World Business Council





SAUDI ARABIA

Saudi Arabia, with a population of about 35 million and a GDP of approximately $850 billion in 2023, has an oil-driven economy. The per capita income is around $24,000. The country is focusing on economic diversification through Vision 2030, investing in sectors such as tourism, technology, and renewable energy. 

Opportunities for foreign direct investment (FDI) are significant in these areas, supported by ongoing reforms aimed at reducing oil dependency and enhancing economic growth.

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