Population Growth

Country report Saudi Arabia Summary Saudi Arabias economy is highly reliant on its oil area and as the country is sitting on top of a quarter of the worlds proven oil reserves, this is incredible to change anytime soon. On the other hand, the oil sector is non able to provide sufficient jobs for the fast growing population. The political relation aims to diversify and privatise the countrys economy done creating economic cities, although it is unlikely that this will bring any computer backup to the unemployment ratio in both the short and longer term. The joint of the riyal to the US dollar has led to a prodigious cut in policy interest rates, which makes it even more(prenominal) difficult for the government to fight high inflation. The political daub is stable, but geopolitical risks are high as Saudi Arabia is a main ally of the US. Nevertheless, it is expected to receive self-coloured support in case regional conflicts threaten to transmit to the country. Things to watch: Unemployment Inflation Oil price movements Militant attacks and geopolitical tensions Author: Joke Oudelaar Country Risk Research sparing Research Department Rabobank Nederland P.O.Box 17100, 3500 HG Utrecht, The Netherlands +31-(0)30-21-68810 J.A.G.Oudelaar@rn.rabobank.

nl Contact details: June 2008 Rabobank economical Research Department Page: 1/6 Country report Saudi Arabia depicted object facts Type of government Capital Surface area (thousand sq km) population (millions) Main ethnic groups Main religions Head of State (president) Monarchy capital of Saudi Arabia 2,150 26.3 Arab (90%) Afro-Asian (10%) Muslim (100%) King and Prime Minister Abdallah salt away Abd alAziz Al Saud Idem Saudi Riyal (SAR) Social and governance indicators kind Development Index ( lay out) Ease of doing business (rank) Economic immunity list (rank) Corruption perceptions index (rank) Press freedom index (rank) Gini index (income distribution) Population below $1 per day (PPP) rank / total 61 / 177 23 / 178 60 / 157 79 / clxxx 148 / 169 n.a.... If you want to get a full essay, order it on our website: Ordercustompaper.com

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