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Electricity, gas, steam and air conditioning supply
Sector

Overview

Electricity, gas, steam and air conditioning supply

In the Electricity, gas, steam and air conditioning supply sector, the real Gross Domestic Product (GDP) increased by 2.5% in first quarter of 2026 compared to the same quarter of the previous year. The seasonally adjusted real GDP increased by 5.4%, while the nominal GDP increased by 0.2% compared to the same quarter of the previous year.

Exports from the Electricity, gas, steam and air conditioning supply sector in 2023 grew by 100.0% compared to the previous year, while imports from the sector grew by 48.3%. As a result, the trade balance was -862.8 thousand, 47.9% lower than the previous year.

Electricity, gas, steam and air conditioning supply sector achieved positive growth in the foreign direct investment (FDI) stock at the end of 2024, which amounted to 15.9 billion, compared to the FDI stock of 2023, which was 15.7 billion.

The inflows of FDI in the Electricity, gas, steam and air conditioning supply sector grew by 0.3% in 2024 compared to the previous year, whereas the outflows of FDI showed a decrease of 14.1% compared to previous period. Thus, the net flows amounted to 225.1 million in 2024, while in 2023, it recorded 217.5 million.

The overall distribution of the employed in the Electricity, gas, steam and air conditioning supply sector reached 0.3% in fourth quarter of 2025, decreased from last quarter by 0.05 percentage points (pp) and increased from a year ago by 0.04 pp.

For its part, the average weekly working hours was 42.4 hours in the third quarter of 2023, registering an increase of 0.7% compared to the previous period and an increase of 1.1% compared to the same quarter of 2022.

The operating revenues of the sector reached 107.6 billion in 2024, an increase of 15.9% compared to the previous year. For its part, the operating expenses amounted to 46.9 billion, showing an increase of 24.4% compared to the previous period. As a result, the operating surplus of the Electricity, gas, steam and air conditioning supply sector was 43.2 billion, 8.1% higher than the previous period.

Real Sector Indicators

Gross Domestic Product (GDP)

In the first quarter of 2026, the real Gross Domestic Product (GDP) in Electricity, gas, steam and air conditioning supply amounted to 8.1 billion. Additionally, the nominal GDP recorded a value of 15.3 billion, while the seasonally adjusted real GDP stood at 18.5 billion.

The graph shows the quarterly evolution of the real, nominal and seasonally adjusted real Gross Domestic Product (GDP) in the Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

The Real GDP and Seasonally Adjusted Real GDP are calculated by Gastat using the Chain-Linked Methodology.

Quarterly Evolution of Real, Nominal and Seasonally Adjusted Real GDP in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Industrial Production Index

In March 2026, the Industrial Production Index in Electricity, gas, steam and air conditioning supply sector grew 4.2% compared to the previous month. The General Index showed a decreased of 22.2% compared to the previous month.

The graph shows the monthly percentage change in the Industrial Production Index (IPI) in Electricity, gas, steam and air conditioning supply sector and the monthly percentage change in the General Industrial Production Index for comparison.

Note: Sectors have been reclassified as per ISIC 4 standard.

Industrial Production Index in the Electricity, Gas, Steam and Air Conditioning Supply Sector
(MoM Growth)

Producer Price Index (PPI)

In March 2026, the General Producer Price Index (PPI) stood at 109.0. The PPI for Electricity, gas, steam and air conditioning supply sector was 99.7.

The chart shows the monthly evolution of the Producer Price Index in the Electricity, gas, steam and air conditioning supply sector, with the General Index provided for comparison.

Producer Price Index (PPI) by Section

Monetary

Points of Sale Transactions

In April 2026, the value of points of sale (POS) transactions amounted to 239.1 million in the Electricity, gas, steam and air conditioning supply sector, being 0.6% higher than the previous month and 18.6% higher than the same month from the previous year.

The graph shows the monthly evolution of the value of points of sale transactions in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Monthly Evolution of the Value of Points of Sale Transactions in the Electricity, Gas, Steam and Air Conditioning Supply Sector

SADAD System Payments

In April 2026, the SADAD system payments value in Electricity, gas, steam and air conditioning supply sector reached 10.2 billion, being 4.3% lower than the previous month and 4.4% higher than the same month from the previous year.

The graph shows the monthly evolution of the SADAD system payments value in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Monthly Evolution of the SADAD System Payments Value in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Commercial Bank Credit

During April 2026, the Electricity, gas, steam and air conditioning supply sector secured 231.6 billion in commercial bank credits, higher by 3.9% than the value of the previous month and higher by 22.3% compared to the same month of the previous year.

The graph shows the monthly evolution of commercial bank credits in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Monthly Evolution of Commercial Bank Credits in the Electricity, gas, steam and air conditioning supply Sector

Finance Companies' Credit to Non-Retail

In 2025, the Electricity, gas, steam and air conditioning supply sector recorded 643.8 million in finance company credit to non-retail, marking a 25.7% increase compared to the previous year.

The graph shows the annual evolution of the finance companies' credit to non-retail in the Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of the Finance Companies' Credit to Non-Retail in the Electricity, Gas, Steam and Air Conditioning Supply Sector

External Sector & International Trade

Exports and Imports

Exports of the Electricity, gas, steam and air conditioning supply sector reached 62.8 thousand in 2023. The primary destinations for these exports were State of Qatar ( 62.8 thousand) and United Arab Emirates ( 1.0).

The graph shows annual exports of Electricity, gas, steam and air conditioning supply sector by country, measured in trade value.

Exports Value by Country Annually

Trade Balance

In December 2025, the Electricity, gas, steam and air conditioning supply sector recorded exports amounting 2.3 thousand and imports totaling 225.8 thousand, resulting in a trade balance deficit of 223.5 thousand.

The graph shows the monthly evolution of exports and imports in the Electricity, gas, steam and air conditioning supply sector, with the line representing the trade balance.

Monthly Evolution of Exports and Imports in the Electricity, Gas, Steam and Air Conditioning Supply Sector

FDI Stock

In 2024, the Foreign Direct Investment (FDI) stock reached 15.9 billion, marking an increased of 1.4% compared to the previous year.

The graph shows the annual evolution of the FDI stock in the Electricity, gas, steam and air conditioning supply sector.

Annual Evolution of FDI Stock in the Electricity, Gas, Steam and Air Conditioning Supply Sector

FDI Flow

In 2024, the Foreign Direct Investment (FDI) Inflow amounted to 266.2 million, while the FDI Outflow stood at 41.1 million. Consequently, the FDI Net Inflow was 225.1 million, reflecting an increased of 3.5% compared to the previous year.

The graph illustrates the annual progression of FDI Inflow and Outflow in the Electricity, gas, steam and air conditioning supply sector. The line chart represents the FDI Net Inflow.

Note:

FDI inflows: Financial transactions that arise between the FDI institution, direct investors and related companies outside the Saudi economy, which occur during a certain period of time, and form inflows when their positive impact appears in excess of equity and/or debt instruments.

FDI outflows: These are financial transactions that arise between the Foreign Direct Investment Corporation, direct investors, and related companies outside the Saudi economy, and which occur during a certain period of time. They are outflows when their impact appears in a decrease in the side of obligations, such as paid dividends or repayment of loans and credit receivables, or when the foreign shareholder exits.

FDI net inflow: It represents the difference between inflows and outflows of foreign direct investment inflows.

Annual Evolution of FDI Inflow and Outflow in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Labor Market

Distribution of the Employed

In the fourth quarter of 2025, the percentage distribution of employed people in Electricity, gas, steam and air conditioning supply sector reached 0.3%, with 0.4% for men and 0.10% for women.

The graph shows the quarterly evolution of the percentage distribution of employed people by gender in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Percentage Distribution of Employed by Gender in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Working Hours

During the third quarter of 2023, the average hours worked by Saudi men were 42, compared to 44.6 hours for non-Saudi men. Likewise, Saudi women averaged 27.5 hours.

