Question

The Kingdom of Saudi Arabia is witnessing tangible economic prosperity and progress in all areas of social and economic development, which has led to a significant improvement in all human development indicators such as the standard of living, health and educational services, environmental conditions as well as the potential for comprehensive development.

The national economy during the period (1999-2010) achieved an average annual growth rate of 3.4%, with per capita income of about 61,875 Saudi riyals (16,500 US dollars) by the end of this period. Moreover, the diversification of the economic base has increased, with the share of the non-oil sectors accounting for about 75.7% of GDP in 2010, despite the remarkable growth of the oil sector in recent years.

The Saudi economy has also achieved increasing integration into the global economy, as the ratio of foreign trade in basic commodities to GDP reached about 80% with the beginning of the first year of the Ninth Plan (2010). With regard to the structure of foreign trade, the share of non-oil merchandise exports in total exports increased from about 8.5% in 2000 to about

14.3% in 2010.

On the other hand, the share of consumer goods imports in total imports decreased, which is an indication of the increased dependence on domestic products and the improvement in their competitiveness.

Answer 1

The Kingdom of Saudi Arabia is

What is Saudi Arabia famous for?

The Kingdom of Saudi Arabia is famous for oil, being the origin of Islam, Arabian horses, the largest sandy desert in the world (the Empty Quarter), the largest oasis in the world (Al-Ahsa), Arabic coffee, oil, countless palaces, veiled women, countless mosques, and Bedouins on horses. Bedouins on camels, Bedouins with falcons, dance moves with a sword, the holy city of Mecca and Medina, oil, and the Kaaba in the middle of the Sacred Mosque. And Saudi Arabia is the largest country in the world without a river.