Saudi Arabia earns a lot of money by exporting
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Saudi Arabia earns a lot of money by exporting
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Answer:
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:
Saudi Arabia earns a lot of money by exporting
oil.
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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.