Saudi Press

Saudi Arabia and the world
Sunday, Jan 19, 2025

Thanks to Vision 2030, Saudi Arabia made remarkable strides in 2022

Thanks to Vision 2030, Saudi Arabia made remarkable strides in 2022

Saudi Arabia’s Vision 2030 represents the largest ambitious national plan for transformation in terms of social and economic reforms.
This is based on the Kingdom’s ancient history, authentic culture, strategic location, economic strength, ambitious people, and enormous potential to achieve social and economic transformation that the world sees and is affected by.

The year 2022 witnessed unprecedented achievements for Saudi Arabia at all levels. The Kingdom achieved record high growth in gross domestic product (GDP), made great strides in building a healthy lifestyle, in addition to enhancing the quality of life, providing the best educational opportunities and health services, apart from increasing the ratio of women in the labor market.

The Vision’s initiatives also enabled the expansion of renewable energy projects, strengthened the Kingdom’s pioneering role in addressing global climate challenges, and empowered research, development and innovation with investments in the sector at an accelerated pace.

Saudi Vision 2030 enabled the transformation of a dream into a reality. The Kingdom is witnessing historic transformation, significant economic growth, and greater connectivity with the world, while promoting sustainable future full of opportunities for all.

The Vision represents a journey toward a future full of opportunities for the Kingdom’s ambitious and creative youth. The year 2023 also represents as the year in which the journey of transformation reached its middle path.

Since the launch of the Kingdom’s Vision in 2016, Saudi Arabia has witnessed an unprecedented historical transformation and remarkable growth that supports the goal of the Vision, which lies in building a prosperous and promising future, through achieving economic growth and improving the quality of life.

The Kingdom’s transformation journey started — passing through three stations. The first station focused on changing the mental image, enhancing efficiency, and laying the foundations with the empowerment of the government, as it had a major role in policies and implementation. The Kingdom reaped many of the fruits of that station.

The Kingdom is now at the second stop. It can maximize the impact of the Vision, and move to the third phase, which will focus on continuity and achieving sustainable results.

Through the Vision, the Kingdom brought about more than 70 reforms for the private sector to ensure citizens benefit from a more open and prosperous economic future. The Vision 2030 is an engine for reform by embedding sustainability at its core. The Kingdom is keen to inculcate sustainable practices since the beginning of its journey. The Vision also established economic enablers to accelerate growth and stimulate promising sectors.

The remarkable achievements that have been made over the past seven years were a stimulus for the Vision to provide more opportunities for citizens in the future.

Notable achievements

• Rapid improvements that support women’s participation which doubled their number in the Saudi workforce since the launch of the Vision in 2016.

• Saudi Aabia was recorded as the fastest growing economy among the G20 countries in 2022.

• The number of small and medium enterprises (SMEs) has doubled since 2016.

• Saudi Arabia’s unemployment rate is at its lowest level since 2016.

• The e-visa for international tourists has been launched.

• Non-oil government revenues have increased more than two times since 2016.

• The World Bank recognized Saudi Arabia as the best reformer in the field of women’s empowerment.

• The home ownership rate increased by more than 13 percent, and at present more than 60 percent of Saudis own their homes.

