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Industrial Production
The output of manufacturing, mining, and utilities sectors, indicating the level of industrial activity in an economy.
Crude Oil Production
The process of extracting crude oil from oil wells or held within a country, which significantly impacts government revenues.
Economic Productivity
The efficiency of resource use in producing goods and services, measured as output per unit of input.
Overall Economic Productivity
A measure of how efficiently an economy utilizes its resources to produce goods and services.
Government Activities
The activities listed in the government's final accounts, and entities that provide non-market services and are controlled by the government.
Revitalization
Efforts to boost economic activity and growth in a declining industry or region.
Economic Activities
Operations that involve the production, exchange, or distribution of goods and services within the economy. This includes all activities undertaken by economic institutions or individuals to achieve value-added or economic output.
Personal Spending
The amount of money an individual or household allocates to cover personal expenses and consumption, including daily living costs and discretionary purchases.
Inefficiencies
Shortcomings, waste, or weaknesses in processes or operations that hinder productivity or result in resource underutilization.
Title Deeds
Legal documents that establish ownership of a property or asset, often used as collateral for loans or to prove property rights.
Vision Realization Programs
Initiatives, projects, and programs that aim at achieving the economic and social targets of the Saudi Vision 2030. The Council of Economic and Development Affairs monitors its performance and implementation.
Eligible Used Goods
Goods prescribed by ZATCA as eligible for calculating VAT based on profit margin.
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