NA

Commercial bank prime lending rate:

Stock of money:

$102.4 billion (31 December 2007)

Stock of quasi money:

$109.5 billion (31 December 2007)

Stock of domestic credit:

$66.94 billion (31 December 2007)

Agriculture - products:

wheat, barley, tomatoes, melons, dates, citrus; mutton, chickens, eggs, milk

Industries:

crude oil production, petroleum refining, basic petrochemicals, ammonia, industrial gases, sodium hydroxide (caustic soda), cement, fertilizer, plastics, metals, commercial ship repair, commercial aircraft repair, construction

Industrial production growth rate:

2.9% (2007 est.)

Electricity - production:

179.1 billion kWh (2007 est.)

Electricity - consumption:

156.8 billion kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)

Oil - production:

10.25 million bbl/day (2007 est.)

Oil - consumption:

2.311 million bbl/day (2007 est.)

Oil - exports:

8.9 million bbl/day (2007 est.)

Oil - imports:

41,680 bbl/day (2005)

Oil - proved reserves:

266.8 billion bbl (1 January 2008 est.)

Natural gas - production:

75.9 billion cu m (2007 est.)

Natural gas - consumption:

75.9 billion cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

7.167 trillion cu m (1 January 2008 est.)

Current account balance:

$86.62 billion (2007 est.)

Exports:

$226.7 billion f.o.b. (2007 est.)

Exports - commodities:

petroleum and petroleum products 90%

Exports - partners:

US 17.1%, Japan 16.3%, South Korea 9.7%, China 8.1%, Taiwan 4.7%,
Singapore 4% (2007)

Imports:

$82.64 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and equipment, foodstuffs, chemicals, motor vehicles, textiles

Imports - partners:

US 12.6%, China 9.4%, Germany 8.8%, Japan 8.1%, Italy 5%, South
Korea 4.9%, UK 4.5% (2007)

Economic aid - donor:

since 2002, Saudi Arabia has provided more than $480 million in budgetary support to the Palestinian Authority, supported Palestinian refugees through contributions to the UN Relief and Works Agency (UNRWA), provided more than $250 million to Arab League funds for the Palestinians, and pledged $500 million in assistance over the next three years at the Donors Conference in Dec 2007; pledged $230 million to development in Afghanistan; pledged $1 billion in export guarantees and soft loans to Iraq; pledged $133 million in direct grant aid, $187 million in concessional loans, and $153 million in export credits for Pakistan earthquake relief; pledged a total of $1.59 billion to Lebanon in assistance and deposits to the Central Bank of Lebanon in 2006 and pledged an additional $1.1 billion in early 2007

Economic aid - recipient:

$26.29 million (2005)

Reserves of foreign exchange and gold:

$34.01 billion (31 December 2007 est.)

Debt - external:

$58.6 billion (31 December 2007 est.)

Stock of direct foreign investment - at home: