| Economy of Saudi Arabia |
| Currency |
Saudi Riyal (SAR) |
| Fiscal year |
calendar year |
| Trade organisations |
OPEC, WTO(Member as of December 2005) |
| Statistics [1] |
| GDP ranking |
31st (2004 est.) [2] |
| GDP |
$1,160,742 (2005) |
| GDP growth |
5% (2004) |
| GDP per capita |
$16,744 (2004) |
| GDP by sector |
agriculture (4.2%), industry (67.2%), services (28.6%) (2004) |
| Inflation |
0.8% (2004) |
| Pop below poverty line |
N/A |
| Labour force |
6.62 million note: more than 35% of the population in the 15-64 age group is non-national (2004) |
| Labour force by occupation |
agriculture (12%), industry (25%), services (63%)(1999) |
| Unemployment |
25% (unofficial estimate)(2004) |
| Main industries |
crude oil production, petroleum refining, basic petrochemicals, ammonia, industrial gases, sodium hydroxide (caustic soda), cement, construction, fertilizer, plastics, commercial ship repair, commercial aircraft repair |
| Trading Partners [3] |
| Exports |
$113bn (2004) |
| Export - Commodities |
petroleum and petroleum products |
| Main partners |
U.S. (19.3%), Japan (16.4%), South Korea (8.7%), the People's Republic of China (5.8%), Singapore (4.5%) (2004) |
| Imports |
$36.21bn (2004) |
| Import - Commodities |
machinery and equipment, foodstuffs, chemicals, motor vehicles, textiles |
| Main Partners |
U.S. (9.3%), Germany (6.8%), Japan (6.7%), UK (5.4%), the People's Republic of China (5%) |
| Public finances [4] |
| Public debt |
75% of GDP (2004) |
| Revenues |
$104.8 billion (2004) |
| Expenses |
$78.66 billion (2004) |
| Economic aid |
(Donor) $100 million in 1993 to Lebanon; since 2000, Saudi Arabia has committed $307 million to Palestinians; pledged $240 million to Afghanistan; pledged $1 billion in export guarantees and soft loans to Iraq. |
