About Saudi Arabia
Quick Facts
- Population
- 26,939,583 (July 2013 est.)
- Area
- 2,149,690 sq km
- ISO Code
- SA
- Continent
- Asia
- Government
- monarchy
- Active Causes
- 12
Asia
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harsh, dry desert with great temperature extremes
mostly uninhabited, sandy desert
petroleum, natural gas, iron ore, gold, copper
desertification; depletion of underground water resources; the lack of perennial rivers or permanent water bodies has prompted the development of extensive seawater desalination facilities; coastal po...
Arabic (official)
Muslim (official) 100%
4.3% of GDP (2010) of GDP
5.6% of GDP (2008) of GDP
Saudi Arabia has an oil-based economy with strong government controls over major economic activities. It possesses about 17% of the world's proven petroleum reserves, ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 80% of budget revenues, 45% of GDP, and 90% of export earnings. Saudi Arabia is encouraging the growth of the private sector in order to diversify its economy and to employ more Saudi nationals. Diversification efforts are focusing on power generation, telecommunications, natural gas exploration, and petrochemic...
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