With turnover of USD117 billion, Saudi Arabia accounts for 28.2% of the Middle East and North Africa total in 2023. The industry’s profitability decreases and stands at 3.6% of turnover in 2023, the 17th highest regionally. The costs of the industry increase by 4.7% in 2023, largely driven by rising labour costs. The total number of companies increases in 2023, to 366 units. The industry is fragmented, with the top five companies generating 48.3% of total production value in 2023. Ministry of Defense of Saudi Arabia is the largest company in Saudi Arabia, generating 47.3% of the industry’s total turnover value in 2023. Government drives market demand, with government spending representing 86.4% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Public Administration, Defence and Social Security in Saudi Arabia: ISIC 75. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Public Administration, Defence and Social Security in Saudi Arabia: ISIC 75 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Government and Membership Organizations is an aggregation of Public Administration, Defence and Social Security; Trade Unions, Professional, Political Organisations.
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