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PIFPublic Investment Fund Program As a leading economic alyst for Saudi Arabia, the PIF Program is epitomizing the country's vision to diversify the economy and invest locally and strategy will ensure PIF continues to establish robust economic partnerships to deepen its impact well beyond Saudi borders.
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Saudi Arabia GDPThe Gross Domestic Product (GDP) in Saudi Arabia was worth billion US dollars in 2021, according to official data from the World Bank. The GDP value of Saudi Arabia represents percent of the world economy. GDP in Saudi Arabia averaged USD Billion from 1968 until 2021, reaching an all time high of USD Billion in 2021 and a record low of USD .
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22 exciting things to look forward to in Saudi Arabia in 2022 · Initially announced to open in 2023, a new statement from Saudi Arabia's Museums Commission has indied that the new digital art space in Jeddah will welcome visitors from 2022.
Saudi Arabia OilSaudi Arabia consumes 3,302,000 barrels per day (B/d) of oil as of the year 2016.; Saudi Arabia ranks 6th in the world for oil consumption, accounting for about % of the world's total consumption of 97,103,871 barrels per day.; Saudi Arabia consumes gallons of oil per capita every day (based on the 2016 population of 32,443,447 people), or 1,560 gallons per .
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Saudi Arabia · Saudi Arabia has an oilbased economy with strong government controls over major economic activities. It possesses about 16% of the world's proven petroleum reserves, ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 87% of budget revenues, 42% of GDP, and 90% of export ...
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