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Saudi Arabia Economic Indicators

Contents extracted from the comprehensive atlas of international trade by Export Entreprises
Economic forecasts - General economic indicators - Investments - Foreign Trade

Economic forecasts Indicators

Indicators 2006 2007
GDP (USD billion) 363.7   403.4  
GDP (constant prices, annual % change) 5.8 6.5
GDP per capita (USD) 15352.2   16612.2     
Inflation, consumer prices (annual % change) 1 1


Source : IMF - World Economic Outlook Databases 

General economic indicators

Indicators 2003 2004 2005
GDP (USD billion) (1) 214.9   250.7   309.9  
GDP (constant prices, annual % change) (1) 7.7 5.3 6.6
GDP per capita (USD) (1) 9758   11055.8   13409.9  
Inflation, consumer prices (annual % change) (1) 0.6 0.4 0.7
Unemployment rate (%) (2) ..   ..   ..  
External debt (USD billion) (3) ..   ..   ..  
Official exchange rate per USD (period average) (3) 3.7507   3.7505   3.7506  
Sources : (1) IMF - World Economic Outlook Databases,(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators


GDP per activity sector 2003 2004 2005
Agriculture and fishing (%) 4.5   4   ..  
Industry and mining (%) 54.4   58.9     ..  
Services (%) 41.1   37.1     ..  
Sources : World Bank - World Development Indicators


Investments

Foreign Direct Investments 2003 2004 2005 World rank (*) 2005
FDI inflows (USD million) 778   1942   4 628   110/141
Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index. It is a measure of the extend to which a host country receives inward FDI relative to its economic size. It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.



Foreign Trade


General indicators

Indicators (USD billion) 2003 2004 2005
Imports of goods 36.9   44.5   56.1  
Export of goods 93.2   125.7   178.8  
Trade balance 47.2   69.6   106.2  
Current account 28   51.9   87.1  
Sources : World Bank - World Development Indicators




Indicators (%) 2003 2004 2005
Share of foreign trade in GDP 70.2   77.5   87.1  
Share of imports of goods and services in GDP 24.1   24.9   26.4  
Share of exports of goods and services in GDP 46.1   52.7   60.7  
Imports of goods and services (annual % change) 11.5   ..   ..  
Exports of goods and services (annual % change) 20   ..   ..  
Sources : World Bank - World Development Indicators


Trade in goods/services by major category

2004 Imports Exports
Total Trade in Goods (USD billion):     44.5     125.7    
Agricultural raw materials ..   ..  
Food products ..   ..  
Hydrocarbons ..   ..  
Manufactured products (chemicals, machines,...) ..   ..  
Ores and metals ..   ..  


2004 Imports Exports
Total Trade in Services (USD billion): 11.1   5.9  
Transport 30.1   ..  
Tourisme ..   ..  
Sources : World Bank - World Development Indicators


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


Trade by partner countries


Main suppliers
(% of imports)
USA   14.8%  
Japan   9.0%  
Germany   8.2%  
China   7.4%  
United Kingdom   4.7%  
Sources : Comtrade, 2005.




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