The hard facts
Being one of the world’s Top 10 most competitive economies makes Saudi Arabia the perfect investment opportunity. But that’s not the only reason why:
- Saudi Arabia is ranked 4th in the world for “fiscal freedom” and it’s the 7th most rewarding tax system in the world
- 7th freest labor market in the world according to the World Economic Forum
- One of the world’s 25 largest economies (24th) and the largest economy in the MENA region
- One of the world’s fastest growing countries: per capital income is forecasted to rise from $20,700 in 2007 to $33,500 by 2020
- It’s the world’s fastest reforming business climate
- It’s the largest free market in the MENA
- Represents 25% of total Arab GDP
- It has 25% of worlds oil reserves
- 13th out of 181 countries for the overall ease of doing business globally. 7th in terms of ease of paying taxes
- 1st for ease of registering property and it’s the largest recipient of Foreign Direct Investment in the Arab world