
Saudi Arabia’s Digital Economy Expands to 15.6% of GDP in 2023 Amid Strong ICT Growth
Saudi Arabia’s digital economy grew to 15.6% of GDP in 2023, driven by strong ICT sector performance. ICT imports increased by 19.9%, exports surged 76.1%, and smart device adoption reached 71.6% of connected establishments, highlighting the kingdom’s advancing digital transformation and economic diversification.