Regulatory Efficiency Business Freedom 72. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. World Population Prospects, 2 United Nations Statistical Division. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods. From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. World Population Prospects, 2 United Nations Statistical Division.
World Population Prospects, 2 United Nations Statistical Division. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Household final consumption expenditure is the market value of all goods and services, including durable products such as cars, washing machines, and home computers , purchased by households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. These figures are calculated on an exchange rate basis, i. Note: this source is continually updated. Data are in current U.
Data are in current U. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Per capita figures expressed per 1 population. It is worth noting that such indices are based on highly culturally contingent factors. As the country is home to the and among the countries with the largest percentage of the economy has become largely dependent on income from these resources and changing market prices directly affect the economy.
Saudi Arabia is the 27th largest export economy in the world. If oil and gas prices remain low, Saudi Arabia will need to reduce its capital spending. Figures expressed per capita for the same year. Data are in current local currency. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries.
The government has undertaken a high-profile crackdown on corruption and is pursuing ambitious economic and social reforms aimed in part at diversifying the economy and bolstering foreign investment. Figures expressed per capita for the same year. On Saudi Arabia: Its People, past, Religion, Fault Lines and Future. Data are in current U. Heavy dependence on petroleum revenue continues, but industry and agriculture now account for a larger share of economic activity. Another statistic conducted by Bayt.
Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place. Retrieved on 5 November 2009. The slow and nontransparent judiciary is not independent and must coordinate its decisions with the executive branch. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. This item shows reserves expressed in terms of the number of months of imports of goods and services which could be paid for. The plan called for reducing the kingdom's dependence on the petroleum sector by diversifying economic activity, particularly in the private sector, with special emphasis on industry and agriculture.
So this means more patrons, more favors, and more obligations. Ease of doing business ranks economies from 1 to 189, with first place being the best. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. In other cases data are from tourism accommodation establishments. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. Read more about Saudi Arabia Economy. Population and Vital Statistics Report various years , 3 Census reports and other statistical publications from national statistical offices, 4 Eurostat: Demographic Statistics, 5 Secretariat of the Pacific Community: Statistics and Demography Programme, and 6 U.
The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. Saudi Arabia's oil reserves and production are largely managed by the state-owned corporation Saudi Aramco. The fishing villages of al- on the and on the were developed. The most recent imports are led by which represent 8. On Saudi Arabia: Its People, past, Religion, Fault Lines and Future. Income derived from the use of intangible assets is excluded from income and recorded under business services.