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Saudi Arabia invested $52.8 billion in travel and tourism capital expenditure in 2024 — 16.2% of total national capex. WTTC EIR 2025 classifies the demand momentum as accelerating, with the sector ranked 3rd among 42 panel economies and a ten-year forecast share of GDP at 13.7% in 2035.
Hero metric
$52.8 billion tourism capex (2024)
Source
WTTC EIR 2025
Last updated
2026-05-12
KEY FIGURES
T&T capex (2024)
$52.8 billion
Share of total national capex
16.2%
Capex rank
3rd of 42
Demand momentum
Accelerating
GDP share forecast (2035)
13.7%
Tourism YoY growth (2024)
7.0%
Key figures
TOURISM GDP SHARE — 5-YEAR TREND
Saudi Arabia's $52.8 billion 2024 tourism capex represents 16.2% of national capital formation. WTTC's forward outlook for Saudi Arabia carries a accelerating demand-momentum label, the agency's most actionable forward signal.
FREQUENTLY ASKED QUESTIONS
WTTC EIR 2025 classifies Saudi Arabia's tourism momentum as accelerating. The sector accounts for 16.2% of national capex and ranks 3rd of 42 panel economies.
$52.8 billion of capital expenditure flowed into Saudi Arabia's travel and tourism sector in 2024 (WTTC EIR 2025).
WTTC projects Saudi Arabia's tourism share of GDP to reach 13.7% by 2035, up from 9.9% in 2024.
Tourism GDP grew 7.0% year-over-year in 2024 in Saudi Arabia, and demand momentum is rated accelerating by WTTC EIR 2025.
Saudi Arabia ranks 3rd of 42 economies on tourism capex share. Combined with a 9.9% GDP share and accelerating momentum, it offers an asymmetric entry point in the global tourism asset class.
METHODOLOGY & SOURCE
Every numeric claim on this page is sourced from WTTC EIR 2025 (WTTC EIR 2025 — Saudi Arabia Factsheet, p. 7). Last accessed 2026-05-11. No figures are estimated, modelled, or AI-generated — DataGreat's narrator is locked to WTTC values verbatim.
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