arabia Saudi Arabia Competitiveness Rank By tradingeconomics.com Published On :: Wed, 09 Oct 2019 17:48:00 GMT Saudi Arabia is the 36 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Saudi Arabia averaged 27.58 from 2008 until 2019, reaching an all time high of 41 in 2017 and a record low of 17 in 2012. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Saudi Arabia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia Gold Reserves By tradingeconomics.com Published On :: Fri, 01 Nov 2019 17:05:00 GMT Gold Reserves in Saudi Arabia remained unchanged at 323.07 Tonnes in the fourth quarter of 2019 from 323.07 Tonnes in the third quarter of 2019. Gold Reserves in Saudi Arabia averaged 250.94 Tonnes from 2000 until 2019, reaching an all time high of 323.10 Tonnes in the third quarter of 2018 and a record low of 142.95 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Saudi Arabia Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Ease of Doing Business in Saudi Arabia By tradingeconomics.com Published On :: Mon, 11 Nov 2019 17:36:00 GMT Saudi Arabia is ranked 62 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Saudi Arabia improved to 62 in 2019 from 92 in 2018. Ease of Doing Business in Saudi Arabia averaged 51.50 from 2008 until 2019, reaching an all time high of 96 in 2015 and a record low of 10 in 2010. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Saudi Arabia. Full Article
arabia Saudi Arabia Employed Persons By tradingeconomics.com Published On :: Wed, 20 Nov 2019 10:57:00 GMT The number of employed persons in Saudi Arabia decreased to 10085.90 Thousand in 2018 from 11168.50 Thousand in 2017. Employed Persons in Saudi Arabia averaged 8883.87 Thousand from 2001 until 2018, reaching an all time high of 11641.40 Thousand in 2016 and a record low of 6167 Thousand in 2001. This page provides - Saudi Arabia Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Unemployed Persons By tradingeconomics.com Published On :: Wed, 20 Nov 2019 10:58:00 GMT The number of unemployed persons in Saudi Arabia increased to 1002855 in the second quarter of 2019 from 945323 in the first quarter of 2019. Unemployed Persons in Saudi Arabia averaged 721668.12 from 2007 until 2019, reaching an all time high of 1002855 in the second quarter of 2019 and a record low of 437648 in the fourth quarter of 2008. This page provides - Saudi Arabia Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Fiscal Expenditure By tradingeconomics.com Published On :: Wed, 20 Nov 2019 11:14:00 GMT Fiscal Expenditure in Saudi Arabia increased to 1030415 SAR Million in 2018 from 929999 SAR Million in 2017. Fiscal Expenditure in Saudi Arabia averaged 339251.53 SAR Million from 1969 until 2018, reaching an all time high of 1109903 SAR Million in 2014 and a record low of 6028 SAR Million in 1969. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Saudi Arabia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Government Budget By tradingeconomics.com Published On :: Wed, 20 Nov 2019 11:16:00 GMT Saudi Arabia recorded a Government Budget deficit equal to 9.20 percent of the country's Gross Domestic Product in 2018. Government Budget in Saudi Arabia averaged 1.21 percent of GDP from 1969 until 2018, reaching an all time high of 43.17 percent of GDP in 1973 and a record low of -25.27 percent of GDP in 1987. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Saudi Arabia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Government Budget Value By tradingeconomics.com Published On :: Wed, 20 Nov 2019 11:17:00 GMT Saudi Arabia recorded a government budget deficit of 135704 SAR Million in 2018. Government Budget Value in Saudi Arabia averaged 12381.14 SAR Million from 1969 until 2018, reaching an all time high of 580924 SAR Million in 2008 and a record low of -362229 SAR Million in 2015. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Saudi Arabia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Government Debt to GDP By tradingeconomics.com Published On :: Wed, 20 Nov 2019 11:17:00 GMT Saudi Arabia recorded a government debt equivalent to 19.10 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Saudi Arabia averaged 35.52 percent from 1999 until 2018, reaching an all time high of 103.50 percent in 1999 and a record low of 1.60 percent in 2014. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Saudi Arabia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Government Revenues By tradingeconomics.com Published On :: Wed, 20 Nov 2019 11:17:00 GMT Government Revenues in Saudi Arabia increased to 894711 SAR Million in 2018 from 691505 SAR Million in 2017. Government Revenues in Saudi Arabia averaged 351632.67 SAR Million from 1969 until 2018, reaching an all time high of 1247398 SAR Million in 2012 and a record low of 5668 SAR Million in 1969. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Saudi Arabia Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Terrorism Index By tradingeconomics.com Published On :: Wed, 20 Nov 2019 17:44:00 GMT Terrorism Index in Saudi Arabia decreased to 5.24 in 2018 from 5.48 in 2017. Terrorism Index in Saudi Arabia averaged 3.99 from 2002 until 2018, reaching an all time high of 5.81 in 2016 and a record low of 2.41 in 2010. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact). Full Article
