
Saudi Arabia's Quality of Life Program added SAR 78 billion to GDP through 2025, beating its SAR 77.1 billion target. The Vision 2030 initiative drives spending on entertainment and tourism infrastructure.
Alpha Score of 68 reflects moderate overall profile with strong momentum, strong value, weak quality, moderate sentiment.
The Quality of Life Program contributed SAR 78 billion to Saudi Arabia's gross domestic product, exceeding the SAR 77.1 billion target, the program's report showed.
The figure covers cumulative contributions through 2025. The program, part of the Vision 2030 framework, targets improvements in livability, cultural offerings, and recreational infrastructure across the Kingdom.
Saudi authorities have invested heavily in entertainment, tourism, and sports sectors since the program launched in 2018, aiming to diversify the economy away from oil dependence and attract international visitors. The GDP contribution reflects spending across these verticals, including construction, event operations, and hospitality services.
The program reported the GDP figure in its annual update, which also outlined new targets for the next phase of spending and project completion dates.
The Quality of Life Program is one of 13 Vision Realization Programs under Saudi Arabia's 2030 economic transformation plan. It oversees projects ranging from cinema and concert venue development to sports league expansion and heritage site restoration.
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