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Real estate activities

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

Operating revenue2024
41.7 billion riyals≈ 11.1 billion dollars▲ 9.8% vs 2023
Operating surplus2024
13.7 billion riyals33% of operating revenue
Active enterprises2024
29,2406,954 new enterprises opened · 3,457 enterprises closed
Monthly income indexAug 2026
123.5▲ 5.9% 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 «Real estate activities» had operating revenue of SAR 45.9 billion, made up of SAR 19.8 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
Real estate activities45.919.80.00.00%

By enterprise size · 2024

SizeRevenue (SAR billion)Pay as a share of revenueSurplus as a share of revenue
Micro3.822%42%
Small6.215%46%
Medium6.233%34%
Large25.622%28%

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
80,351
Saudi shareQ2 2026
39.0%Saudis: 31,359
Female participationQ2 2026
17.6%Saudi women are 86% of the women working

Saudis as a share of the sector's workers

39.0%Q2 2026
2530354045
Q1 2019Q2 2026

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

Sector workers by region · Q2 2026

RegionWorkersShare
Riyadh39,67749.4%
Makkah21,91327.3%
Eastern Province8,12910.1%
Al-Madinah3,3884.2%
Al-Qassim1,8392.3%
Aseer1,6522.1%
Tabuk9901.2%
Jazan8581.1%
Hail6720.8%
Najran6390.8%
Al-Jouf2020.3%
Northern Borders1970.2%
Al-Baha1950.2%

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

435.0billion riyalsSep 2026
100200300400500
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
202441.733%39%
202338.034%39%
202227.334%24%
202124.731%23%
202023.041%17%
201923.335%22%

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

123.5index pointsAug 2026
80100120140
Jan 2023Aug 2026

The operating revenue index (2021 = 100). Bankruptcy filings over the last 12 months: 8. Source:: GASTAT, short-term business indicators.

Real GDP

64.4billion riyalsQ2 2026
20406080
Q1 2010Q2 2026

The sector's share of GDP in Q2 2026: 5.6%, and year-on-year growth: +1.6%. At constant prices. Source: GASTAT, national accounts.

Foreign investment licences

YearNew licences
202346
202228
202114
202010
201914
201823
201715

Source: Ministry of Investment (Invest Saudi).

Cumulative foreign direct investment stock in the sector: 23.3 مليار ريال بنهاية 2025، وبلغت التدفقات الداخلة خلال العام 1.8 billion riyals. Source: GASTAT, foreign direct investment stock.

41.7billion riyalsin 2024
20304050
in 2019in 2024

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