Download Saudi Arabia

Saudi Arabia Country Profile
Saudi Arabia
Country Profile
Politics
Economy
Trade & Industries
General Profile
Total area
Population
Population World (in Billion)
Government type
Chief of state
Head of government
Capital
Climate
Language
Major City
2,149,690 Km²
26,534,504
2008
2009
2010
6.7
6.8
6.9
Monarchy
King and Prime Minister ABDALLAH bin Abd al-Aziz Al Saud
King and Prime Minister ABDALLAH bin Abd al-Aziz Al Saud
Riyadh
Harsh, dry desert with great temperature extremes
Arabic
Riyadh, Jeddah, Mecca, Medina, Ad Dammam
Economy Profile
GDP – Composition by sector
Inflation
Exchanges Rates
Primary Economy Sector
2009
2010
-5%
9%
58.1
63.3
0.1%
4.1%
$676.7 billion
$24,000
agriculture: 2.1%
industry: 67.6%
services: 30.4%
5% (2011)
1 USD = 3.75 Saudi riyals (SAR)
2011
6.5%
crude oil production, petroleum refining, ammonia,
industrial gases, sodium hydroxide, fertilizers, cement,
plastics, metals, construction, commercial ship and
Chapter: General Profile
World GDP Growth
World GDP (in Trillions)
Saudi ArabiaGDP Growth
GDP
GDP – Per capita
1
Chapter: Economy Profile
Unemployment Rate
aircraft repair
10.9%
2
Ad Dammam, Al Jubayl, Jeddah, Yanbu al Bahr
International Airports




Election results
None, the monarchy is hereditary
Ministry Name
 Min. of Agriculture : Fahd bin Abd al-Rahman bin Sulayman
BALGHUNAYM
 Min. of Civil Service : Abdallah bin Abd al-Rahman al-BARRAK
 Min. of Commerce & Industry : Tawfiq bin Fawzan al-RABIAH
 Min. of Communications & Information Technology :
Muhammad bin Jamil bin Ahmad MULLA
 Min. of Culture & Information : Abd al-Aziz bin Muhi al-Din alKHUJA
 Min. of Defense : SALMAN bin Abd al-Aziz Al Saud
 Min. of Economy & Planning : Muhammad bin Sulayman alJASIR
 Min. of Education : FAYSAL BIN ABDALLAH bin Muhammad Al
Saud
 Min. of Finance : Ibrahim Abd al-Aziz al-ASSAF
 Min. of Foreign Affairs : SAUD al-Faysal bin Abd al-Aziz Al Saud
 Min. of Health : Abdallah al-RUBAY'A
 Min. of Higher Education : Khalid bin Muhammad al-ANQARI
 Min. of Housing : Shawaysh bin Saud al-DHUWAYHI
 Min. of Interior : NAYIF bin Abd al-Aziz Al Saud
 Min. for Islamic Affairs, Endowment, Call, & Guidance : Salih bin
Abd al-Aziz bin Muhammad bin Ibrahim AL al-SHAYKH
 Min. of Justice : Muhammad bin Abd al-Karim bin Abd al-Aziz
al-ISA
 Min. of Labor : Adil bin Muhammad bin Abd al-Qadir FAQIYAH
 Min. of Municipal & Rural Affairs : MANSUR bin Mitib bin Abd
al-Aziz Al Saud
 Min. of Petroleum & Mineral Resources : Ali Ibrahim al-NAIMI
 Min. of Pilgrimage Affairs & Religious Trusts : Bandar bin
Muhammad HAJJAR
 Min. of Social Affairs : Yusif bin Ahmad al-UTHAYMIN
 Min. of Transport : Jubarah bin Eid al-SURAYSIRI
 Min. of Water & Electricity : Abdallah bin Abd al-Rahman alHUSAYN
 Min. of State : ABD AL-AZIZ bin Fahd bin Abd al-Aziz Al Saud
Political parties and
leaders
None
King Abdulaziz International Airport
King Khalid International Airport
King Fahd International Airport
Prince Mohammad Bin Abdulaziz International Airport
Chapter: Ports and Terminals
Ports and Terminals
3



An income tax holiday of up to 10 years from the
commencement of commercial production.
Ownership of land according to the regulations
governing land ownership by non-Saudis.
For industrial projects, the same privileges as those
enjoyed by Saudi capital under the National Industries
Protection and Encouragement Regulations. These
include:
a. Exemption from customs duties on machinery,
Investment Policy
b.
c.
d.
e.
f.
equipment, tools and spare parts imported for
industrial products.
Exemption from customs duties on primary raw
materials, semi-finished goods, containers, etc.,
necessary for industrial projects (provided that
similar items are not sufficiently available locally).
Provision by the government of plots of land at a
nominal rate for factories and residential quarters
for workers.
Low electricity and water rates.
No restriction on repatriation of profits.
Preferential treatment for local products in
government procurement in addition to preferential
treatment accorded to national products by Arab
League and Saudi Arabian bilateral trade
Chapter: Saudi Arabia Economy Characteristics
Saudi Arabia Economy
Characteristics
Saudi Arabia has an oil-based economy with strong
government controls over major economic activities. It
possesses about 20% of the world's proven petroleum
reserves, ranks as the largest exporter of petroleum, and plays
a leading role in OPEC. The petroleum sector accounts for
roughly 80% of budget revenues, 45% of GDP, and 90% of
export earnings. Saudi Arabia is encouraging the growth of
the private sector in order to diversify its economy and to
employ more Saudi nationals. Diversification efforts are
focusing on power generation, telecommunications, natural
gas exploration, and petrochemical sectors. Almost 6 million
foreign workers play an important role in the Saudi economy,
particularly in the oil and service sectors, while Riyadh is
struggling to reduce unemployment among its own nationals.
Saudi officials are particularly focused on employing its large
youth population, which generally lacks the education and
technical skills the private sector needs. Riyadh has
substantially boosted spending on job training and education,
most recently with the opening of the King Abdallah
University of Science and Technology - Saudi Arabia's first
co-educational university. As part of its effort to attract
foreign investment, Saudi Arabia acceded to the WTO in
December 2005 after many years of negotiations. The
government has begun establishing six "economic cities" in
different regions of the country to promote foreign investment
and plans to spend $373 billion between 2010 and 2014 on
social development and infrastructure projects to advance
Saudi Arabia's economic development.
4
agreements.
International
organization
participation
ABEDA, AfDB (nonregional member), AFESD, AMF, BIS, FAO, G-20,
G-77, GCC, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IDB, IFAD, IFC, IFRCS,
IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM (observer), IPU, ISO,
ITSO, ITU, LAS, MIGA, NAM, OAPEC, OAS (observer), OIC, OPCW,
OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UNRWA, UNWTO,
UPU, WCO, WFTU, WHO, WIPO, WMO, WTOO
Saudi Arabia Potential
Agriculture and services sector
Main Industry
Biggest Company
Crude oil production, petroleum refining, basic petrochemicals,
ammonia, industrial gases, sodium hydroxide (caustic soda),
cement, fertilizer, plastics, metals, commercial ship repair,
commercial aircraft repair, construction
Saudi Basic Industries, Saudi Telecom, Saudi Electricity, Mobily,
Tasnee, Petro Rabigh, Saudi Arabian Mining
Referensi
http://www.indexmundi.com/saudi_arabia/economy_profile.html
https://www.cia.gov/library/publications/the-world-factbook/geos
http://www.saudia-online.com/foreign_investment.htm
Chapter: International organization participation
http://www.economywatch.com/world_economy/saudi_arabia/industry-sector-industries.html
5