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    Saudi Arabia

    Continent
    Asia
    Capital
    Riyadh
    Population
    36,544,431
    Sub-Zones
    13
    General Information
    Basic details about Saudi Arabia
    Population:
    36,544,431
    Area:
    2,149,690 sq km
    Currency:
    Saudi riyals
    Languages:
    Arabic
    Economic Overview
    Key economic indicators for Saudi Arabia
    GDP:
    $1.831 trillion
    GDP per Capita:
    $55,100
    GDP Growth:
    -0.75%
    Inflation:
    2.33%
    Unemployment:
    4.88%
    Public Debt:
    17.2% of GDP
    Credit Rating:
    A- (2016)
    Political System
    Governance structure of Saudi Arabia
    Government Type:
    absolute monarchy
    Head of State:
    King SALMAN bin Abd al-Aziz Al Saud (since 23 January 2015)
    Head of Government:
    Crown Prince and Prime Minister MUHAMMAD BIN SALMAN bin Abd al-Aziz Al Saud (since 27 September 2022)
    Judiciary:
    High Court (consists of the court chief and organized into circuits with 3-judge panels, except for the criminal circuit, which has a 5-judge panel for cases involving major punishments)
    Administrative Divisions:
    13 regions (manatiq, singular - mintaqah); Al Bahah, Al Hudud ash Shamaliyah (Northern Border), Al Jawf, Al Madinah al Munawwarah (Medina), Al Qasim, Ar Riyad (Riyadh), Ash Sharqiyah (Eastern), 'Asir, Ha'il, Jazan, Makkah al Mukarramah (Mecca), Najran, Tabuk

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    Yes
    Diplomatic Presence:
    601 New Hampshire Avenue NW, Washington, DC 20037

    Major Alliances and Organizations

    BRICS
    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    2.7% (2023 est.)
    Industry
    47% (2023 est.)
    Services
    44.9% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $370.974 billion
    Imports:
    $291.565 billion

    Major Trading Partners

    China 21
    India 12
    Japan 12
    USA 6
    UAE 4

    Economic Outlook

    Saudi Arabia has a -0.75% GDP growth rate with 2.33% inflation. The economy is characterized by a strong agriculture sector.