{"id":514,"date":"2023-11-30T18:37:59","date_gmt":"2023-11-30T10:37:59","guid":{"rendered":"https:\/\/formosaplus.space\/?p=514"},"modified":"2023-12-29T10:12:37","modified_gmt":"2023-12-29T02:12:37","slug":"%e6%b2%99%e7%83%8f%e5%9c%b0%e9%98%bf%e6%8b%89%e4%bc%af%e5%8a%a0%e5%85%a5%e8%90%ac%e5%84%84%e7%be%8e%e5%85%83%e7%b6%93%e6%bf%9f%e8%a1%8c%e5%88%97","status":"publish","type":"post","link":"https:\/\/formosaplus.space\/en\/%e6%b2%99%e7%83%8f%e5%9c%b0%e9%98%bf%e6%8b%89%e4%bc%af%e5%8a%a0%e5%85%a5%e8%90%ac%e5%84%84%e7%be%8e%e5%85%83%e7%b6%93%e6%bf%9f%e8%a1%8c%e5%88%97\/","title":{"rendered":"Saudi Arabia Joins the Trillion-Dollar Economy Club"},"content":{"rendered":"
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2023\/9\/24<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Significant Milestone<\/strong>
<\/span><\/p>

  • Saudi Arabia's GDP has surpassed $1 trillion for the first time, making it the largest economy in the Middle East and North Africa MENA.<\/span><\/li>
  • Achieved the goal three years ahead of the targeted date of 2025.<\/span><\/li><\/ul>

    Key Figures and Insights<\/strong><\/p>

    • The report was published by the Federation of Saudi Chambers on the Kingdom's 93rd National Day.<\/span><\/li>
    • The IMF indicated that Saudi Arabia's economy is the fastest-growing among G20 nations in 2022.<\/span><\/li>
    • Growth rate reached 8.7%, the highest among G20 countries.<\/span>
      <\/span><\/li><\/ul>

      Production and Investment<\/strong><\/p>

      • Self-sufficiency rate of the Saudi economy increased to 81.2%, indicating the country produces most of its goods and services.<\/span><\/li>
      • Investment rate in the country rose to 27.3%, signaling more capital infusion from both the government and the private sector.<\/span><\/li><\/ul>

        Private Sector Contributions<\/strong><\/p>

        • Contributions from the private sector to the GDP increased to $440 billion, or 41% of the total GDP.<\/span><\/li>
        • Growth rate in the private sector stood at 5.3%.<\/span><\/li><\/ul>

          Employment Growth<\/strong><\/p>

          • The number of workers in the private sector increased from 8.084 million to 9.422 million, a growth rate of 16.6%.<\/span><\/li><\/ul>

            Localization of Workforce<\/strong><\/p>

            • The number of Saudis in the private sector increased from 1.910 million to 2.195 million, a growth rate of 28.5%.<\/span><\/li>
            • The percentage of Saudi workers in the private sector rose to 58.2%.<\/span>
              <\/span><\/li><\/ul>

              Global Expansion and Diversification<\/strong><\/p>

              • The Kingdom succeeded in diversifying its economic base and boosting Saudi exports.<\/span><\/li>
              • Export capacity of the Saudi economy increased from 33% to 39.3% of the GDP.<\/span><\/li><\/ul>

                Future Outlook<\/strong><\/p>

                • Strong performance of the Saudi economy is expected to continue, supported by various economic indicators and government backing.<\/span><\/li>
                • The Kingdom plans to implement large-scale projects across multiple regions.<\/span><\/li><\/ul>

                  Global Rankings<\/strong><\/p>

                  • Ranked second globally in terms of the growth rate of international tourists.<\/span><\/li>
                  • Ranked 51st in the Global Innovation Index.<\/span><\/li>
                  • The rate of integration of the Saudi economy into the global economy increased by 63.1%.<\/span>
                    <\/span><\/li><\/ul>

                    Conclusion<\/strong><\/p>

                    • Saudi Arabia's entry into the trillion-dollar economy club is not just an achievement; it reflects the sound economic policies of the Kingdom and its promising future prospects.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

                      2023\/9\/24 \u91cd\u5927\u91cc\u7a0b\u7891 \u6c99\u70cf\u5730\u963f\u62c9\u4f2f\u7684\u570b\u5167\u751f\u7522\u7e3d\u503c(GPD)\u9996\u6b21\u7a81\u78341\u5146\u7f8e\u5143\uff0c\u6210\u70ba\u4e2d\u6771\u548c\u5317\u975e\u5730\u5340(ME […]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"disabled","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"disabled","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-514","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/posts\/514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/comments?post=514"}],"version-history":[{"count":22,"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/posts\/514\/revisions"}],"predecessor-version":[{"id":1021,"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/posts\/514\/revisions\/1021"}],"wp:attachment":[{"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/media?parent=514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/categories?post=514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formosaplus.space\/en\/wp-json\/wp\/v2\/tags?post=514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}