B2B drives market demand, with B2B spending representing 64.8% of total demand in 2023. Saudi National Bank SNB is the largest company in Saudi Arabia, generating 21.6% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 61.7% of total production value in 2023. The total number of companies increases in 2023, to 578 units. The costs of the industry decrease by 2.9% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 74.6% of turnover in 2023, the highest regionally. With turnover of USD29.8 billion, Saudi Arabia accounts for 19.0% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Monetary Intermediation in Saudi Arabia: ISIC 651. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Monetary Intermediation in Saudi Arabia: ISIC 651 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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