Which country is the richest in natural resources?


What implications does the Saudi Vision 2030 have on labor mobility?

Vision 2030 seeks to reduce the overall unemployment rate from 11.6 % to 7%, overhaul the education system and increase the female participation rate from 22% of the workforce to 30%. Remittances by foreign workers is also high with a plan to increase in country spending by the resident population from 2.9% to 6%.

What does Vision 2030 include?

Vision 2030 is built around three primary themes: a vibrant society, a thriving economy and an ambitious nation. The vision is built around three primary themes: a vibrant society, a thriving economy and an ambitious nation.

What are the major natural resources of Saudi Arabia?

Saudi Arabia possesses around 17 per cent of the world’s proven petroleum reserves. The oil and gas sector accounts for about 50 per cent of gross domestic product, and about 70 per cent of export earnings. Apart from petroleum, the Kingdom’s other natural resources include natural gas, iron ore, gold, and copper.

What are the 4 goals of Vision 2030?

Four National Goals

  • Goal 1: Jamaicans are empowered to achieve their fullest potential.
  • Goal 2: The Jamaican society is secure, cohesive and just.
  • Goal 3: Jamaica’s economy is prosperous.
  • Goal 4: Jamaica has a healthy natural environment.

What new things have been developed in Saudi Arabia?


  • Gas prices are going up. Saudis have just started paying a lot more for gas. State-owned Aramco, the world’s biggest oil producer, jacked up prices at the pump by as much as 127% on January 1.
  • Cinemas will return. Saudis will get to go to the movies.
  • Women will be able to drive….

What is the unemployment rate in Saudi Arabia?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Saudi Arabia unemployment rate for 2019 was 5.93%, a 0.11% decline from 2018. Saudi Arabia unemployment rate for 2018 was 6.04%, a 0.15% increase from 2017.

Is Saudi Arabia rich in natural resources?

With a total worth of $34.4 trillion, Saudi Arabia has the second most valuable natural resources in the world. The country has the second-largest proven petroleum reserves, and is the largest exporter of petroleum in the world.

What are the three pillars of Saudi Arabia’s vision for 2030?

Our vision is based on the following three pillars: a vital society, a thriving economy, and an ambitious nation.

What country has the most resources?

10 Countries With The Most Natural Resources

  • Australia.
  • The DRC.
  • Venezuela.
  • The United States.
  • Brazil.
  • Russia.
  • India.
  • Canada.

What is the 2030 vision of Saudi Arabia?

The official logo of the project. Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠‎) is a strategic framework to reduce Saudi Arabia’s dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism.

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