-Saudis employed in the private sector made up 74.6%.
|
Employees by Nationality and Sector in Saudi Arabia |
|||
|
Sector |
Saudis |
Non-Saudis |
Total |
|
Public Sector |
49.1% |
2.7% |
19.0% |
|
Private Sector |
50.0% |
74.6% |
66.0% |
|
Other Sectors |
0.33% |
22.6% |
14.7% |
|
Unspecified |
0.53% |
0.20% |
0.32% |
|
Total |
100 % |
100 % |
100 % |
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