DISTRIBUTION OF
POPULATION IN SAUDI ARABIA CITIES
Annual growth rate and
value change by 2030
The population of each
of the target markets is one of the most important elements generating the
desired wealth and revenues, in addition to the annual growth of this target
sector. EXCPR Consulting and Business Management is based on the demographic
study of the market in Saudi Arabia on key considerations, including that the
leadership market is of great value in the population in the GCC region, in
addition to the recent growth and development of this market. The study aims to
analyze the Saudi Arabia market in terms of the concentration of the population
- customer- in addition to knowing the future directions of such promising
market. According to the latest official statistics, Saudi Arabia has a
population of 34.2 million, placing it 41st in the world after
Morocco and before Uzbekistan.
REGIONS
Makkah province (Mecca) is one of the most densely populated provinces in Saudi
Arabia, accounting for 26% of the total population, while the capital, Riyadh,
was in second place with 25%. The results of the research of EXCPR CO. indicate
that the third and fourth positions were shared by the Eastern region and Asir
by 15% and 7%, respectively. The following illustration shows the distribution
of the provinces of Saudi Arabia to the proportion of the total population. As
explained, more than half of Saudi Arabia's population is located in the Makkah
and Riyadh regions.
GROWTH RATE
The volume of growth
is one of the main indicators that companies and business owners are constantly
interested in, in order to understand the future of the desired markets and
thus expand the business and direct the necessary production sources to manage
the business. The company's business results indicate that the annual
population growth rate across the Kingdom of Saudi Arabia - KSA- was 2.6% per
year, an annual increase of nearly 1 million people. Makkah is one of the
kingdom's fastest growing regions with a population of 2.9% annually, compared
with 2.8% for the Riyadh region. The following table shows the annual growth of
the governorates of Saudi Arabia.
THE FUTURE
Therefore, it is
expected that the population density of citizens and residents of Saudi Arabia
will change in the near future for several different reasons, what we are
interested in here is the future proportion of these consumers in each
geographical sector. Therefore, Saudi Arabia's population is expected to
increase in 2030 to 45.4 million, which requires overcoming all efforts and
possibilities such as infrastructure, housing, food and other needs to secure
their future. The Saudi market can thus be considered a promising future in
which the population will increase significantly. As for the kingdom's various
provinces, the population of Makkah is expected to reach about 12.4 million in
2030 — as the current population of the Republic of Tunisia. The population of
the same year in the Eastern region and Al-Madinah (Medina) is expected to
reach 6.7 million and 2.9 million, respectively. The following table shows the
population expected to reach 2030 in the kingdom's governorates:
Finally, the
demographics in Saudi Arabia indicate the trend from small cities and different
villages to major and large cities during the next phase, especially in light
of the urban renaissance and the development witnessed by the Kingdom towards
achieving the Saudi vision 2030. On the other hand, this anticipated increase
in the population of Saudi Arabia requires keeping pace with the amplification
of the kingdom's GDP by seeking more sources of income away from oil and its
derivatives. The report also shows that the proportion of the male population
in Saudi Arabia is growing relatively, which increased from 57.2% to 57.7%
between 2009 and 2019, compared to 42.3% for females. Finally, the expected
increase in the population of Saudi Arabia during the next phase, and
investment in the human element, in addition to diversifying the sources of the
kingdom's national income, are a component of building the modern state and
thus achieving the desired prosperity and attracting more capital, especially
foreign ones, to Saudi Arabia.
Business
sustainability
P.O.
BOX 21407 – Safat 13075 Kuwait
+965
600-excpr (600-39277)
