The Demographic Profile of Saudi Arabia

Saudi Arabia’s population is estimated to be 31,935,738 and this figure has increased significantly over the past few decades. Now that’s a lot of people compared to New Zealand! This figure includes an estimate of 8.4 million people that are classed as foreign residents. This significantly large population holds a median age of approximately 28.6 years.

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The official language of Saudi Arabia is Arabic, however due to many factors such as their lucrative oil industry and considering the official business language is English, Saudi Arabia have recently adapted English as a second language. With this being said, residents of the country prefer speaking and writing in Arabic and will only communicate in English when necessary. I guess that means I better touch up on my Arabic reading, writing and speaking skills if I want to get along with the locals.

The capital of Saudi Arabia is Riyadh and it is the biggest city in the country with a population of 5.2 million.

Other important demographics to note for Saudi Arabia are:

  • The average income per person – $24,407
  • The life expectancy rate – 74 years
  • The unemployment rate – 5.6%
  • The adult literacy rate – 94.43%

The demographic profile of Saudi Arabia is going to have an impact on my merino business in Riyadh, as it’s a lot different to New Zealand. It’s important that I use different demographics to my advantage.

References:

http://country-facts.findthedata.com/l/15/Saudi-Arabia

http://countrymeters.info/en/Saudi_Arabia

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