Investor Presentation 2020
Domestic Macroeconomic Indicators Cont.
Nominal GDP of World's Major Economies:
(KSA ranked #18 out of the top largest 20 economies in 2019)
$
5,082
3,846
li
2,875
2,827
2,716
III
1,642
1,394
1,393
793
Japan Germany India
United France Korea, Australia Spain
Kingdom
Rep.
Saudi
Arabia
*Source: The World Bank
Investor Presentation 2020 | stc group
Population:
33.41
34.21
(Mn) 35
32.55
10%
31.79
30.77
31.02
13.10
12.65
12.14
30
11.71
10.07
10.24
7%
5.39%
25
20
15
151
4%
2.65%
2.49%
2.41%
2.38%
0.80%
1%
100
10
10
20.70
20.77
20.08
20.41
20.77
21.11
5
-2%
2014
2015
2016
2017
2018
2019
Saudi
Non-Saudi
Growth Rate
Brent Oil Performance (Monthly):
Brent oil prices averaged $43/ barrel in Q3 2020. Overall oil prices witnessed a recovery
during the last couple of months as OPEC+ agreed to reduce production coupled with
opening up the economy and easing the restrictions related to COVID-19 pandemic in
number of countries. Looking ahead, oil prices are expected to see a recovery specially
with market demand picking up during H2 2020.
Foreigners in Saudi Labor Force:
Latest General Organization for Social Insurance (GOSI) figures shows a decrease in the rate of the expat
exodus in Q4 2020. In addition, data shows that despite the rise in expat workers during Q1,
approximately 398 million expat departure by year end.
6%
$
160
120
80
40
0
30-Jan-09
30-Aug-09
30-Mar-10
30-Oct-10
30-May-11
5
*Source: Bloomberg
30-Jul-12
30-Dec-11
28-Feb-13
30-Sep-13
30-Apr-14
30-Nov-14
30-Jun-15
31-Jan-16
31-Aug-16
31-Mar-17
31-Oct-17
31-May-18
31-Dec-18
31-Jul-19
29-Feb-20
30-Sep-20
(Mn) 9.0
7.91
7.71
7.40
3.6%
4%
7.13
6.90
6.71
2%
6.58
6.90
7.0
6.71
6.58 6.52
6.67
6.65
6.44
6.41
-1%
6.27
-0.4%
-0.8%
-1.3%
-1.5%
-0.9%
-1.3%
-3%
-3.6% -2.1%
5.0
*Source: GOSI
-3.4%
-2.0%
-2.5%
-4.1%
-2.7%
-3.3%
-3.6%
Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20
Male
Female
Growth
-5%
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