GDP 1067.58 1108.57 USD Billion Dec 2023 GDP per Capita 21006.15 21478.82 USD Dec 2023 GDP per Capita PPP 49567.70 50683.03 USD Dec 2023Saudi Arabia GDP The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is...
high-income, oil-based Middle Eastern economy; OPEC leader; diversifying portfolio; declining per-capita incomes; young labor force; key human capital gaps; heavy bureaucracy and increasing corruption; substantial poverty; low innovation economy
The high rate of socioeconomic change can be seen in the high per capita income, rapid expansion of education and health facilities, variety of development projects, huge industrialization programmes and well-established infrastructural base and communications networks. The Kingdom is indeed blessed ...
In addition to population data, energy consumption, GDP, urbanization, per capita income (PCI), and foreign direct investment (FDI) were also collected and processed from the world bank repository [54]. To understand the trends in different data on Saudi Arabia, a scatter plot is provided in...
The kingdom's per capita income is about $54,000 (2019). Unemployment estimates range from about 10% to as high as 25%, although that includes only males. The Saudi government forbids the publication of poverty figures. Saudi Arabia's currency is the riyal. It is pegged to the US dolla...
(USDA), Saudi Arabia's food service sales are set to increase at an annual rate of around 8% in the coming years. This growth is primarily driven by an influx of expatriates, tourists, and religious visitors. Additionally, Saudi Arabia's strong per-capita income and purchasing power have ...
Bacon (2006) also used a sample of 131 countries and showed that the decline in GDP growth in industrialised countries with a per capita income of more than 900 dollars would only be 0.4%, while the same effect would be 4 in developing countries with a per capita GDP of less than 300 ...
Some studies have presented a contrasting relationship between income and diabetes prevalence, whereas others align with the present findings [5, 12]. For instance, Richards et al. [11] discovered that a 1% increase in per-capita income corresponds to a 0.92% increase in diabetes prevalence. ...
After the oil discovery, the economy had shifted pivotally that the national income reached $26.000 per capita, which was reflected in all life aspects (Al-Ankary and El-Bushra, 1989). Since then, Saudi Arabia has experienced a strong economic performance, which enabled a sustained growth ...
Qatar's oil and natural gas resources are the country's main economic engine and government revenue source, driving Qatar's high economic growth and per capita income levels, robust state spending on public entitlements, and booming construction spending, particularly as Qatar prepares to host the ...