تعبير بالانجليزي عن بلدي
موضوع عن السعودية بالانجليزي مترجم
تعبير انجليزي قصير عن المملكة العربية السعودية
اكتب تعبير عن بلدك
تعبير بااللغه الانجلزيه عن المملكه العربيه السعوديه
تعبير باللغة الانجليزية عن السعودية
تعبير بالانجليزي عن بلدي
تعبير عن المملكه العربيه السعوديه مختصر
تعبير عن الوطن بالانجليزي قصير جدا
تعبير عن الثقافة السعودية بالانجليزي
 my country saudi arabia تعبير
موضوع عن المملكة العربية السعودية قصير جدا
خمس جمل عن السعوديه بالانجليزي
برزنتيشن عن السعودية بالانجليزي
مقال عن السعودية



Saudi Arabia is the leading economic power in the Middle East and the richest Arab country. The policy of major government-led work and foreign direct investment and the solidity of the banking and financial system have enabled the country to become the leading regional economy and one of the world's leading economies. But the economy of the kingdom is almost entirely based on oil and the fall in oil prices has led to a slowdown in growth. After reaching 3.5% GDP by 2015, Saudi economic growth has declined sharply in 2016, reaching an estimated 1.2% of GDP. A gradual recovery is expected in 2017, supported by the rise in oil prices.

In 2016, Saudi economic activity continued to slow due to low oil prices, reaching its lowest level since the recession in 2009. Government revenues continued to contract and non-oil revenues were constrained by Slowdown in non-oil activity. The government pursued a rigorous policy of fiscal cuts, wage freezes, and suspension of investment projects, resulting in reduced spending. The government deficit reached 14.1% GDP, up sharply from 2015 but below the forecast. Public debt (14% GDP) has risen sharply but remains sustainable due to Saudi reserves. Faced with the erosion of the latter, the authorities launched for the first time a loan of 17 billion USD on the international financial markets. In April, the government presented its Saudi Vision 2030 development plan and announced the launch of a privatization program, including the Aramco oil monopoly. The 2020 National Transformation Program was launched a month later, with the objective of increasing non-oil revenues, creating jobs and increasing women's participation in the labor market. The 2017 budget puts an end to the austerity policy and provides for measures to support growth. The Vienna agreement signed by the various OPEC members is expected to result in a slight increase in oil prices. The major challenge facing the government is the security threat posed by conflicts in border countries. In 2016, tensions with Iran increased.

The standard of living is one of the highest in the region with a GDP per capita of more than 20,000 USD. The country is still marked by an unemployment rate of around 12%, mainly affecting young people, and high inequalities.

Main sectors of activity

Agriculture accounts for about 2% of the country's GDP and employs nearly 5% of the working population. It is an unproductive sector despite massive investments by the state. Saudi Arabia, due to geographic and climatic constraints on its relief (drought), imports most of its agricultural and agri-food needs. Water scarcity is a serious regional problem that the country faces in the coming years, as the cultivation of wheat is a major threat to the depletion of water supplies.

The industrial sector accounts for more than 45% of GDP. It is dominated by non-manufacturing activities (oil extraction). The country has the largest oil reserves in the world and is also the world's largest oil producer and exporter. Oil accounts for more than 90% of the country's exports and nearly 80% of the government's revenues. The share of the non-oil industrial sector is growing due to the Saudi state's investments in diversifying the economy.

Finally, services account for more than 50% of GDP and employ a large majority of the population. This sector is mainly dominated by tourism, financial and banking services, as well as insurance. Tourism generates very large revenues (nearly 4 million tourists per year), exclusively thanks to the pilgrimage to Mecca.

More information on the "Market Analyzes about Saudi Arabia" page of Globaltrade.net, the Directory for International Trade Service Providers.

Trade

Saudi Arabia is the world's 22rd largest exporter of goods and the 27th largest importer of goods in the world. Trade accounts for more than 70% of its GDP (2015). The country's trade balance, structurally in surplus, fluctuates with oil prices and world demand. Due to falling oil prices, the trade surplus continued to decline in 2015 to USD 47.3 billion from USD 184 billion in the previous year. Exports fell by more than 40%, while imports fell by only 2.2%. According to preliminary estimates, the trade surplus has further reduced in 2016

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