Crown Prince Mohammed bin Salman announced that the Kingdom of Saudi Arabia has proven its capability to transform national ambitions into tangible achievements after a decade under Vision 2030. This was stated in remarks published in the annual report for Vision 2030 for the year 2025, where the Crown Prince noted that the accomplishments achieved by the kingdom were a result of the will of the Saudi people and the strength of its institutions.
The Crown Prince emphasized that the progress made in recent years requires building on the current momentum and enhancing efforts and plans to ensure sustainable growth and improve the lives of citizens. The annual report indicated that Saudi Arabia has entered the third and final phase of Vision 2030 from a stronger position in terms of institutional maturity, economic diversification, and continued momentum in implementation.
Details of the Achievements
According to the report, **93%** of the key performance indicators for Vision 2030 have been achieved, with annual targets for **2025** exceeded. Additionally, **90%** of the initiatives have either been completed or are progressing as planned. A total of **935** initiatives have been completed, while **225** other initiatives are on track out of **1,290** initiatives.
The report also highlighted that the real GDP reached **$1.31 trillion** in **2025**, with non-oil activities contributing **55%** to the GDP. The non-oil GDP grew by **4.9%** compared to **2024**, underscoring the ongoing efforts in economic diversification. The tourism sector continued to be a major growth driver, with the kingdom recording **123 million** tourists in **2025**.
Background & Context
Vision 2030 was launched in **2016** as a long-term national strategy aimed at diversifying the Saudi economy, empowering citizens, and reducing dependence on oil revenues. This vision is part of the kingdom's efforts to achieve sustainable development and enhance its economic standing on the global stage.
Vision 2030 is considered part of the kingdom's efforts to improve the business environment and attract foreign investments, with total foreign direct investment inflows reaching **$35.5 billion**, while more than **700** international companies have established regional headquarters in Saudi Arabia.
Impact & Consequences
The achievements made by Saudi Arabia under Vision 2030 reflect a significant transformation in the national economy, as the kingdom seeks to reduce its reliance on oil and enhance other sectors such as tourism and technology. This transformation could contribute to creating new job opportunities and improving the standard of living for citizens.
Furthermore, the success of Vision 2030 could encourage other countries in the region to adopt similar strategies for achieving sustainable development, thereby enhancing economic cooperation among Arab countries and promoting regional stability.
Regional Significance
Vision 2030 serves as a model for the Arab region, potentially inspiring other countries to adopt similar developmental strategies. The focus on economic diversification and improving the business environment can contribute to enhancing stability and growth in the region.
In conclusion, the achievements realized by Saudi Arabia under Vision 2030 demonstrate how national ambitions can be transformed into tangible realities, reflecting the kingdom's ability to face challenges and achieve sustainable development.