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Saudi Arabia's R&D expenditure hits SR22.61 billion in 2023
The Saudi Gazette Published in The Saudi Gazette on 29 - 11 - 2024

RIYADH — The General Authority for Statistics (GASTAT) has announced a significant increase in research and development (R&D) activities in Saudi Arabia, with expenditure rising by 17.4% in 2023 to reach SR22.61 billion compared to the previous year.
The 2023 statistics also highlighted notable growth in the R&D workforce, which expanded by 12.2%, bringing the total number of employees in the field to 49,337. Furthermore, the number of researchers saw a substantial increase of 22.1%, reaching 36,832 compared to 2022.
These figures were included in GASTAT's annual R&D report, which provides a comprehensive overview of research and development activities in the Kingdom.

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