How Saudi Arabia is Investing Billions to Drive Analysis, Innovation, and Improvement
Saudi Arabia’s spending on analysis and improvement (R&D) elevated by 30.4% in 2024, reaching SR29.48 billion, in comparison with 2023. The Common Authority for Statistics (GASTAT) launched the Analysis and Improvement Statistics 2024 report on Thursday.
Employment Development
The variety of individuals working in R&D elevated by 14.7%, reaching 56,593 staff.
The variety of researchers grew by 12.8%, totaling over 41,000 in 2024.
Funding Sources
🔹 Authorities sector funding: SR15.69 billion (53.2% of complete R&D funding)
🔹 Enterprise sector funding: SR12.1 billion (41.1%)
🔹 Greater training sector funding: SR1.69 billion (5.7%)
Employment by Sector
👉 Greater training sector: over 40,000 staff (71.3% of complete R&D workforce)
👉 Enterprise sector: over 12,000 staff (22%)
👉 Authorities sector: about 4,000 staff (6.7%)
Researchers by Sector and Gender
✅ Greater training sector: over 34,000 researchers (83.4% of complete)
🔘 72.6% male, 27.4% feminine
✅ Enterprise sector: about 4,800 researchers (11.6% of complete)
🔘 73.1% male, 26.9% feminine
✅ Authorities sector: over 2,000 researchers (5% of complete)
Objective of the Report
Yearly, GASTAT publishes the Analysis and Improvement Statistics. These statistics are essential indicators that present how a lot is being spent on R&D, how many individuals work on this area, and what number of researchers there are. The info assist help nationwide insurance policies, encourage innovation, and strengthen Saudi Arabia’s competitiveness.
