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  2. Kingdom strengthens national data systems, climbs 22 places in global ranking

Kingdom strengthens national data systems, climbs 22 places in global ranking

GHADA.ISMAIL
Apr 28, 2025
Faisal Al-Ibrahim stresses importance of data transparency and innovation in accelerating economic and social reforms

Riyadh – Sharikat Mubasher: Faisal Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning and Chairman of the General Authority for Statistics, emphasized the vital role of transparency in supporting evidence-based decision-making.

Speaking at the first Saudi Statistics Forum on Sunday, held as the Kingdom marks 65 years of official statistical work, Al-Ibrahim noted that the need for accurate data has become even more pressing amid global challenges and crises.

He highlighted the progress of Saudi Arabia’s statistical sector, which has evolved over six decades to reach a new level of maturity, marked by improved data quality and statistical precision.

Thanks to strong government backing, Saudi Arabia now ranks first among Arab countries in the Statistical Performance Index, climbing 22 places globally in 2023. Al-Ibrahim said this achievement reflects the Kingdom's commitment to advancing the quality and reliability of its economic, social, and environmental indicators, making its data a trusted resource for policymakers.

He underlined the government’s ongoing efforts to further develop data platforms, boost digital transformation, and leverage administrative data, artificial intelligence, and modern technologies to improve efficiency, indicator accuracy, and access to information.

Al-Ibrahim also noted that Saudi Arabia is increasingly emerging as a global platform to showcase its statistical achievements and share its success stories with the international community, contributing to faster development and a greater positive impact both locally and internationally.

The minister added that Saudi Arabia is making steady progress toward the goals of Vision 2030, achieving qualitative milestones while building influential institutions and sustainable capabilities.

He concluded by announcing that Saudi Arabia, represented by the General Authority for Statistics, will host the Sixth United Nations World Data Forum in Riyadh in November 2026. This milestone, he said, reflects the Kingdom’s growing leadership in the field of statistics and its commitment to aligning with global economic transformations while playing a central role in shaping future international dialogues.

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Riyadh - Sharikat Mubasher: Saudi Arabia’s digital economy has experienced rapid growth in recent years, triggered by sustained investment in infrastructure and the adoption of advanced technologies.According to the Vision 2030 Annual Report 2025, the digital economy contributed 15.8% to the national gross domestic product (GDP) in 2025, while the information and communications technology (ICT) market reached SAR 199 billion ($53 billion).To support innovation and startups in the technology sector, the Kingdom launched more than 500 programs and initiatives, notably the National Technology Development Program (NTDP), The Garage, and the Digital Entrepreneurship Center (CODE).In 2025, NTDP allocated SAR 2.5 billion ($670 million) to back startups, supporting more than 3,000 companies and benefiting over 3,500 male and female entrepreneurs. NTDP-supported startups successfully secured SAR 9 billion in venture capital in 2025, creating more than 20,000 jobs. The program has also helped establish more than 1,050 technology startups over the past four years.The Garage achieved more than SAR 3.7 billion in startup valuations over the past two years, graduating over 600 startups, which created over 7,500 jobs.The report showed that over SAR 477 million has been invested in CODE startups across 60 investment rounds. The center also supported more than 800 startups and over 16,000 beneficiaries.These figures reinforce Saudi Arabia’s position as one of the largest and fastest-growing digital markets in the region. They also reflect the central role of the technology sector in non-oil economic growth, attracting global technology companies and strengthening international partnerships.
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