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Did you know? |
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Saudi Arabia is the world's leading oil producer and exporter, accounting for 20% of the world's proven petroleum reserves, according to the CIA World Factbook. Crude oil makes up 90% of the country's export revenues, and roughly 40% of its gross domestic product (GDP).
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The Kingdom is a member of the Organisation of Petroleum Exporting Countries (OPEC) as well as the World Trade Organisation (WTO). |
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Saudi Arabia is perceived as the 57th least corrupt country in the world, according to the 2011 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. |
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Of its total population of approximately 29 million, 38% are under the age of 14. |
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An estimated 5.6 million foreigners live in Saudi Arabia. |
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The Kingdom of Saudi Arabia was created in 1932. Prior to this, it was a tribal desert land. |
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All government business in Saudi Arabia is conducted according to the Islamic calendar.
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Saudi Arabia is also the only country in the world where women are banned from driving on public roads.
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According to International Monetary Fund (IMF) 2010 estimates, Saudi Arabia has the 38th-highest per capita income in the world at US$23,826.
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10.
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The Saudi legal system prescribes capital punishment or corporal punishment, including amputations of hands and feet for certain crimes such as murder, robbery, rape, drug smuggling, homosexual activity, and adultery.
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Contact Us For more information on any of our Saudi Arabia Corporate services, please email email@healyconsultants.com or telephone us at (+65) 6735 0120. Back to Saudi Arabia Company Formation page. |
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