AI Summary
The Kingdom of Saudi Arabia's flag
The unemployment rate in Saudi Arabia fell to 7.6% in the first quarter of 2024, compared to 7.8% in the fourth quarter of 2023, according to the General Authority for Statistics’ (GASTAT) labor force survey.
However, the employment-to-population ratio rose to 47.5% on a quarterly basis in Q1 2024. Saudi women’s employment also rose to 35.8% in the same period.
Meanwhile, the overall unemployment rate among the working-age population reached 3.5% in Q1 2024, compared to 3.4% in Q4 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* |
4.3 % |
8.7% |
|
Q2 2023* |
4.1% |
8.5% |
|
Q3 2023* |
4.2 % |
8.8% |
|
Q4 2023* |
3.4% |
7.8% |
|
Q1 2024 |
3.5% |
7.6% |
*Updated Data
Saudis accounted for 49.7% and 49.4% of the labor force in the public and private sectors, respectively. On the other hand, non-Saudis employed in the private sector made up 74%.
|
Employees by Nationality and Sector in Saudi Arabia |
|||
|
Sector |
Saudis |
Non-Saudis |
Total |
|
Public Sector |
49.7% |
3.2% |
19.9% |
|
Private Sector |
49.4% |
74.0% |
65.2% |
|
Other Sectors |
0.4% |
22.5% |
14.6% |
|
Unspecified |
0.6% |
0.3% |
0.4% |
|
Total |
100 % |
100 % |
100 % |
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