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The Saudi unemployment rate among nationals dropped to 7.2% in Q4 2025, down from 7.5% in Q3 2025, according to the General Authority for Statistics (GASTAT). However, male unemployment rose to 5.6%, the highest since Q3 2021, while female unemployment remained at 10.3%. Non-Saudi unemployment fell to 1.7%. The overall unemployment rate for the working-age population increased slightly to 3.5%.
This data reflects mixed signals for the Saudi labor market. While the decline in national unemployment is positive, the rise in male unemployment suggests structural challenges in sectors traditionally dominated by men. Investors may focus on how the government addresses these disparities through Vision 2030 initiatives, which could impact equity markets and economic reforms.
For traders, the report highlights the importance of monitoring future labor data and policy responses. The slight increase in overall unemployment could influence monetary policy expectations, though the Saudi Central Bank has maintained a cautious stance. Key assets to watch include Saudi equity indices like TASI and sectors tied to labor market reforms.
