UN Tourism and WTTC Laud Saudi Arabia for Receiving over 100 Million Tourists in 2023

The Kingdom has achieved this milestone seven years ahead of the initial goal, the Saudi Ministry of Tourism said
The Kingdom has achieved this milestone seven years ahead of the initial goal, the Saudi Ministry of Tourism said
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UN Tourism and WTTC Laud Saudi Arabia for Receiving over 100 Million Tourists in 2023

The Kingdom has achieved this milestone seven years ahead of the initial goal, the Saudi Ministry of Tourism said
The Kingdom has achieved this milestone seven years ahead of the initial goal, the Saudi Ministry of Tourism said

Saudi Arabia has received international recognition and praise from UN Tourism and the World Travel & Tourism Council for the "remarkable achievement" of receiving over 100 million tourists in 2023, according to a statement issued today by the Saudi Ministry of Tourism.
This accomplishment, the statement said, significantly surpassed the target set for 2030, positioning Saudi Arabia as "an emerging global tourism powerhouse.”
According to the ministry, the Kingdom has achieved this milestone seven years ahead of the initial goal, according to the latest data. Motivated by this success, the Kingdom has now set a new ambitious target of welcoming 150 million tourists by 2030.
Tourism has proved to be a significant contributor to the nation’s economy, with domestic and international tourists spending over SAR250 billion in 2023. This expenditure represents over 4% of GDP and 7% of the non-oil GDP, and reflects the crucial role played by tourism in diversifying Saudi Arabia's economy.
Tourism Minister Ahmed Al Khateeb said that this announcement demonstrates the scale of the Kingdom's transformation since the National Tourism Strategy was launched five years ago.
"Tourism is a key pillar in the nation’s economic transformation under Vision 2030, creating jobs and revenue for the Kingdom," he said. "We thank both UN Tourism and WTTC as valued partners in our journey for their shared commitment to a sustainable and prosperous tourism sector.”
Al Khateeb said the tourism sector operates in line with the national tourism strategy, developing diverse tourist destinations. The aim, he said, is to enrich the tourists’ experience, diversify options for both local and international visitors, and improve hospitality facilities along with other services provided.
"We are committed to aligning with top-tier international experiences and practices. This approach contributes to shaping a prosperous future for our tourism industry, improving the quality of life, and bolstering the Kingdom's position on the global tourism map," said the minister.
According to the statement, the tourism sector in the Kingdom has made significant leaps, with the total number of tourists, both domestic and international, reaching 106.2 million in 2023. This represents a remarkable 56% increase over 2019 and a substantial 12% surge over 2022.
International tourists numbered 27.4 million, a substantial 56% increase over 2019 and an impressive 65% rise compared to 2022.



Saudi Non-Oil Exports Hit Two-Year High

The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)
The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)
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Saudi Non-Oil Exports Hit Two-Year High

The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)
The King Abdulaziz Port in Dammam, eastern Saudi Arabia. (“Mawani” port authority)

Saudi Arabia’s non-oil exports soared to a two-year high in May, reaching SAR 28.89 billion (USD 7.70 billion), marking an 8.2% year-on-year increase compared to May 2023.

On a monthly basis, non-oil exports surged by 26.93% from April.

This growth contributed to Saudi Arabia’s trade surplus, which recorded a year-on-year increase of 12.8%, reaching SAR 34.5 billion (USD 9.1 billion) in May, following 18 months of decline.

The enhancement of the non-oil private sector remains a key focus for Saudi Arabia as it continues its efforts to diversify its economy and reduce reliance on oil revenues.

In 2023, non-oil activities in Saudi Arabia contributed 50% to the country’s real GDP, the highest level ever recorded, according to the Ministry of Economy and Planning’s analysis of data from the General Authority for Statistics.

Saudi Finance Minister Mohammed Al-Jadaan emphasized at the “Future Investment Initiative” in October that the Kingdom is now prioritizing the development of the non-oil sector over GDP figures, in line with its Vision 2030 economic diversification plan.

A report by Moody’s highlighted Saudi Arabia’s extensive efforts to transform its economic structure, reduce dependency on oil, and boost non-oil sectors such as industry, tourism, and real estate.

The Saudi General Authority for Statistics’ monthly report on international trade noted a 5.8% growth in merchandise exports in May compared to the same period last year, driven by a 4.9% increase in oil exports, which totaled SAR 75.9 billion in May 2024.

The change reflects movements in global oil prices, while production levels remained steady at under 9 million barrels per day since the OPEC+ alliance began a voluntary reduction in crude supply to maintain prices. Production is set to gradually increase starting in early October.

On a monthly basis, merchandise exports rose by 3.3% from April to May, supported by a 26.9% increase in non-oil exports. This rise was bolstered by a surge in re-exports, which reached SAR 10.2 billion, the highest level for this category since 2017.

The share of oil exports in total exports declined to 72.4% in May from 73% in the same month last year.

Moreover, the value of re-exported goods increased by 33.9% during the same period.