arabia Saudi Arabia GDP Growth Rate By tradingeconomics.com Published On :: Tue, 03 Dec 2019 11:53:00 GMT The Gross Domestic Product (GDP) in Saudi Arabia contracted 0.70 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Saudi Arabia averaged 0.88 percent from 2010 until 2019, reaching an all time high of 8.40 percent in the fourth quarter of 2010 and a record low of -2 percent in the first quarter of 2017. Saudi Arabia has an oil-based economy. Shipments of oil account for 87 percent of total exports and for 46 percent of GDP. In recent years, in order to diversify the economy, the government has been investing in telecommunications, petrochemicals, natural gas exploitation and power generation sectors. This page provides - Saudi Arabia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Corruption Index By tradingeconomics.com Published On :: Thu, 23 Jan 2020 09:43:00 GMT Saudi Arabia scored 53 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Saudi Arabia averaged 43.35 Points from 2003 until 2019, reaching an all time high of 53 Points in 2019 and a record low of 33 Points in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Saudi Arabia Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia Corruption Rank By tradingeconomics.com Published On :: Thu, 23 Jan 2020 09:45:00 GMT Saudi Arabia is the 51 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Saudi Arabia averaged 61.53 from 2003 until 2019, reaching an all time high of 80 in 2008 and a record low of 46 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Saudi Arabia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia Corporate Tax Rate By tradingeconomics.com Published On :: Tue, 28 Jan 2020 15:31:00 GMT The Corporate Tax Rate in Saudi Arabia stands at 20 percent. Corporate Tax Rate in Saudi Arabia averaged 23.86 percent from 1999 until 2020, reaching an all time high of 45 percent in 1999 and a record low of 20 percent in 2006. In Saudi Arabia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Saudi Arabia. This page provides - Saudi Arabia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Personal Income Tax Rate By tradingeconomics.com Published On :: Tue, 28 Jan 2020 15:32:00 GMT The Personal Income Tax Rate in Saudi Arabia stands at 0 percent. In Saudi Arabia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Saudi Arabia. This page provides - Saudi Arabia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Social Security Rate By tradingeconomics.com Published On :: Tue, 28 Jan 2020 15:34:00 GMT The Social Security Rate in Saudi Arabia stands at 22 percent. Social Security Rate in Saudi Arabia averaged 20.67 percent from 2006 until 2020, reaching an all time high of 22 percent in 2016 and a record low of 20 percent in 2007. In Saudi Arabia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Saudi Arabia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Saudi Arabia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Social Security Rate For Companies By tradingeconomics.com Published On :: Tue, 28 Jan 2020 15:34:00 GMT The Social Security Rate For Companies in Saudi Arabia stands at 12 percent. Social Security Rate For Companies in Saudi Arabia averaged 11.33 percent from 2006 until 2020, reaching an all time high of 12 percent in 2016 and a record low of 11 percent in 2007. In Saudi Arabia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Saudi Arabia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Saudi Arabia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Social Security Rate For Employees By tradingeconomics.com Published On :: Tue, 28 Jan 2020 15:35:00 GMT The Social Security Rate For Employees in Saudi Arabia stands at 10 percent. Social Security Rate For Employees in Saudi Arabia averaged 9.33 percent from 2006 until 2020, reaching an all time high of 10 percent in 2016 and a record low of 9 percent in 2007. In Saudi Arabia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Saudi Arabia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Saudi Arabia Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Sales Tax Rate - VAT By tradingeconomics.com Published On :: Tue, 28 Jan 2020 15:36:00 GMT The Sales Tax Rate in Saudi Arabia stands at 5 percent. In Saudi Arabia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Saudi