Comparison Between Saudi Arabia Economy and Qatar

Only available on StudyMode
  • Download(s) : 176
  • Published : April 3, 2013
Open Document
Text Preview
Qatar and Saudi Arabia Economy

Submitted to:
Dr. Elias O. A. Tembe

by:
Sumaia Abdullatif AlHussain.
ID: 210003006

Saudi Arabia have 23.2 times more chance of being unemployed Saudi Arabia has an unemployment rate of 11.60% while Qatar has 0.50% Source: CIA World Factbook.

Saudi Arabia makes 83.24% less money
The GDP per capita in Saudi Arabia is $20,400 while in Qatar it is $121,700 This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.

Saudi Arabia has 81.53% more babies
The annual number of births per 1,000 people in Saudi Arabia is 28.21 while in Qatar it is 15.54. This entry gives the average annual number of births during a year per 1,000 persons in the population at midyear; also known as crude birth rate. The birth rate is usually the dominant factor in determining the rate of population growth. It depends on both the level of fertility and the age structure of the population. Source: CIA World Factbook

Saudi Arabia use 65.38% less electricity
The per capita consumption of electricity in Saudi Arabia is 5,653kWh while in Qatar it is 16,327kWh. This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Source: CIA World Factbook

Saudi Arabia consume 46.88% less oil
Saudi Arabia consumes 3.4225 gallons of oil per day per capita while Qatar consumes 6.4429 This entry is the total oil consumed in gallons per day (gal/day) divided by the population. The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Source: CIA World Factbook

Saudi Arabia spend 73.9% less money on health care
Per capita public and private health expenditures combined in Saudi Arabia are $720 USD while Qatar spends $2,759 USD This entry contains the per capita public and private health expenditure at purchase power parity using US Dollars. This figure combines government, personal, and employer spending on health care. Source: World Health Organization

Saudi Arabia is 90% less likely to have HIV/AIDS
The number of adults living with HIV/AIDS in Saudi Arabia is 0.01% while in Qatar it is 0.10%. This entry gives an estimate of the percentage of adults (aged 15-49) living with HIV/AIDS. The adult prevalence rate is calculated by dividing the estimated number of adults living with HIV/AIDS at yearend by the total adult population at yearend. Source: CIA World Factbook

Saudi Arabia have 8.5% less chance of dying in infancy
The number of deaths...
tracking img