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Tourism Sector Contributes to 4.45% of Saudi Arabia’s GDP

Saudi Minister of Tourism Ahmed al-Khateeb announced that the tourism sector’s contribution to Saudi Arabia’s gross domestic product (GDP) reached 4.45 percent, noting that the Kingdom will invest over $800 billion in the upcoming ten years. 

The Saudi tourism sector is one of the principal axes of Vision 2030, said the Minister, indicating that the Middle East is recovering the fastest from the pandemic among the five central regions, contributing to the growth of global travel and tourism.

Moreover, Khateeb said the tourism sector has provided job opportunities, promoted sustainable and social development, and strengthened international and local cooperation.

Link: https://english.aawsat.com/business/4378006-tourism-sector-contributes-445-saudi-arabias-gdp

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