Inflation in Saudi Arabia
Inflation in Saudi Arabia
Introduction
The country of Saudi Arabia is counted as one of the world’s strongest economies, ranking 20th after the world’s most powerful nations as per the GDP ranking 2016. As per Saudi Arabia’s GDP, it ranks third in the world after China and India. The country has seen a stark growth in its economy as public debt declined in the past decade and the overall economic growth showed a positive step toward Saudi Arabia establishing itself as a prominent economic strength of the world. However like every other country in the world, Saudi ...