The service trade sector in Saudi Arabia showed strong performance in the fourth quarter of 2025, with the value of the kingdom's exports reaching 66.1 billion riyals (approximately $17.6 billion), compared to about 56.6 billion riyals (approximately $15 billion) during the same period in 2024, reflecting a growth rate of 16.8 percent. These results come at a time when the role of non-oil sectors is increasing, enhancing economic growth and international trade exchange.
According to data released by the General Authority for Statistics, the total value of service imports in the fourth quarter of last year was approximately 119.6 billion riyals, a decrease of 3.2 billion riyals, or 3.2 percent, compared to the same period in 2024.
Details of the Event
Travel services topped the list of exports, with exports valued at 39.5 billion riyals, of which personal travel services accounted for approximately 92.2 percent. Transportation services ranked second with about 10.5 billion riyals, with air transport representing 40.6 percent of the total exports in this category, followed by maritime and land transport at lower percentages.
As for government services, their value reached 2.8 billion riyals, while other business services recorded 2.6 billion riyals, with professional and administrative consulting accounting for approximately 51 percent of the total for this item. The value of telecommunications, computer, and information services reached 2.3 billion riyals, with telecommunications making up 51.4 percent of this figure.
Background & Context
This strong performance comes in light of Saudi Vision 2030, which aims to diversify the economy and reduce dependence on oil. The kingdom seeks to enhance non-oil sectors, including tourism, trade, and services, to be a key driver of economic growth.
The service trade is a vital sector contributing to the national economy, as it helps create job opportunities and increase revenues. This growth also reflects the global trend towards a digital economy and services, providing Saudi Arabia with a significant opportunity to compete internationally.
Impact & Consequences
The growth in the service sector underscores the Saudi economy's ability to adapt to global changes and enhances the kingdom's position as a regional trade hub. This strong performance also reflects the kingdom's capacity to attract foreign investments and boost trade exchanges with other countries.
Economic reports expect this growth trend to continue, contributing to improving the standard of living for citizens and increasing investments in developmental projects. Additionally, this growth may enhance trade relations with other countries, further strengthening Saudi Arabia's position on the international stage.
Regional Significance
The growth in the service sector in Saudi Arabia serves as a model for other Arab countries, as this experience can contribute to enhancing economic diversity in the region. Amid the economic challenges faced by many Arab nations, Saudi Arabia's experience in developing the service sector can be a benchmark.
Moreover, enhancing trade and services can contribute to achieving economic stability in the region, fostering cooperation among Arab countries and promoting economic integration.
In conclusion, the strong performance of the service trade sector in Saudi Arabia reflects positive trends towards achieving a diverse and sustainable economy, opening new horizons for growth and development in the future.