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Economic structure
Nov 15th 2007
From the Economist Intelligence Unit
Source: Country Profile
| | 2003(a) | 2004(a) | 2005(a) | 2006(a) | 2007(b) |
| GDP at market prices (SR bn) | 804.7 | 938.8 | 1,182.5 | 1,307.5 | 1,401.3 |
| GDP (US$ bn) | 214.6 | 250.3 | 315.6 | 349.1 | 374.2 |
| Real GDP growth (%) | 7.7 | 5.3 | 6.1 | 4.3 | 4.7 |
| Consumer price inflation (av; %) | 0.6 | 0.3 | 0.4 | 2.2 | 3.4 |
| Population (m) | 22.0 | 22.5 | 23.1 | 23.7 | 24.3 |
| Exports of goods fob (US$ m) | 93,244 | 125,998 | 174,635 | 207,761(b) | 213,138 |
| Imports of goods fob (US$ m) | -33,868 | -41,050 | -51,327 | -64,159(b) | -82,765 |
| Current-account balance (US$ m) | 28,049 | 51,927 | 87,131 | 104,078(b) | 87,061 |
| Foreign-exchange reserves excl gold (US$ m) | 22,620 | 27,291 | 26,530 | 27,523 | 33,753 |
| Total external debt (US$ bn) | 31.3(b) | 34.9(b) | 41.6(b) | 46.6(b) | 52.9 |
| Debt-service ratio, paid (%) | 2.5(b) | 2.0(b) | 2.0(b) | 2.0(b) | 2.2 |
| Exchange rate (av) SR:US$ | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 |
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More economic data
| Origins of gross domestic product 2005 | % of total | Components of gross domestic product 2006 | % of total |
| Agriculture, forestry & fishing | 3.3 | Private consumption | 25.5 |
| Oil & gas | 47.8 | Government consumption | 25.2 |
| Manufacturing | 9.5 | Gross fixed capital formation | 17.0 |
| Construction | 4.7 | Stockbuilding | 0.9 |
| Services & other categories | 33.7 | Exports of goods & services | 62.2 |
| | | Imports of goods & services | 30.7 |
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| Principal exports fob 2005 | US$ m | Principal imports cif 2006 | US$ m |
| Crude oil | 137,157 | Machinery & transport equipment | 29,907 |
| Oil products | 24,804 | Foodstuffs, beverages & tobacco | 8,251 |
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| Main destinations of exports 2006 | % of total | Main origins of imports 2006 | % of total |
| US | 17.6 | US | 12.2 |
| Japan | 15.8 | Japan | 8.5 |
| South Korea | 9.6 | Germany | 7.9 |
| China | 7.2 | UK | 7.2 |
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More economic data
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