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Mining and quarrying

How the sector's enterprises perform: revenue, operating expenses, employee compensation, operating surplus and where they sit geographically, from the official data.

Operating revenue2024
1,057.5 billion riyals≈ 282.0 billion dollars▼ 8.3% vs 2023
Operating surplus2024
876.6 billion riyals83% of operating revenue
Active enterprises2024
2,231704 new enterprises opened · 236 closed
Monthly income indexAug 2026
77.8▼ 11.6% year on year

Activities inside the sector · 2025

البيانات المالية لعام 2025 (مليار ريال) مستندة إلى مسح إحصاءات الأعمال الهيكلية الصادر عن الهيئة العامة للإحصاء لكل أحجام المنشآت.Read more

Worked example: enterprises in «Extraction of crude petroleum and natural gas» had operating revenue of SAR 899.6 billion, made up of SAR 99.1 billion of operating expenses and SAR 0.0 billion of employee compensation, leaving an operating surplus of SAR 0.0 billion, which is 0% of operating revenue.

What the terms mean: Operating revenue Total sales and income earned from the main activity. Operating expenses Operating costs, including rent and intermediate purchases. Employee compensation Wages, salaries and benefits in cash and in kind. Operating surplus What is left of operating income before depreciation, interest, zakat and tax, with its share of revenue below it. It is a measure of operating efficiency, not net profit.

Activities with operating revenue of SAR 100 million or more are listed. Source: الهيئة العامة للإحصاء، نشرات إحصاءات الأعمال الهيكلية لعام 2025.

Economic activityOperating revenuebillion riyalsOperating expensesbillion riyalsEmployee compensationbillion riyalsOperating surplusbillion riyals
Extraction of crude petroleum and natural gas899.699.10.00.00%
Other mining and quarrying17.05.30.00.00%
Mining support service activities9.54.00.00.00%
Support activities for petroleum and natural gas extraction7.13.11.32.738%
Support activities for other mining and quarrying1.20.50.40.323%
Mining of metal ores6.32.10.00.00%
Mining of coal and lignite0.00.00.00.00%

By enterprise size · 2024

SizeRevenue (SAR billion)Pay as a share of revenueSurplus as a share of revenue
Micro1.215%45%
Small1.722%48%
Medium6.78%62%
Large1,048.05%83%

Large-enterprise data: operating revenue and operating surplus are taken from the published bulletins; expenses and employee compensation are derived by subtracting the micro, small and medium figures from the sector total. Source: GASTAT, SME statistics; GASTAT, structural business survey.

Workers and Saudi share · Q2 2026

Registered workersQ2 2026
206,243
Saudi shareQ2 2026
57.4%Saudis: 118,439
Female participationQ2 2026
6.0%Saudi women are 91% of the women working

Saudis as a share of the sector's workers

57.4%Q2 2026
50607080
Q1 2017Q2 2026

Workers currently insured at enterprises in this sector. Source: GASTAT, social insurance contributors by sector.

Sector workers by region · Q2 2026

RegionWorkersShare
Eastern Province132,99164.5%
Makkah41,52220.1%
Riyadh22,89511.1%
Al-Madinah2,5871.3%
Najran1,7840.9%
Al-Qassim1,4390.7%
Aseer1,3730.7%
Jazan6180.3%
Tabuk3820.2%
Northern Borders2260.1%
Hail2150.1%
Al-Jouf1670.1%
Al-Baha440.0%

Workforce figures are assigned administratively to the enterprise's registered head office. Source: GASTAT, workers by administrative region and economic activity.

Bank credit to the sector

47.3billion riyalsSep 2026
30405060
Aug 2021Sep 2026

Source: Saudi Central Bank, bank credit by sector.

Revenue and surplus, year by year

YearRevenue (SAR billion)Surplus as a share of revenueSME share
20241,057.583%under 1%
20231,152.887%under 1%
20221,481.290%under 1%
2021909.088%under 1%
2020572.983%under 1%
2019891.189%under 1%

Operating surplus: what is left after operating expenses and employee compensation are taken from total revenue, before depreciation, financing costs, zakat and tax. It is the operating return, and is not net profit. Source: GASTAT, structural business survey.

Revenue month by month

77.8index pointsAug 2026
6080100120
Jan 2023Aug 2026

The operating revenue index (2021 = 100). Bankruptcy filings over the last 12 months: 2. Source:: GASTAT, short-term business indicators.

Merchandise exports

53.0billion riyalsApr 2026
0255075100
Jan 2015Apr 2026

Source: GASTAT, international trade statistics.

Real GDP

183.0billion riyalsQ2 2026
150200250300350
Q1 2010Q2 2026

The sector's share of GDP in Q2 2026: 16.0%, and year-on-year growth: -27.7%. At constant prices. Source: GASTAT, national accounts.

Foreign investment licences

YearNew licences
2023111
202275
202128
202021
201920
201812
201724

Source: Ministry of Investment (Invest Saudi).

Cumulative foreign direct investment stock in the sector: 36.3 مليار ريال بنهاية 2025، وبلغت التدفقات الداخلة خلال العام 5.2 billion riyals. Source: GASTAT, foreign direct investment stock.

1,057.5billion riyalsin 2024
5001,0001,500
in 2019in 2024

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