Saudi Arabia

Saudi Arabia

The Powerhouse of the Gulf

The giant with a rich history

Saudi Arabia, the largest country in the Middle East, is a powerhouse of economic activity fueled by its ambitious Vision 2030 reform agenda.

As the birthplace of Islam and home to two of Islam’s holiest cities, Mecca and Medina, Saudi Arabia holds significant cultural and religious importance.

Rapid modernization and diversification

The country is undergoing rapid modernization and diversification efforts, presenting abundant business opportunities for German companies. From infrastructure development to renewable energy, healthcare, and technology, Saudi Arabia offers a dynamic market ripe for investment and collaboration. Particularly in the infrastructure sector, where Saudi Arabia has no need to fear competition in the near future thanks to its Giga projects.

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About Saudi Arabia

  • Area: 2.149.690km2
  • Population: 36.7 Mio
  • Population Growth: 1.5%
  • GDP: $1.069 Bn
  • Nominal GDP/capita: $32.586
  • Foreign direct investment: $1.65 Bn

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