OFID Member Countries
Official country name: Kingdom of Saudi Arabia
National capital: Riyadh
Location: Occupying about four-fifths of the Arabian Peninsula and bordered by Jordan, Iraq and Kuwait to the north, by Yemen to the south, by Oman to the south and east, and by Qatar and the United Arab Emirates to the north-east.
Area: 2.15 km2
| Natural Resources: | petroleum, natural gas, iron ore, gold, copper |
| Structure of output (value added, % of GDP): | n/a |
| Population: | 21.4 million (2001) |
| Urban population: | 86.6% |
| Life expectancy at birth, total (years, 2000): | 72.5 |
| Population growth rate: | 3.3% (2001) |
| Principal exports: | crude and refined petroleum, petrochemicals |
| Exports of goods and services: | US$85.9 billion (2000) |
| Principal imports: | machinery and transport equipment, vegetable products, chemicals and chemical products, base metals and metal manufactures, textiles and clothing |
| Imports of goods and services: | US$44.6 billion (2000) |
| GDP: | US$186.5 billion (2001) |
| Average Annual growth: | 1.2% (2001) |
| GDP per capita: | US$8,750 (2001) |
| Inflation (annual %): | -0.6% (2000) |
| Total external debt: | US$29.0 billion (1999) |
| Total debt service: | US$5.3 billion (1999) |
| Debt service (% of exports of goods and services, 2000): | n/a |
| National currency: | Saudi Arabian riyal (SRL) |
| Average Exchange Rate: | SRL 3.745 = US$1 (2001) |
| OPEC Fund Ministerial Council Member: | H.E. Dr. Ibrahim Al-Assaf, Chairman of the OFID Ministerial Council, Minister of Finance, Ministry of Finance |
| OPEC Fund Governing Board Representative: | H.E. Dr. Hamad S. Al-Bazai, Deputy Minister, Ministry of Finance |
| OPEC Fund Governing Board Alternate: | Mr. Ahmed M. Al-Ghannam, Director General of Saudi Esport Programt, Saudi Fund for Development |