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Country Overview
AS OF 28 Jan 2025- The Kingdom of Saudi Arabia’s economy is heavily reliant on its petroleum sector. Oil accounts for almost 40% of Saudi’s GDP and 75% of its fiscal revenue.
- Saudi Arabia has the second largest proven petroleum reserves and fourth largest measured natural gas reserves. It is currently the largest exporter of petroleum in the world.
- As of 2023, Saudi Arabia’s main exports were China (12.0% of total exports), Japan (6.4%), India (6.3%), and South Korea (6.1%)
Recommended Issuers
Who We Recommend
Security Bank
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SECBPM 5.5 29
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SM Investments Corporation
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SMPM 5.375 29
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Development Bank of the Philippines
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DEVPHI 2.375 31