Arabia. This page provides - Saudi Arabia Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Business Confidence By tradingeconomics.com Published On :: Wed, 26 Feb 2020 17:21:00 GMT Business Confidence in Saudi Arabia increased to 3 in the second quarter of 2016 from -12 in the first quarter of 2016. Business Confidence in Saudi Arabia averaged 30.10 from 2009 until 2016, reaching an all time high of 63 in the third quarter of 2011 and a record low of -12 in the first quarter of 2016. Business Confidence in Saudi Arabia is reported by the Dun & Bradstreet. In Saudi Arabia, the Business Optimism Index (BOI) assesses the level of optimism that business executives in the hydrocarbon sector have about current and expected developments regarding sales, profits, selling prices, orders, inventories and employment. The index is based on a sample which includes business executives from Saudi Arabia´s mining, oil and gas companies. Business confidence is measured on a scale of -100 to 100, where levels above 0 indicate optimism, 0 neutrality and below 0 pessimism. This page provides - Saudi Arabia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Tourism Revenues By tradingeconomics.com Published On :: Wed, 04 Mar 2020 18:49:00 GMT Tourism Revenues in Saudi Arabia increased to 16975 USD Million in 2018 from 15020 USD Million in 2017. Tourism Revenues in Saudi Arabia averaged 8721.69 USD Million from 2003 until 2018, reaching an all time high of 16975 USD Million in 2018 and a record low of 3418 USD Million in 2003. This page provides - Saudi Arabia Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Tourist Arrivals By tradingeconomics.com Published On :: Wed, 04 Mar 2020 18:51:00 GMT Tourist Arrivals in Saudi Arabia decreased to 17570 Thousand in 2018 from 18607 Thousand in 2017. Tourist Arrivals in Saudi Arabia averaged 14506.42 Thousand from 2000 until 2018, reaching an all time high of 23010 Thousand in 2014 and a record low of 6585 Thousand in 2000. This page provides - Saudi Arabia Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia GDP By tradingeconomics.com Published On :: Fri, 06 Mar 2020 17:21:00 GMT The Gross Domestic Product (GDP) in Saudi Arabia was worth 785 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Saudi Arabia represents 0.65 percent of the world economy. GDP in Saudi Arabia averaged 254.09 USD Billion from 1968 until 2019, reaching an all time high of 785 USD Billion in 2019 and a record low of 4.19 USD Billion in 1968. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Saudi Arabia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Population By tradingeconomics.com Published On :: Wed, 11 Mar 2020 18:22:00 GMT The total population in Saudi Arabia was estimated at 34.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Saudi Arabia had a population of 4.0 million people. The population of Saudi Arabia represents 0.41 percent of the world´s total population which arguably means that one person in every 248 people on the planet is a resident of Saudi Arabia. This page provides - Saudi Arabia Population - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Food Inflation By tradingeconomics.com Published On :: Sun, 29 Mar 2020 17:32:00 GMT Cost of food in Saudi Arabia increased 3.40 percent in February of 2020 over the same month in the previous year. Food Inflation in Saudi Arabia averaged 1.58 percent from 2012 until 2020, reaching an all time high of 7.50 percent in January of 2013 and a record low of -3.20 percent in January of 2017. This page provides - Saudi Arabia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Current Account By tradingeconomics.com Published On :: Sun, 29 Mar 2020 18:52:00 GMT Saudi Arabia recorded a Current Account surplus of 12417 USD Million in the fourth quarter of 2019. Current Account in Saudi Arabia averaged 13033.36 USD Million from 1971 until 2019, reaching an all time high of 90060.70 USD Million in the fourth quarter of 2005 and a record low of -27509.30 USD Million in the fourth quarter of 1991. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Capital Flows By tradingeconomics.com Published On :: Sun, 29 Mar 2020 18:54:00 GMT Saudi Arabia recorded a capital and financial account surplus of 11229 USD Million in the fourth quarter of 2019. Capital Flows in Saudi Arabia averaged 6285.58 USD Million from 1961 until 2019, reaching an all time high of 102296.29 USD Million in the fourth quarter of 2008 and a record low of -49295 USD Million in the fourth quarter of 2004. This page provides - Saudi Arabia Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Foreign Direct Investment - Net Inflows By tradingeconomics.com Published On :: Sun, 29 Mar 2020 18:55:00 GMT Foreign Direct Investment in Saudi Arabia