RIYADH, Saudi Arabia — The Saudi digital economy reached 15.6% of GDP in 2023, rising from 14% in 2022. The data, published by the General Authority for Statistics, shows how fast technology is reshaping the country’s economy.

Imports and Exports Jump Sharply

Saudi imports of tech-related goods climbed to SAR 54.9 billion, up 19.9% from the previous year. At the same time, exports and re-exports rose 76.1%, moving from SAR 6.7 billion to SAR 11.8 billion.

These figures point to a sharp increase in digital trade activity.

Wider Use of Smart Systems in Business

Smart technology is now common in Saudi workplaces. The report shows that 71.6% of internet-connected companies use connected systems. These include smart meters, lighting controls, cameras, and alarms.

As a result, tech adoption continues to expand across business sectors.

ICT Revenues, Costs, and Salaries

In 2023, the tech sector posted SAR 236.4 billion in operating income. It also reported SAR 115.4 billion in operating costs. Worker compensation came in at SAR 27.5 billion, showing growing job opportunities in the sector.

Breakdown of the Digital Economy

Saudi Arabia tracks tech’s economic impact using three layers:

  • The core layer made up 2.6% of GDP. It includes firms that build technology products and offer related services.
  • The narrow layer added 2.3%. These are businesses that rely heavily on digital tools.
  • The broad layer contributed 10.7%. This group uses technology to improve service delivery or efficiency.

Each layer shows a different level of digital reliance.

Aligned With Global Reporting Standards

Saudi Arabia follows the UNCTAD framework to measure its tech economy. This method ensures the numbers can be compared internationally.

Saudi Digital Economy Powers Vision 2030

The growing role of the Saudi digital economy supports the goals of Vision 2030. More private companies now use tech to expand, improve performance, and reduce costs. Meanwhile, the public sector continues to invest in infrastructure and smart systems.

Together, these moves reflect the Kingdom’s shift toward a more modern, connected economy.