The unemployment rate dropped to 7.8% in Q1 2025, according to a study released on Sunday by the Saudi General Authority for Statistics, while FDI inflows were SAR 22.2 billion (USD 5.9 billion).
FDI inflows were up 44% from the same time last year, when they were SAR 15.5 billion (USD 4.1 billion), according to the report, however they were down 7% from the fourth quarter of 2024, when they were SAR 23.9 billion (USD 6.4 billion). The Kingdom received SAR 24.0 billion (USD 6.4 billion) in foreign direct investment (FDI) in Q1 2025, which was a 24% year-over-year rise but a 6% decrease from Q4 2024.
According to the labour market data, the total unemployment rate for those aged 15 and over decreased to 7.8% in Q1 2025 from 8.5% in Q4 2024, with 3.7% of men and 18.4% of women experiencing this fall.
According to the Authority, Saudi unemployment decreased from 8.4% to 7.6%, with male unemployment decreasing from 5.1% to 4.7% and female unemployment decreasing from 14.3% to 13%. Saudi Arabia’s employment-to-population ratio was 92.4%, while their labour force participation rate was 47.6%, with 66.6% of men and 35.4% of women. According to the statistics, most Saudi job searchers are between the ages of 20 and 29, with the largest concentrations found in Riyadh, Makkah, the Eastern Province, Aseer, and Qassim.
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