increased by 1041 USD Million in the fourth quarter of 2019. Foreign Direct Investment in Saudi Arabia averaged 3909.75 USD Million from 2006 until 2019, reaching an all time high of 11746.54 USD Million in the fourth quarter of 2010 and a record low of 264 USD Million in the fourth quarter of 2017. This page provides - Saudi Arabia Foreign Direct Investment, Net Inflows - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Balance of Trade By tradingeconomics.com Published On :: Sun, 29 Mar 2020 18:59:00 GMT Saudi Arabia recorded a trade surplus of 121276 Million SAR in the fourth quarter of 2019. Balance of Trade in Saudi Arabia averaged 125883.25 Million SAR from 1968 until 2019, reaching an all time high of 454159 Million SAR in the fourth quarter of 2005 and a record low of 3898 Million SAR in the fourth quarter of 1986. Saudi Arabia has been recording trade surpluses since 1968 due to shipments of oil (87 percent of total exports). Main imports are: machinery, mechanical appliances and electrical equipment; transport equipment and parts thereof and base metals. Main trading partners are: United States (14 percent of total exports and 12.6 percent of imports), China (12 percent of exports and 13 percent of imports) and Japan (13 percent of exports and 6 percent of imports). Others include: South Korea, United Arab Emirates, India and Germany. This page provides - Saudi Arabia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Exports By tradingeconomics.com Published On :: Sun, 29 Mar 2020 19:01:00 GMT Exports in Saudi Arabia increased to 238528 Million SAR in the fourth quarter of 2019 from 235077 Million SAR in the third quarter of 2019. Exports in Saudi Arabia averaged 226398.85 Million SAR from 1968 until 2019, reaching an all time high of 677144 Million SAR in the fourth quarter of 2005 and a record low of 9118 Million SAR in the fourth quarter of 1968. Saudi Arabia's economy is highly dependent on oil exports (87 percent of total exports) and the state-owned firm Aramco is the world's largest oil producing and exporting company. Main export partners are: United States (14 percent of total exports), Japan (13 percent), China (12 percent), South Korea (10 percent) and India (8 percent). Others include: United Arab Emirates, Bahrain, Singapore and Twain. This page provides - Saudi Arabia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Imports By tradingeconomics.com Published On :: Sun, 29 Mar 2020 19:02:00 GMT Imports in Saudi Arabia decreased to 117252 Million SAR in the fourth quarter of 2019 from 125847 Million SAR in the third quarter of 2019. Imports in Saudi Arabia averaged 100328.90 Million SAR from 1968 until 2019, reaching an all time high of 222985 Million SAR in the fourth quarter of 2005 and a record low of 2578 Million SAR in the fourth quarter of 1968. Saudi Arabia main imports are: machinery, mechanical appliances and electrical equipment (27 percent of total imports), transport equipment and parts thereof (16 percent), base metals (13 percent), chemicals and related products (9 percent) and vegetables (6 percent). Main import partners are: China (13 percent of total imports), United States (12.6 percent), Germany (7 percent) and Japan (6 percent). Others include: South Korea, United Arab Emirates, France and Italy. This page provides - Saudi Arabia Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia GDP per capita By tradingeconomics.com Published On :: Sun, 29 Mar 2020 19:40:00 GMT The Gross Domestic Product per capita in Saudi Arabia was last recorded at 20912 US dollars in 2019. The GDP per Capita in Saudi Arabia is equivalent to 166 percent of the world's average. GDP per capita in Saudi Arabia averaged 22443.96 USD from 1968 until 2019, reaching an all time high of 39152.10 USD in 1974 and a record low of 14252.60 USD in 1968. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Saudi Arabia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 30 Mar 2020 08:47:00 GMT The Gross Domestic Product (GDP) in Saudi Arabia contracted 0.30 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Saudi Arabia averaged 3.87 percent from 1969 until 2019, reaching an all time high of 24.20 percent in the fourth quarter of 1973 and a record low of -20.70 percent in the fourth quarter of 1982. Saudi Arabia is the world´s biggest producer of oil and oil extraction accounts for 46 percent of GDP. The services sector represents 36 percent of the wealth including government services (13 percent), wholesale and retail trade and restaurants and hotels (8 percent) and financing, insurance and real estate (7.9 percent). Other sectors are: manufacturing (10 percent), construction and electricity, gas and water distribution (6 percent) and agriculture, forestry and fishing (2 percent). This