The graph shows the average weekly working hours by gender and nationality in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Average Weekly Working Hours by Nationality and Gender in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Social Insurance (GOSI)

During the fourth quarter of 2025, a total of 43,194 participants on the job Subject to the rules and regulations of social insurance were registered in the Electricity, gas, steam and air conditioning supply sector, with 95.3% being men (41,183 participants) and 4.7% women (2,011 participants).

The graph shows the quarterly evolution of the number of participants on the job Subject to the rules and regulations of social insurance by gender in the Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Number of Participants in the Electricity, Gas, Steam and Air Conditioning Supply Sector By Gender

On-the-job Subscribers in the Private Sector

In 2022 on-the-job subscribers in the private sector was 31,983 for Saudi men and 6,249 for non-Saudi men. On-the-job subscribers was 898 for saudi women and 12 for non-Saudi women.

The graph shows on-the-job subscribers in the private sector by gender and nationality in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

On-the-job Subscribers in the Private Sector by Nationality and Gender in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Structural Business

Operating Industrial Units

In 2022, the number of operating industrial units was 10,518 units, being 2.2% higher than the previous year.

The graph shows the annual evolution of the number of operating industrial units in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of the Number of Operating Industrial Units in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Economic Establishments

In 2018, there were 780 establishments registered in the Electricity, gas, steam and air conditioning supply sector, of which 44.6% had less than 5 employees, 21% had between 5 and 19 employees and 34.4% had more than 20 employees.

The graph shows the annual distribution of establishments categorized by size based on the number of employees in the Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Number of Economic Establishments by Size Class in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Revenues and Expenses

In 2024, the operating revenues reached 107.6 billion, while operating expenses amounted to 46.9 billion, resulting in an operating surplus of 43.2 billion for the year.

The graph shows the annual evolution of operating expenses and operating revenues, with the line representing the operating surplus each year.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of Operating Expenses and Revenues in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Net Assets

In 2017 net assets reached an amount of 38.0 billion, being higher in 1.6% compared to the previous year.

The graph shows the annual evolution of net assets in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of Net Assets in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Operating Revenues & Expenses in SMEs

In 2024, the operating revenues reached 1.3 billion in micro establishments, while operating expenses amounted to 489.6 million, generating a surplus of 591.7 million.

The graph shows the annual evolution of operating expenses and operating revenues, with the line representing the operating surplus each year in Electricity, gas, steam and air conditioning supply sector for micro establishments.

Note: Sectors have been reclassified as per ISIC 4 standard.

Evolution of Operating Expenses and Revenues in Micro establishments in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Employee Compensation in SMEs

In 2024, micro enterprises of the Electricity, gas, steam and air conditioning supply sector spent 236.9 million in employee compensation, while small enterprises spent 551.2 million and medium-sized enterprises spent 4.5 billion. This amounts to a total of 5.3 billion for the Electricity, gas, steam and air conditioning supply sector.

The graph shows employee compensation by enterprise size over the years in Electricity, gas, steam and air conditioning supply sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Employee Compensation by Enterprise Size in the Electricity, Gas, Steam and Air Conditioning Supply Sector

Business Demography

In 2024, the number of active enterprises in Electricity, gas, steam and air conditioning supply sector was 533.

The chart shows the number of Active Enterprises in Electricity, gas, steam and air conditioning supply sector by year.

Number of Active Enterprises by Year

Short-Term Business Indicators

In March 2026, the Operating Revenues Index in Electricity, gas, steam and air conditioning supply sector stood at 118.5.

The chart shows the monthly evolution of the Operating Revenues Index in Electricity, gas, steam and air conditioning supply sector.

Trend in the Operating Renenues Index

Digital Economy

Digital Economy Indicators

According to the Digital Economy Survey carried out by the General Authority for Statistics in 2022, in the Electricity, gas, steam and air conditioning supply sector the use of purchasing cloud computing services (57.1%) and using systems or devices connected to the Internet (57.1%) are highlighted as the most relevant indicators of adoption and use of the digital economy.

The graph shows the percentage of establishments in the Electricity, gas, steam and air conditioning supply sector according to indicators of use and adoption of the digital economy.

Percentage of establishments according to indicators of use and adoption of the digital economy

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