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Saudi Arabia
SA

Saudi Arabia

Middle East · Riyadh · SAR (Saudi Riyal)

GDP
$1.24T
nominal, USD
GDP growth
1.3%
real, annual
Inflation
1.6%
annual
Market cap
$2.50T
total listed, USD

Economy & industry overview

Saudi Arabia has the largest economy in the Arab world and the Middle East and North Africa region, with a nominal GDP of approximately USD 1.24 trillion in 2024. The economy is anchored by crude oil and natural gas production, which account for roughly 22 percent of GDP, though the government's Vision 2030 reform programme is actively accelerating diversification into financial services, tourism, mining, manufacturing, and petrochemicals. Non-oil activities grew 4.3 percent in 2024, reflecting measurable progress in expanding the private sector base. The Saudi Exchange (Tadawul) is the largest equity market in the Middle East and North Africa, with a total listed market capitalisation of approximately USD 2.5 trillion as of mid-2026. Saudi Arabia's currency is pegged to the US dollar at a fixed rate of 3.75 SAR per USD.

Key sectors

Energy · Crude Oil and Natural GasPetrochemicals · ChemicalsBanking · Islamic FinanceMining · Metals and MineralsTelecommunicationsUtilities · Power and WaterReal EstateRetail and ConsumerHealthcareTourism and Hospitality
Learn everything about Saudi Arabia →

Macro

GDP nominal, USD$1.24T
GDP growth real, annual1.3%
Inflation annual1.6%
Population people35.9M
GDP per capita USD$35,528
Market cap total listed, USD$2.50T
Market cap / GDP202.0%
Unemployment3.5%
Listed companies272
ExchangeSaudi Exchange (Tadawul) (TADAWUL)

Primary data year: 2024. Sources: World Bank, IMF World Economic Outlook, General Authority for Statistics Saudi Arabia (GASTAT), Saudi Exchange (Tadawul) official market data, MSCI Market Classification, Baker McKenzie Cross-Border Listings Guide, Capital.com market data, Raseed Invest, Argaam, Trading Economics, Focus Economics. Individual figures may cover different reference periods — for example a fiscal year, or an estimate for the current year — and the overview above states these where known.

Largest listed companies

The biggest companies on the main local exchange, by market capitalisation. Where a foreign company holds a secondary listing here, it is shown after the domestic companies.

# Company Sector Market capUSD US listing

US-traded ETFs

Funds listed in the US that give exposure to this market, the simplest route for many US investors.

ETF Scope Expense ratioannual % Exposure% of fund

Local exchange & access

ExchangeSaudi Exchange (Tadawul)
CodeTADAWUL
Websitewww.saudiexchange.sa
CurrencySAR

Local broker access

Foreign investors may access Saudi Exchange-listed equities directly through qualified foreign investor (QFI) accounts opened with Capital Market Authority-licensed brokers. As of February 2026, the CMA opened the Main Market to all foreign investor categories. International retail investors typically gain exposure through US-listed ETFs such as EWS or KSA rather than direct QFI accounts. Saudi Arabia does not have a broad set of US-listed ADRs; most international exposure is via ETFs or direct brokerage through QFI-eligible brokers such as HSBC Saudi Arabia, Aljazira Capital, and others.

Global brokers with foreign-market access

Listed for convenience only. Not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Investment visa / residency programme

Grants Permanent residency (Saudi Premium Residency)

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Minimum investment: $400.00K

Need help applying? Specialist investment-migration advisers such as Henley & Partners.

Foreign-investor access

Saudi Arabia operates a Premium Residency programme, informally called the Saudi Green Card, which grants permanent residency to qualifying foreign nationals. Investment and real estate pathways are available, with property-based routes starting at SAR 4 million (approximately USD 1.07 million). Holders may live, work, and own property in the Kingdom without a local sponsor. The programme is administered by the Premium Residency Center under the Ministry of Interior.

US-listed ADRs & cross-listings

Companies from this country whose shares also trade in the US, investable in a normal US brokerage account.

CompanyUS tickerLocal tickerNote
Saudi AramcoARMCO2222Saudi Aramco trades on Tadawul under ticker 2222 and has an OTC-quoted American Depositary Receipt in the US market. Liquidity in the US OTC instrument is limited relative to the primary Tadawul listing, and most institutional exposure is obtained through the primary listing or via ETFs such as KSA.
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