After successfully reducing unemployment, 41.3% of Saudis earn a monthly salary of 10,000 riyals or more

A survey conducted by Maaal revealed that the decline in unemployment rates among Saudis in recent years, exceeding the Kingdom’s Vision 2030 target of 7%, was accompanied by a significant restructuring and increase in citizens’ salaries. Crown Prince Mohammed bin Salman previously stated that the priority after reducing unemployment rates is to increase salaries for Saudis in low-wage jobs, which he estimated at approximately 50% of jobs. According to the survey, which relied on subscriber data issued by the General Organization for Social Insurance for the first quarter of this year, 41.3% of Saudi subscribers and those subject to the social insurance system have salaries exceeding 10,000 riyals per month, totaling 1,188,879 Saudi men and women. This figure rose from just 12.4% at the end of 2016. This makes this segment the largest group of Saudis subject to the social insurance system, numbering 2,877,574 subscribers by the end of the first quarter of 2025, up from approximately 40% at the end of 2024 in the previous report issued by the organization. Monitoring data also shows that the segment earning between 5,000 riyals and less than 10,000 riyals per month has become the second largest segment among Saudis, representing 40.5% of registered Saudis, up from just 18.7% at the end of 2016. Their share has doubled, reaching 1,164,635 Saudi men and women. The increase in the number of Saudis joining the two previous brackets came at the expense of the bracket that received less than 3,000 riyals per month, which declined significantly to only about 0.1% of subscribers by the end of the first quarter of this year, with 1,799 Saudi men and women. This is after this bracket accounted for 2.9% of Saudi subscribers subject to the social insurance system by the end of 2016. The same applies to the bracket that received between 3,000 riyals per month and less than 5,000 riyals per month, which declined from 65.9% by the end of 2016 to only 18.1% by the end of the first quarter of 2025. This reflects the significant revolution in Saudi salaries in the years following the launch of the Kingdom’s Vision 2030. Monitoring data shows that the bracket whose salaries exceed 10,000 riyals per month varies according to different categories. Saudis who receive monthly salaries between 10,000 riyals and less than 20,000 riyals per month number 1,000 riyals per month. 571,842 Saudis, representing 20% ​​of the total Saudi population covered by the Social Insurance System.

The segment receiving between 20,000 riyals and less than 30,000 riyals per month comprised 334,631 Saudis by the end of the first quarter of this year, representing 11.6% of Saudi subscribers covered by the Social Insurance System. The segment receiving between 30,000 riyals and less than 40,000 riyals per month comprised 184,804 Saudis, representing 6.4% of the total Saudi population covered by the Social Insurance System.

The survey shows that the segment receiving between 40,000 riyals and less than 50,000 riyals per month comprised 50,928 Saudis, representing 1.8% of Saudi subscribers. The segment receiving between 50,000 riyals and less than 70,000 riyals comprised 24,431 Saudis, representing 0.8% of Saudi population covered by the Social Insurance System. The segment receiving monthly incomes between 70,000 riyals and less than 100,000 riyals comprised 14,965 Saudis, representing 0.5% of subscribers. The segment receiving monthly incomes exceeding 100,000 riyals comprised 7,278 Saudis, representing 0.3% of the total Saudi population covered by the social insurance system.