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Saudi Arabia is an important country in Middle East. It has an oil based economy which has helped people in Saudi Arabia to maintain a significantly high standard of living. Saudi Arabia's average annual income of 93,472 US dollars in one of the highest in the GCC region.
Saudi Arabia is an important country in Middle East. It has an oil based economy which has helped people in Saudi Arabia to maintain a significantly high standard of living. Saudi Arabia's average annual income of 93,472 US dollars in one of the highest in the GCC region.
A country like Bahrain does have less oil and a lower GDP per capita than a country like Saudi Arabia because oil is a precious mineral. The standard of living in Bahrain because it does not do a lot of importing like Saudi Arabia.
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People in developed countries have a higher standard of living then people in developing countries.
The United Arab Emirates and Kuwait are very close when it comes to standard of living as they are both considered developed countries. However, Kuwait wins by having the 35th highest living standard in the world. Saudi Arabia doesn't come close with the 59th highest living standard in the world. It is a developing country. An important note is that in all three of these countries, there is a huge disparity between the wealthy and the poor. These "living standards" are usually judged by averages and the life of poor Emiratis, Kuwaitis, and Saudis, is not equivalent to poor Western Europeans by a long shot.
The standard of living of a country can not only be judged from the national income of that country but what is important that how people are living in that country .This can be known by the educational attainment, life expectancy and the standard of living of people etc.
the standard of living in Spain is different while you focus in different group of people. however the overall standard is as similar as Italy.
The standard of living for most people was poor. Many people lived day to day not knowing where their next meal was coming from.
A rise in the national income is not necessarily a condition for the rise in people's standard of living. If the wealth is in the hands of a few, then most people's standard of living does not rise. In addition, if the population greatly increases, their is no rise.
America has a high standard of living! As of 2008 (the 2009 index for standard of living is not yet out) The United states has the 15th highest standard of living in the World (Iceland being 1)
They farm and conserve rainwater by making canals and reservoirs