PIF's 2025 annual report explained: What the numbers reveal about its growth and Saudi economy
RIYADH — Saudi Arabia's Public Investment Fund (PIF) recorded a sharp increase in profitability in 2025 while expanding its assets, domestic investments and contribution to the Kingdom's non-oil economy, according to its latest annual report.Revenue rose 9% to $120 billion, while net profit more than doubled to $17 billion, reflecting growth across PIF's portfolio and the increasing maturity of…
The Public Investment Fund (PIF) reported significant growth and impact on Saudi Arabia's economy in its 2025 annual report. Revenue increased by 9% to $120 billion, while net profit more than doubled to $17 billion, reflecting successful investments and diversification efforts. PIF's assets under management surpassed $900 billion, significantly expanding from $530 billion in 2021 and $150 billion in 2015.
The fund's revenue and profit growth indicate increasing contributions from its diversified portfolio as investments and companies mature. PIF invested $199 billion in domestic priority sectors, contributing over $342 billion to Saudi Arabia's non-oil GDP between 2021 and 2025. Key moves in 2025 included expanding AI capabilities with the launch of HUMAIN and the Expo 2030 Riyadh Company.
Major projects like NEOM Green Hydrogen and Qiddiya City reached key milestones, moving toward operations and revenue generation. PIF attracted international capital through partnerships with major financial institutions and the opening of new subsidiary offices in Paris, Beijing, and Shanghai. It diversified financing sources with the issuance of a euro-denominated green bond and a commercial paper program.
The private sector plays a growing role, with a Private Sector Forum held in 2025 to encourage localization and participation in emerging industries.
Written by urgent.news from Saudi Gazette Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
