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TwitterAs of 2021, the contribution of the agricultural sector to the GDP for the entire GCC region was worth **** billion U.S. dollars for the same year. The gross domestic product generated by the agricultural and fishery sector in Saudi Arabia was above **** billion U.S. dollars.
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TwitterThis statistic shows the value of gross domestic product (GDP) contribution from the agricultural and fishery sector in the Gulf Cooperation Council between 2013 and 2017. In 2017, the GDP generated by the agricultural and fishery sector in the GCC was above ** billion U.S. dollars.
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TwitterThis statistic describes the total economic contribution of tourism and travel to the GDP of the Gulf Cooperation Council from 2012 to 2017, with an estimate for 2018 and a forecast for 2027. According to forecasts, the total economic contribution of tourism and travel to the GDP of the GCC in 2027 will be 318.6 billion U.S. dollars.
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TwitterThis statistic describes the direct tourism contribution to the gross domestic product of the Gulf Cooperation Council from 2012 to 2017, with an estimate for 2018 and forecast for 2027. According to forecasts, the direct tourism contribution to the GDP of the GCC will be 120 billion U.S. dollars by 2027.
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TwitterThis statistic describes the economic contribution of capital investment in tourism to the GDP of the Gulf Cooperation Council from 2012 to 2017, with an estimate for 2018 and a forecast for 2028. According to forecasts, the contribution of capital investment in tourism to the GDP of the GCC will be 94.3 billion U.S. dollars by 2028.
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TwitterThis statistic describes the economic contribution of domestic expenditure in travel and tourism to the Gulf Cooperation Council from 2012 to 2017, with an estimate for 2018 and a forecast for 2027. According to forecasts, the contribution of domestic expenditure in travel and tourism to the GDP of the GCC will be 72.4 billion U.S. dollars by 2027.
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TwitterThis statistic described the economic contribution of induced impact on tourism to the GDP of Gulf Cooperation Council from 2012 to 2017, with an estimate for 2018 and a forecast for 2028. According to forecasts, the contribution of induced tourism to the GDP of the GCC will be 53.5 billion U.S. dollars in 2028.
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TwitterThis statistic describes the economic contribution of internal tourism consumption to the GDP of the Gulf Cooperation Council from 2012 to 2017, with an estimate for 2018 and a forecast for 2028. According to forecasts, the contribution of internal tourism consumption to the GDP of the GCC will be 223.3 billion U.S. dollars by 2028.
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TwitterAs of 2016, the natural gas power generation capacity in the Middle East was about ***** terawatt hours. According to projections, it will rise to ***** terawatt hours by 2035.
Middle East natural gas demand
The total demand for natural gas energy in the Middle East is currently ** quadrillion British thermal units and will grow to ** quadrillion British thermal units by 2040. Of that, the demanded volume of power generated by natural gas in the Middle East in 2017 was 731 terawatt hours per year and will grow to almost ***** terawatt hours per year by 2035.
Energy intensity
The energy intensity of the Middle East is currently **** thousand British thermal units per U.S. dollar GDP and will decrease to *** thousand British thermal units per U.S. dollar GDP. In the global context, the energy intensity was projected to be on average *** British thermal units per U.S. dollar GDP in 20 years.
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TwitterIn 2024, approximately *** thousand passenger cars and commercial vehicles were sold to customers in Saudi Arabia. That marked an increase compared to the previous year, in which ***** thousand passenger cars and commercial vehicles were sold in the kingdom. Saudi Arabia, a key player in the regional automobile sector As of 2022, Saudi Arabia has joined the trillion-dollar club, a term used to describe economies with a gross domestic product exceeding one trillion U.S. dollars. Unsurprisingly, the Kingdom is the biggest vehicle market among the Gulf Cooperation Council (GCC) countries. Moreover, Saudi Arabia dominated both passenger and commercial car sales in the Middle East and North African region in 2021. Followed by Hyundai, Toyota held the largest market share of new car sales in the Kingdom in 2021. Meanwhile, the year-on-year change of commercial vehicle sales in Saudi Arabia was forecast to grow by *** and *** percent in 2022 and 2023 respectively. A large economy with big challenges Saudi Arabia is home to one of the world’s youngest populations, with inhabitants aged between 15 and 24 years old exceeding ** percent of the total population in 2020. While the young population drives the economy forward as it enters the working age, at the current stage, the Kingdom is more concerned with providing enough employment than with the issue of not having enough labor force. To illustrate, Saudi Arabia has the highest youth unemployment rate in the G20, which translates as the highest youth unemployment rate among the GCC countries. Another feature of the Kingdom’s economy is the gender disparity in labor force participation, with a ** percent gap in women's labor force participation in 2016.
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TwitterAs of 2021, the contribution of the agricultural sector to the GDP for the entire GCC region was worth **** billion U.S. dollars for the same year. The gross domestic product generated by the agricultural and fishery sector in Saudi Arabia was above **** billion U.S. dollars.