Economic Indices

Definition

Real Gross Domestic Product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year.

Definition

Unemployment is a key indicator of economic health that occurs when individuals who are actively seeking work are unable to find employment.

Definition

The labor force participation rate is an estimate of an economy’s active workforce. Saudi Labor Force Participation = Total average Saudi work force (females and males above 15 years / Saudi population).

Definition

The labor force participation rate is an estimate of an economy’s active workforce. Non Saudi Labor Force Participation = Total average non Saudi work force (females and males above 15 years / Non-Saudi population).

Definition

Trade balance is the difference between the value of a country's exports and the value of a country's imports.

Definition

An import is a product or service that is produced in one country and purchased in another.

Definition

Exports are goods and services manufactured or provided by businesses in one country and sold or traded in another.

Definition

FDI in Saudi Arabia is the process by which non-Saudi investors establish or acquire business operations in the Kingdom, either by setting up new enterprises, acquiring stakes in existing companies, or forming joint ventures with local entities. These investments are aimed at long-term participation and management involvement in the Saudi market.