{"id":98916,"date":"2025-07-21T00:00:00","date_gmt":"2025-07-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/21\/nidlp-sectors-add-sar-986-bn-to-gdp-in-2024\/"},"modified":"2025-07-21T00:00:00","modified_gmt":"2025-07-21T00:00:00","slug":"nidlp-sectors-add-sar-986-bn-to-gdp-in-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/21\/nidlp-sectors-add-sar-986-bn-to-gdp-in-2024\/","title":{"rendered":"NIDLP sectors add SAR 986 bn to GDP in 2024"},"content":{"rendered":"

<\/strong>NIDLP sector<\/strong>s contributed 39% of our non-oil GDP: <\/strong>The National Industrial Development and Logistics Program\u2019s (NIDLP) sectors added SAR 986 bn to the Kingdom\u2019s GDP in 2024, representing 39% of the non-oil GDP, according to the program\u2019s latest report (pdf)<\/a>. The non-oil sector accounted for about 55% of the Kingdom\u2019s real GDP during the year. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

The breakdown: <\/strong>Non-oil exports climbed 13.2% y-o-y to SAR 514 bn last year, backed by a record 42% increase in re-exports to SAR 90 bn, a 14% rise in exported services to SAR 207 bn, and a 4% increment in exported goods to SAR 217 bn. Exports of machinery and electrical equipment saw the largest y-o-y growth at 81%, recording SAR 42.9 bn, while exports of chemical products made the largest contribution at SAR 78.5 bn, despite a 2% y-o-y dip in growth.<\/p>\n

More jobs came in: <\/strong>The NIDLP supported the creation of over 508k jobs, pushing total employment across NIDLP sectors to 2.4 mn and integrating some 81k Saudis \u2014 42k men and 39k women \u2014 into the labor force.<\/p>\n

ALSO- Industrial cities and special zones received a cumulative of SAR 1.4 tn in <\/strong>government<\/strong> investments last year<\/strong>, with the program also pulling in some SAR 665 bn in private investments. The Saudi Industrial Development Fund approved SAR 198 bn in cumulative loans by the end of 2024, while the Saudi Export-Import Bank (Saudi Exim) extended SAR 69.1 bn in cumulative credit over the same period.<\/p>\n

ICYMI-<\/strong> Investments in sectors under the NIDLP were projected to hit SAR 600 bn by the end of<\/a>2024<\/a>, up from SAR 524 bn a year earlier, with aspirations to reach SAR 1 tn by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

Non-oil exports climbed 13.2% y-o-y to SAR 514 bn in 2024<\/p>\n","protected":false},"author":1,"featured_media":98917,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2571],"tags":[27,10,238,50,3257],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam-ksa","tag-logistics","tag-mining","tag-national-industrial-development-and-logistics-program-nidlp","wpautop","entry"],"acf":{"mongo_id":"2bfb9e46-420a-43a5-ba0f-827456334645","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1810.jpg","photo_position":"above","homepage_title":"","full_issue_title":"NIDLP sectors contribute 39% of non-oil GDP in 2024 at SAR 986 bn","related_issue":[98901],"teaser":"Non-oil exports climbed 13.2% y-o-y to SAR 514 bn in 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.43cdc54a-cbf6-4dd9-8417-6640590d4cc5.mp3"},"yoast_head":"\nNIDLP sectors add SAR 986 bn to GDP in 2024 - 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