page provides the latest reported value for - Saudi Arabia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP Deflator By tradingeconomics.com Published On :: Mon, 30 Mar 2020 08:47:00 GMT GDP Deflator in Saudi Arabia increased to 112.10 points in 2018 from 100.53 points in 2017. GDP Deflator in Saudi Arabia averaged 54.05 points from 1970 until 2018, reaching an all time high of 120.17 points in 2012 and a record low of 5 points in 1970. This page provides - Saudi Arabia Gdp Deflator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Government Spending By tradingeconomics.com Published On :: Mon, 30 Mar 2020 12:20:00 GMT Government Spending in Saudi Arabia increased to 211055 SAR Million in the fourth quarter of 2019 from 173466 SAR Million in the third quarter of 2019. Government Spending in Saudi Arabia averaged 143542.06 SAR Million from 2008 until 2019, reaching an all time high of 212452 SAR Million in the fourth quarter of 2017 and a record low of 76217 SAR Million in the first quarter of 2008. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Gross Fixed Capital Formation By tradingeconomics.com Published On :: Mon, 30 Mar 2020 12:22:00 GMT Gross Fixed Capital Formation in Saudi Arabia increased to 168780 SAR Million in the fourth quarter of 2019 from 156173 SAR Million in the third quarter of 2019. Gross Fixed Capital Formation in Saudi Arabia averaged 148159.38 SAR Million from 2008 until 2019, reaching an all time high of 199621 SAR Million in the fourth quarter of 2014 and a record low of 101572 SAR Million in the second quarter of 2009. This page provides the latest reported value for - Saudi Arabia Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia Real Estate Price Index By tradingeconomics.com Published On :: Mon, 30 Mar 2020 13:05:00 GMT Housing Index in Saudi Arabia increased to 80.40 points in the fourth quarter of 2019 from 80.10 points in the third quarter of 2019. Housing Index in Saudi Arabia averaged 89.45 points from 2014 until 2019, reaching an all time high of 101.60 points in the fourth quarter of 2014 and a record low of 80.10 points in the first quarter of 2019. The Real Estate Price Index in Saudi Arabia measures the changes in the real estate prices in three main sectors: Residential Sector (65%, includes residential plots, residential buildings, villas, apartments and houses); Commercial Sector (31%, covers commercial plots, commercial buildings, galleries/shops, and malls) and Agricultural Sector (4%, the agrarian lands). This page provides - Saudi Arabia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Current Account to GDP By tradingeconomics.com Published On :: Mon, 30 Mar 2020 13:08:00 GMT Saudi Arabia recorded a Current Account surplus of 6.30 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Saudi Arabia averaged 3.98 percent from 1980 until 2019, reaching an all time high of 28.50 percent in 2005 and a record low of -21 percent in 1991. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Saudi Arabia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Consumer Spending By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:38:00 GMT Consumer Spending in Saudi Arabia increased to 293383 SAR Million in the fourth quarter of 2019 from 290242 SAR Million in the third quarter of 2019. Consumer Spending in Saudi Arabia averaged 215476.69 SAR Million from 2008 until 2019, reaching an all time high of 293383 SAR Million in the fourth quarter of 2019 and a record low of 129890 SAR Million in the fourth quarter of 2008. This page provides - Saudi Arabia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia GDP Constant Prices By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:39:00 GMT GDP Constant Prices in Saudi Arabia increased to 684959 SAR Million in the fourth quarter of 2019 from 651392 SAR Million in the third quarter of 2019. GDP Constant Prices in Saudi Arabia averaged 913841.80 SAR Million from 1970 until 2019, reaching an all time high of 1925394.03 SAR Million in the fourth quarter of 2008 and a record low of 476504.51 SAR Million in the second quarter of 2010. This page provides the latest reported value for - Saudi Arabia GDP Constant Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP From Agriculture By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:40:00 GMT GDP From Agriculture in Saudi Arabia decreased to 13514 SAR Million in the fourth quarter of 2019 from 15493 SAR Million in the third quarter of 2019. GDP From Agriculture in Saudi Arabia averaged 13531.68 SAR Million from 2010 until 2019, reaching an all time high of 16228 SAR Million in the second quarter of 2019 and a record low of 10354 SAR Million in the fourth quarter of 2010. This page provides the latest reported value for - Saudi