• An ambitious target has been set to reach zero carbon emissions by 2060.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
California Wildfires Set to Become Costliest in U.S. History
U.S. Military Assistance to Israel Surges to $22 Billion in Wake of October 7 Events
Military Appeals Court Upholds 9/11 Plea Deals, Limiting Defense Secretary's Authority
Taliban Imposes New Law: Blocking Windows to Prevent Visibility of Women
Afghanistan has announced war against Pakistan following reports that Pakistani airstrikes killed more than 46 civilians.
Answering incorrectly to the question 'Are you Alawi or Sunni?' in Syria these days could be detrimental to your well-being.
Israeli Military Operations in Gaza, Netanyahu's Corruption Trial, and Global Political Shifts: A Complex Interplay of Geopolitical and Economic Dynamics
Global Developments: Vaccine Controversy, Syrian Rebuilding, Natural Disasters, and Escalating Geopolitical Tensions
Israel's Strategic Maneuvers and U.S. Legal Actions Amidst Syria's Political Upheaval
Global Military Shifts, Gender Inequality, and Economic Alliances: Key Developments in the Post-Assad Era
International Condemnation and Mediation Efforts in Response to Israeli Actions in the Golan Heights Amid Middle Eastern Tensions
Global Tensions and Efforts for Peace: Cross-Cultural Dialogues, Regional Conflicts, and International Diplomacy
Saudi Arabia's Expanding Global Influence: From Water Management Leadership to Cultural and Economic Partnerships
Global Diplomatic Advances: Expanding Judicial, Human Rights, and Geopolitical Partnerships in the Middle East and Beyond
Strengthening UK-Gulf Relations and Addressing Global Challenges: A Diplomatic Overview
Cultural Heritage, Political Change, and Economic Growth: Key Developments Across the Middle East
Key Developments in Middle East Relations, Judicial Reforms, and Energy Partnerships Highlight Saudi Arabia's Vision 2030 Ambitions
Economic Growth and Innovation Drive Middle Eastern Developments: A Look at Egypt's Treasury Bill Success, Saudi Arabia's Expanding US Relations, Sustainability Initiatives, and Vision 2030 Achievements
UK Considers Delisting HTS Amid Complex Regional Dynamics and Global Security Implications
Global Developments: Saudi Arabia Embraces Cashless Innovation, Syria's Human Rights Struggles, Trump's Controversial Plans, Ghana's Leadership Shift, South Korea's Political Crisis, and Saudi-Japan Economic Partnership
Political Turmoil and Economic Ambitions: Macron's Coalition Efforts, MENA Startup Surge, and Global Initiatives in Integration and Innovation
Turkiye Advocates for Syrian Unity Amid Regional Turmoil; Israeli-Lebanese Tensions and Iran's Strategic Moves Highlight Middle Eastern Shifts
Kanlaon Volcano Erupts in the Philippines and Disrupts in the Middle East: Political Shifts, Oil Market Ripples, and Regional Instability
Global Turmoil: Taiwan Enhances Defenses, Indian Schools Face Bomb Hoaxes, and Middle East Conflicts Escalate
Global Political Shifts: From Trump's Strategic Appointments to Middle Eastern Power Realignments
Escalating Conflicts and Strategic Shifts Across the Middle East and North Africa
Syria's Historic Transition: The Fall of Assad and New Geopolitical Dynamics
Global Shifts: Saudi-UK Trade Goals, Syrian Regime Change, and U.S. Post-Assad Strategy
Saudi Arabia's Multi-Faceted Strategy: Embracing Sustainability, Tourism Excellence, and Regional Stability
Saudi Arabia Advances Transparency and Partnerships in Vision 2030 Push
Saudi Arabia Navigates Post-Assad Syria, Fossil Discoveries, and Economic Growth Amidst Regional Turmoil
Geopolitical Maneuvers and Sustainable Developments: Israel's Buffer Zone Tactics, Saudi Arabia's Vision 2030 Innovations, and Egypt's Aviation Advancements
NASA's Artemis II Delayed to 2026, While Saudi Arabia Advances Cultural and Humanitarian Initiatives
Key Global Developments: Saudi Oil Price Adjustments, Surging Makkah Tourism, Syrian Conflict Shifts, and Saudi Pro League Highlights
Global Shifts: Diplomatic Talks, Economic Growth, and Regional Upheavals Reshape the Geopolitical Landscape
Insurgents Enter Damascus as Assad's Regime Faces Historic Collapse
Global Political Shifts: Defense Enhancements, Diplomatic Missions, and Civic Engagement Initiatives
Diplomatic Efforts Highlight Regional Tensions and Cooperation at IISS Manama Dialogue Amidst Humanitarian and Natural Crises
From Gulf Diplomacy to Global Resilience: Key Developments Shaping Regional and International Landscapes
Saudi Arabia Intensifies Immigration Control, Strengthens Diplomatic and Cultural Engagements
Global Political Tensions and Ambitious Developments Amid Regional Security Challenges
Philippines Celebrates Extensive Christmas Season; Saudi Innovations in Maritime Safety, Tourism, and Global Diplomacy; Healthcare Advancements and Regional Tensions Also Spotlighted
PIA Returns to European Skies Amid Saudi Arabia's Vision 2030 and COP16 Initiatives
Global Tensions Rise: Strategic Wins, Diplomatic Strains, and Humanitarian Crises Test Resilience
Global Political Turmoil and Humanitarian Efforts: A Snapshot of International Developments
Tensions and Triumphs: A Global Overview of Diplomatic Efforts, Geological Risks, Corporate Security, Military DEI Debates, Middle Eastern Conflicts, and Notre Dame's Resilient Reopening
Global Developments: Ghana's Election, UK's Smuggling Crackdown, Syrian Conflict Escalation, and US Supreme Court's Jurisdictional Case
Global Conflicts and Humanitarian Crises: A Snapshot of Recent International Developments
Saudi Arabia's Innovations in Marine Science, Arts, Film, Technology, Volunteerism, and Medical Education
Iran's Space Launch Fuels Western Concerns Amid Global Political Unrest
×