Saudi Arabia
Saudi Arabia facts and figures
Saudi Arabia's National Day
23 September
The Middle Eastern Kingdom of Saudi Arabia straddles the Arabian Peninsula, bordered by Jordan, Kuwait and Iraq in the north and Oman and Yemen in the south. It is the 14th largest country in the world, covering around two million square kilometres, making it the second largest OPEC Member Country. Saudi Arabia has a population of over 34 million, more than seven million of whom live in the capital, Riyadh. Arabic is the official language.
Saudi Arabia possesses around 17 per cent of the world’s proven petroleum reserves. The oil and gas sector accounts for about 50 per cent of gross domestic product, and about 70 per cent of export earnings. Apart from petroleum, the Kingdom’s other natural resources include natural gas, iron ore, gold, and copper.
The national currency is the riyal.
The Sovereign is the Custodian of the Two Holy Mosques, HM King Salman Bin Abdulaziz Al-Saud. Saudi Arabia is a Founder Member of OPEC.
Did you know?
- Saudi Arabia is home to the world’s largest continuous sand desert – the Rub Al-Khali, or Empty Quarter.
- Oil was first struck in Saudi Arabia in March 1938, at a depth of 1,440 metres in the Dammam oilfield.
Below data covers 2019
| Population (million inhabitants) | 34.22 |
|---|---|
| Land area (1,000 sq km) | 2,150 |
| GDP per capita ($) | 23,174 |
| GDP at market prices (million $) | 792,967 |
| Value of exports (million $) | 261,530 |
| Value of petroleum exports (million $) | 202,370 |
| Current account balance (million $) | 46,949 |
| Proven crude oil reserves (million barrels) | 258,600 |
| Proven natural gas reserves (billion cu. m.) | 9,423 |
| Crude oil production *(1,000 b/d) | 9,808.2 |
| Marketed production of natural gas (million cu. m.) | 117,000.0 |
| Refinery capacity (1,000 b/cd) | 2,896.0 |
| Output of petroleum products (1,000 b/d) | 2,586.1 |
| Oil demand (1,000 b/d) | 3,199.1 |
| Crude oil exports (1,000 b/d) | 7,038.1 |
| Exports of petroleum products (1,000 b/d) | 1,300.3 |
| Natural gas exports (million cu. m.) | -- |
* including share of production from Neutral Zone
- b/d (barrels per day)
- cu. m. (cubic metres)
- b/cd (barrels per calendar day)
Source: Annual Statistical Bulletin 2020
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Eng. Adeeb Al-Aama
Governor for OPEC
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Mr. Esam Alkhalifa
National Representative