Middle East Economic Survey
VOL. XLVIII
No 42
17-October-2005
SAUDI ARABIA
SAMA Says Saudi GDP Rose By 5.3% In 2004
Saudi Arabias GDP grew by 5.3% and national income by 16.8% in 2004, according to the 2004 Annual Report of the Saudi Arabian Monetary Authority (SAMA) which was released last week. Presenting the report to King 'Abd Allah ibn 'Abd al-'Aziz, SAMA Governor Hamad al-Sayyari said that in 2004 the Saudi budget had a surplus of SR107bn ($28.5bn) and the current account in the balance of...
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