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

27/12/2024 Argaam Special
The Kingdom of Saudi Arabia's flag

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%

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