Arabia Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP From Construction By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:40:00 GMT GDP From Construction in Saudi Arabia increased to 30542 SAR Million in the fourth quarter of 2019 from 30093 SAR Million in the third quarter of 2019. GDP From Construction in Saudi Arabia averaged 28107.80 SAR Million from 2010 until 2019, reaching an all time high of 31972 SAR Million in the first quarter of 2015 and a record low of 21969 SAR Million in the fourth quarter of 2010. This page provides the latest reported value for - Saudi Arabia Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP From Manufacturing By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:41:00 GMT GDP From Manufacturing in Saudi Arabia increased to 78503 SAR Million in the fourth quarter of 2019 from 77996 SAR Million in the third quarter of 2019. GDP From Manufacturing in Saudi Arabia averaged 69789.75 SAR Million from 2010 until 2019, reaching an all time high of 81493 SAR Million in the first quarter of 2018 and a record low of 53468 SAR Million in the second quarter of 2010. This page provides the latest reported value for - Saudi Arabia Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP From Mining By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:41:00 GMT GDP From Mining in Saudi Arabia increased to 256721 SAR Million in the fourth quarter of 2019 from 248926 SAR Million in the third quarter of 2019. GDP From Mining in Saudi Arabia averaged 244524.60 SAR Million from 2010 until 2019, reaching an all time high of 268793 SAR Million in the fourth quarter of 2018 and a record low of 189221 SAR Million in the first quarter of 2010. This page provides the latest reported value for - Saudi Arabia Gdp From Mining - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP From Transport By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:42:00 GMT GDP From Transport in Saudi Arabia increased to 43371 SAR Million in the fourth quarter of 2019 from 39607 SAR Million in the third quarter of 2019. GDP From Transport in Saudi Arabia averaged 34130.98 SAR Million from 2010 until 2019, reaching an all time high of 43371 SAR Million in the fourth quarter of 2019 and a record low of 24028 SAR Million in the third quarter of 2010. This page provides the latest reported value for - Saudi Arabia Gdp From Transport - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia GDP From Utilities By tradingeconomics.com Published On :: Tue, 31 Mar 2020 16:42:00 GMT GDP From Utilities in Saudi Arabia decreased to 5903 SAR Million in the fourth quarter of 2019 from 14382 SAR Million in the third quarter of 2019. GDP From Utilities in Saudi Arabia averaged 7839.40 SAR Million from 2010 until 2019, reaching an all time high of 15218 SAR Million in the third quarter of 2018 and a record low of 3141 SAR Million in the first quarter of 2010. This page provides the latest reported value for - Saudi Arabia Gdp From Utilities - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia Unemployment Rate By tradingeconomics.com Published On :: Mon, 13 Apr 2020 07:00:00 GMT Unemployment Rate in Saudi Arabia decreased to 5.50 percent in the third quarter of 2019 from 5.60 percent in the second quarter of 2019. Unemployment Rate in Saudi Arabia averaged 5.62 percent from 1999 until 2019, reaching an all time high of 6.30 percent in the fourth quarter of 2006 and a record low of 4.35 percent in the fourth quarter of 1999. In Saudi Arabia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Saudi Arabia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
arabia Saudi Arabia Crude Oil Production By tradingeconomics.com Published On :: Thu, 16 Apr 2020 13:17:00 GMT Crude Oil Production in Saudi Arabia decreased to 9733 BBL/D/1K in March from 9784 BBL/D/1K in February of 2020. Crude Oil Production in Saudi Arabia averaged 8156.28 BBL/D/1K from 1973 until 2020, reaching an all time high of 11093 BBL/D/1K in November of 2018 and a record low of 2340 BBL/D/1K in August of 1985. Saudi Arabia, is the world’s largest oil exporter, accounting for 10 percent of global oil supply. This page provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
arabia Saudi Arabia Consumer Confidence By tradingeconomics.com Published On :: Tue, 21 Apr 2020 13:50:00 GMT Consumer Confidence in Saudi Arabia increased to 121 points in the first quarter of 2020 from 119 points in the fourth quarter of 2019. Consumer Confidence in Saudi Arabia averaged 107.11 points from 2010 until 2020, reaching an all time high of 121 points in the first quarter of 2020 and a record low of 94 points in the fourth quarter of 2016. In Saudi Arabia, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Saudi Arabia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article