Question

Write a short note on Economic activities in Saudi Arabia.​

Answer 1

Answer:

Economic overview

Saudi oil reserves are the second largest in the world, and Saudi Arabia is the world's leading oil exporter and second largest producer. ... The petroleum sector accounts for roughly 87% of Saudi budget revenues, 90% of export earnings, and 42% of GDP.

Explanation:

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Answer 2

The economy of Saudi Arabia is one of the top twenty economies in the world, and the largest economy in the Arab world and the Middle East.[12] Saudi Arabia is part of the G20 group of countries.[13]