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Saudi Arabia - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
314.195  
349.357  
Real GDP growth (constant prices)
6.0 % 
4.7 %
GDP per capita (USD)
13593.847  
14746.485  
Inflation rate
1.0 % 
1.0 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 188.6   212.6   250.6  
Real GDP growth (constant prices) 0.1 % 7.7 % 5.2 %
GDP per capita (USD) 8668   9066   9259  
Inflation rate 0.2 % 0.6 % 0.4 %
Unemployment rate 5.2%   ..   ..  
External debt (USD billion) ..   ..   ..  
Riyal rate on 12/31 (1 US$)   3.7507   3.7505   3.7506  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 5.1%   4.5%   ..  
Industry and mining 51.5%   55.2%     ..  
Services 43.4%   40.3%     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 453   778   1867   42 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 29.6   33.9   40.8  
Export of goods (f.o.b) 72.5   93.2   126.1  
Trade balance 42.8   59.4   85.2  
Balance of payments 11.9   28.0   51.5  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 65.0%   71.0%   ..  
Share of imports in GDP 23.8%   24.1%   ..  
Share of exports in GDP 41.2%   46.9%   ..  
Imports of goods and services (percent change) -2.8%   ..   ..  
Exports of goods and services (percent change) -8.1%   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     33.9     93.2    
Agricultural raw materials 1%   ..  
Food products 16%   ..  
Hydrocarbons 0%   ..  
Manufactured products (chemicals, machines,...) 79%   ..  
Ores and metals 3%   ..  
Other goods 1%   ..  


2003 Imports Exports
Total Trade in Services (USD billion): 21   6  
Transport 35%   ..  
Tourisme ..   ..  
Other services (insurance, financial services, telecommunications,...) ..   ..  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Brazil   15.8%  
Chile   12%  
USA   10.6%  
China   8.4%  
Spain   4.7%  

Main suppliers
(% of imports)
2004
USA   15%  
Japan   10.3%  
Germany   8.9%  
United Kingdom   5.9%  
China   5.9%  
Source : COMTRADE


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Last modified in October 2005
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