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It possesses about 16% 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 87% of budget revenues, 42% 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. Approximately 6 million foreign workers play an important role in the Saudi economy, particularly in the oil and service sectors; at the same time, however, Riyadh is struggling to reduce unemployment among its own nationals. Saudi officials are particularly focused on employing its large youth population. In 2017, the Kingdom incurred a budget deficit estimated at 8. 3% of GDP, which was financed by bond sales and drawing down reserves.

62% (2021 est. 89% (2021 est. ) Birth rate14. 56 births/1, 000 population (2021 est. )22. 58 births/1, 000 population (2021 est. ) Death rate3. 39 deaths/1, 000 population (2021 est. )3. 25 deaths/1, 000 population (2021 est. ) Net migration rate5. 04 migrant(s)/1, 000 population (2021 est. )-0. 44 migrant(s)/1, 000 population (2021 est. ) Sex ratioat birth: 1. 05 male(s)/female0-14 years: 1. 04 male(s)/female15-24 years: 1. 09 male(s)/female25-54 years: 1. 52 male(s)/female55-64 years: 1. 61 male(s)/female65 years and over: 1. 12 male(s)/femaletotal population: 1.

)$47, 309 (2017 est. )note: data are in 2017 dollars$27, 299 (2019 est. )$28, 593 (2018 est. )$29, 082 (2017 est. )note: data are in 2017 dollars GDP - composition by sectoragriculture: 2. 6% (2017 est. )industry: 44. 2% (2017 est. )services: 53. )agriculture: 1. 8% (2017 est. )industry: 46. 4% (2017 est. )services: 51.

4 billion cubic meters (2017 est. )1. ) Population distributionhistorically a population that was mostly nomadic or semi-nomadic, the Saudi population has become more settled since petroleum was discovered in the 1930s; most of the economic activities - and with it the country's population - is concentrated in a wide area across the middle of the peninsula, from Ad Dammam in the east, through Riyadh in the interior, to Mecca-Medina in the west near the Red Seathe vast majority of the population is located in and around the Al Hagar Mountains in the north of the country; another smaller cluster is found around the city of Salalah in the far south; most of the country remains sparsely poplulated Demographics Population34, 783, 757 (July 2021 est. )note: immigrants make up 38.

) Major cities - population7. 388 million RIYADH (capital), 4. 697 million Jeddah, 2. 079 million Mecca, 1. 518 million Medina, 1. 279 million Ad Dammam, 1. 279 million Hufuf-Mubarraz (2021)1. 590 million MUSCAT (capital) (2021) Maternal mortality rate17 deaths/100, 000 live births (2017 est. )19 deaths/100, 000 live births (2017 est. ) Health expenditures6. 4% (2018)4. 1% (2018) Physicians density2. 61 physicians/1, 000 population (2018)2 physicians/1, 000 population (2018) Hospital bed density2.

9% (2005 est. )agriculture: 4. 7% NAindustry: 49. 6% NAservices: 45% NA (2016 est. ) Unemployment rate6% (2017 est. )5. 6% (2016 est. )note: data are for total population; unemployment among Saudi nationals is more than doubleNA Budgetrevenues: 181 billion (2017 est. )expenditures: 241. 8 billion (2017 est. )revenues: 22. 14 billion (2017 est. )expenditures: 31. 92 billion (2017 est.

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GDP (purchasing power parity)$1, 609, 323, 000, 000 (2019 est. )$1, 604, 007, 000, 000 (2018 est. )$1, 565, 891, 000, 000 (2017 est. )note: data are in 2017 dollars$135. 814 billion (2019 est. )$138. 089 billion (2018 est. )$135. 696 billion (2017 est. )note: data are in 2017 dollars GDP - real growth rate-0. 9% (2017 est. 7% (2016 est. )4. 1% (2015 est. )5% (2016 est. 7% (2015 est. ) GDP - per capita (PPP)$46, 962 (2019 est. )$47, 597 (2018 est.

) Population below poverty lineNANA Household income or consumption by percentage sharelowest 10%: NAhighest 10%: NAlowest 10%: NAhighest 10%: NA Inflation rate (consumer prices)-2% (2019 est. )-4. 1% (2019 est. 7% (2017 est. ) Labor force13. 8 million (2017 est. )note: comprised of 3. 1 million Saudis and 10. 7 million non-Saudis2. 255 million (2016 est. )note: about 60% of the labor force is non-national Labor force - by occupationagriculture: 6. 7%industry: 21. 4%services: 71.

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5 (2020 est. )total dependency ratio: 33. 3youth dependency ratio: 30elderly dependency ratio: 3. 3potential support ratio: 29. 9 (2020 est. ) Government Country nameconventional long form: Kingdom of Saudi Arabiaconventional short form: Saudi Arabialocal long form: Al Mamlakah al Arabiyah as Suudiyahlocal short form: Al Arabiyah as Suudiyahetymology: named after the ruling dynasty of the country, the House of Saud; the name "Arabia" can be traced back many centuries B. C., the ancient Egyptians referred to the region as "Ar Rabi"conventional long form: Sultanate of Omanconventional short form: Omanlocal long form: Saltanat Umanlocal short form: Umanformer: Sultanate of Muscat and Omanetymology: the origin of the name is uncertain, but it apparently dates back at least 2, 000 years since an "Omana" is mentioned by Pliny the Elder (1st century A.

In March 2015, Saudi Arabia led a coalition of 10 countries in a military campaign to restore the legitimate government of Yemen, which had been ousted by Huthi forces allied with former president ALI ABDULLAH al-Salih. The war in Yemen has drawn international criticism for civilian casualties and its effect on the country's dire humanitarian situation. In December 2015, then Deputy Crown Prince MUHAMMAD BIN SALMAN announced Saudi Arabia would lead a 34-nation Islamic Coalition to fight terrorism (it has since grown to 41 nations). In May 2017, Saudi Arabia inaugurated the Global Center for Combatting Extremist Ideology (also known as "Etidal") as part of its ongoing efforts to counter violent extremism.

Montenegro vs Estonia H2H for 10 November 2022 12:00