CCBLA - Arab-Belgium-Luxemburg Chamber of Commerce - ABLCC

Country name : Kingdom of Saudi Arabia

Capital : Riyadh

Area : 2,149,690 km²

Population : 27,601,038 including 5,576,076 non-nationals (July 2007)

Density : 12.8 inhabitants/km²

Population growth rate : 2.06% (2007)

Age structure : 0-14 years : 38.2% - 15-64 years : 59.4% - 65 years and over : 2.4%

Life expectancy at birth : 75.88 years

Labour force : 6.48 million

Gross Domestic Product : US$572.2 billion (2007)

GDP – real growth rate : 4.7% (2007)

GDP – composition by sector : agriculture : 3% - industry : 61.8% - services : 35.2%

GDP – per capita : US$20,700 (2007)

Budget : revenues : US$193.7 billion - expenditures : US$122.2 billion (2007)

Industries : crude oil production, petroleum refining, basic petrochemicals, ammonia, industrial gases, caustic soda, cement, fertilisers, plastics, metals, ship repair, construction

Industrial production growth rate : 0.2% (2007)

Land use : arable land : 1.67% - permanent crops : 0.09% - other : 98.24%

Agricultural products : wheat, barley, tomatoes, melons, dates, citrus, mutton, chickens, eggs, milk

Exports : US$215 billion (2007)

Exports – commodities : petroleum and petroleum products

Exports – partners : Japan (17.7%), US (15.8%), South Korea (9%), China (7.2%), Taiwan (4.6%), Singapore (4.4%) (2006)

Imports : US$82.77 billion (2007)

Imports – commodities : machinery and equipment, foodstuffs, chemicals, motor vehicles, textiles

Imports – partners : US (12.2%), Germany (9.1%), China (7.9%), Japan (7.3%), UK (4.8%), Italy (4.8%), South Korea (4.1%) (2006)

Current account balance : US$88.89 billion (2007)

Reserves of foreign exchange & gold : US$34 billion (31 December 2007)

External debt : US$52.89 billion (31 December 2007)