Human capital

The Kingdom of Saudi Arabia has a population of 30 million, a labour force of over 9.7 million and both are expanding rapidly. Saudi Arabai population is growing by 2.7% a year, fuelled mainly by a high birth rate and immigration; and its labour force is growing due to immigration and higher rates of Saudi participation, male and female.

 

 Human capital in Saudi Arabia is built on firm foundations: a strong schools system, based on small class sizes averaging 11 students, and the world's advanced ranking in government spending on education.

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Saudi Arabia has an extensive network of further education and higher education institutions, including more than 80 vocational colleges, 25 public universities, eight private universities and 20 private colleges.

Vocational training is being greatly expanded: in 2009, some 94,000 students graduated from 80 vocational and technical colleges; by end of this year 2015 the annual number of vocational-course diploma graduates is expected to reach 450,000.

Over half of Saudi Arabia 9.7 million-plus employees are expatriates, including highly skilled professionals and low-cost workers. For decades non-nationals have been welcome in Saudi Arabia open, dynamic economy and now make up 28%-33% of Saudi Arabia population.

For more information: please See the Statistical Annual book, produced by Saudi Arabia Central Department of Statistics & Information and Ministry of Economy and Planning:
http://www.cdsi.gov.sa/yb45/Pages/English_Main_Page.htm

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