Saudi Arabia targets 127M tourists in 2025

27/11/2024 Argaam
The Kingdom of Saudi Arabia's flag

The Kingdom of Saudi Arabia's flag

 

Saudi Arabia's 2025 budget targets receiving 127 million tourists, with SAR 346.6 billion in tourism spending.

 

The Saudi Cabinet approved on Nov. 26 the state’s general budget for 2025, which includes SAR 1.285 trillion expenditures and SAR 1.184 trillion revenues, with an expected deficit of SAR 101 billion.

 

According to data available with Argaam, Saudi Arabia received 60 million tourists in H1 2024, who spent about SAR 150 billion, a 10% annual growth. Tourism income reached 5% of the Kingdom's economy in H1 2024.

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