Saudi Arabia's Ambitious Vision 2030 Plan: A Progress Report

Saudi Arabia's Public Investment Fund reported assets of $910 billion in 2025, falling short of its $1.09 trillion goal. The Vision 2030 report indicates missed targets in non-oil GDP and foreign direct investment. The nation aims to reduce reliance on oil via substantial investments in other sectors.

Saudi Arabia's Public Investment Fund reported having preliminary assets under management totaling $910 billion by the end of 2025, which is below its ambitious target of $1.09 trillion, according to the annual Vision 2030 report released this week.

The report further revealed that the country's real non-oil GDP reached $892 billion, missing the set target of $904 billion. Additionally, foreign direct investment represented just 2.8% of the GDP, a shortfall from the 3.4% goal previously established.

The world's leading oil exporter, Saudi Arabia, remains more than halfway through its Vision 2030 initiative, which aims to invest hundreds of billions of dollars in diversifying its economy and reducing its reliance on hydrocarbon revenue by fostering growth in sectors like tourism.