PIF's 11% Share of Saudi Non-Oil GDP Reaches SAR 1.28 Trillion

Doubling profit while keeping domestic spending on track suggests the PIF is generating returns from its portfolio even as it funnels capital into long-term projects. Alsalman also highlighted several agreements signed with leading global asset managers, part of what he described as efforts to strengthen strategic international partnerships.

For the next phase, Al Johani said the PIF will advance six integrated domestic economic ecosystems under the Vision portfolio, alongside its strategic and financial investment portfolios. The goal is to create sustainable value domestically while investing internationally in high-return opportunities aligned with long-term global trends.

Those six ecosystems – which include tourism, entertainment, and logistics – are the same sectors the fund has been building through portfolio companies such as the Red Sea Development Company and the Diriyah Gate Development Authority. By tying its domestic strategy to specific ecosystems, the PIF is creating a structure where each portfolio company operates within a defined economic cluster rather than as a standalone investment.

Al Johani said the PIF continued its transformation into a fully digitally enabled investment institution, using artificial intelligence. The fund also maintained its position among the world's leading sovereign wealth funds in adherence to the Governance, Sustainability and Resilience Index standards issued by Global SWF for 2025.

The annual report, released Aug. 17, covers a year in which the PIF deepened its role as the main vehicle for Saudi Arabia's economic diversification. The 11% non-oil GDP contribution and the SAR 1.28 trillion cumulative figure are the clearest measures of that shift.