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The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries. ... Saudi Arabia: 80.7 2021 74
1.3 Net average monthly salary (adjusted for living costs in PPP) 2 Asian countries by monthly average wage. 3 See also. 4 References. ... Saudi Arabia ﷼8,500 [100]
Saudi Arabia, [d] officially the ... which included 500,000 new homes to a cost of $67 billion, ... foreign nationals living in Saudi Arabia made up about 21% of the ...
As of 2024, Saudi Arabia's GDP per capita has surpassed all other GCC countries except Qatar and the United Arab Emirates. Saudi Arabia's GDP per capita is estimated to be approximately $33,040 in nominal terms, ranking it 35th globally, and $70,333 in purchasing power parity (PPP) terms, ranking it as the 15th highest in the world [[18]]
This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. [a] For rankings regarding wealth, see list of countries by wealth per adult.
Saudization (Arabic: السعودة), [1] officially the Saudi nationalization scheme and also known as Nitaqat (Arabic: النطاقات), is a policy that is implemented in the Kingdom of Saudi Arabia by the Ministry of Labor and Social Development, which requires companies and enterprises to fill their workforce with Saudi nationals up to certain levels.
There is a sizable community of around 80,000 Americans living in Saudi Arabia, one of the largest populations of American nationals in the Arab world. [3] [4] Most work in the oil industry and in the construction and financial sectors. Westerners, including Americans, live in housing compounds with luxurious amenities, such as swimming pools ...
Visualisation of Numbeo's 2023 cost of living index by country. The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain ...