DALLAH bin Abd al-Aziz Al
Saud (half-brother to the King, appointed heir to the throne 13 June
1982)
_#_Suffrage: none
_#_Elections: none
_#_Communists: negligible
_#_Member of: ABEDA, AfDB, AFESD, AL, AMF, CCC, ESCWA, FAO, G-19,
G-77, GCC, IAEA, IBRD, ICAO, ICC, IDA, IDB, IFAD, IFC, ILO, IMF, IMO,
INMARSAT, INTELSAT, INTERPOL, IOC, ISO, ITU, LORCS, NAM,
OAPEC, OAS (observer), OIC, OPEC, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU,
WHO, WIPO, WMO
_#_Diplomatic representation: Ambassador BANDAR Bin Sultan; Chancery
at 601 New Hampshire Avenue NW, Washington DC 20037; telephone (202)
342-3800; there are Saudi Arabian Consulates General in Houston, Los
Angeles, and New York;
US--Ambassador Charles W. FREEMAN, Jr.; Embassy at Collector Road
M, Diplomatic Quarter, Riyadh (mailing address is P. O. Box 9041, Riyadh
11143, or APO New York 09038); telephone [966] (1) 488-3800; there are US
Consulates General in Dhahran and Jiddah (Jeddah)
_#_Flag: green with large white Arabic script (that may be translated
as There is no God but God; Muhammad is the Messenger of God) above a
white horizontal saber (the tip points to the hoist side); green is the
traditional color of Islam
_*_Economy
_#_Overview: The petroleum sector accounts for roughly 70% of
budget revenues, 33% of GDP, and almost all export earnings. Saudi Arabia
has the largest reserves of petroleum in the world, ranks as the largest
exporter of petroleum, plays a leading role in OPEC, and invests
substantial amounts abroad.
_#_GDP: $79 billion, per capita $4,800; real growth rate 0.5%
(1989 est.)
_#_Inflation rate (consumer prices): 0% (1990 est.)
_#_Unemployment rate: 0% (1989 est.)
_#_Budget: revenues $31.5 billion; expenditures $38.2 billion,
including capital expenditures of $6.9 billion (1990)
_#_Exports: $28.3 billion (f.o.b., 1989 est.);
commodities--petroleum and petroleum products 85%;
partners--US 22%, Japan 20%, Singapore 7%, France 5%
_#_Imports: $19.2 billion (f.o.b., 1989 est.);
commodities--manufactured goods, transportation equipment,
construction materials, processed food products;
partners--UK 17%, US 15%, Japan 12%, FRG 6%
_#_External debt: $18.9 billion (December 1989 est.)
_#_Industrial production: growth rate - 1.1% (1989 est.); accounts for
37% of GDP, including petroleum
_#_Electricity: 25,205,000 kW capacity; 50,500 million kWh produced,
2,950 kWh per capita (1990)
_#
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