AI Summary
The Kingdom of Saudi Arabia's flag
The unemployment rate among Saudis fell to 8.3% in the second quarter of 2023, compared to 8.5% in the first quarter of 2023, according to the General Authority for Statistics’ (GASTAT) labor force survey.
The employment-to-population ratio of Saudis declined to 47.4% on a quarterly basis in Q2 2023.
The participation rate of Saudi women retreated to 35.3% in the three-month period.
Meanwhile, the overall unemployment rate among population in working age reached 4.9% in Q2 2023, compared to 5.1% in Q1 2023.
The following table illustrates the changes in unemployment in Saudi Arabia:
|
Unemployment Rate in Saudi Arabia |
||
|
Period |
Unemployment rate |
Unemployment rate among Saudis |
|
Q1 2017 |
5.8 % |
12.7 % |
|
Q2 2017 |
6.0 % |
12.8 % |
|
Q3 2017 |
5.8 % |
12.8 % |
|
Q4 2017 |
6.0 % |
12.8 % |
|
Q1 2018 |
6.1 % |
12.9 % |
|
Q2 2018 |
6.0 % |
12.9% |
|
Q3 2018 |
6.0 % |
12.8% |
|
Q4 2018 |
6.0 % |
12.7% |
|
Q1 2019 |
5.7 % |
12.5% |
|
Q2 2019 |
5.6 % |
12.3 % |
|
Q3 2019 |
5.5 % |
12.0 % |
|
Q4 2019 |
5.7 % |
12.0 % |
|
Q1 2020 |
5.7 % |
11.8 % |
|
Q2 2020 |
9.0 % |
15.4 % |
|
Q3 2020 |
8.5 % |
14.9 % |
|
Q4 2020 |
7.4 % |
12.6 % |
|
Q1 2021 |
6.5 % |
11.7 % |
|
Q2 2021 |
6.6 % |
11.3 % |
|
Q3 2021 |
6.6 % |
11.3 % |
|
Q4 2021 |
6.9 % |
11.0 % |
|
Q1 2022 |
6.0 % |
10.1 % |
|
Q2 2022 |
5.8 % |
9.7 % |
|
Q3 2022 |
5.8 % |
9.9 % |
|
Q4 2022 |
4.8 % |
8.0 % |
|
Q1 2023 |
5.1 % |
8.5 % |
|
Q2 2023 |
4.9 % |
8.3 % |
Saudis accounted for 52.1% and 47.3% of the labor force in the public and private sectors, respectively. On the other hand, non-Saudis employed in the private sector made up 70.1%.
|
Employees by Nationality and Sector in Saudi Arabia |
|||
|
Sector |
Saudis |
Non-Saudis |
Total |
|
Public Sector |
52.1 % |
3.7 % |
27.2 % |
|
Private Sector |
47.3 % |
70.1 % |
59.0 % |
|
Other Sectors |
0.4 % |
26.1 % |
13.6 % |
|
Unspecified |
0.3 % |
0.1 % |
0.2 % |
|
Total |
100 % |
100 % |
100 % |
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