because both countries have a relatively small populations of local nationals and high net income industries/ Natural Resources - such as oil and gas.
Basically they are able to produce a lot of high value product and have a low population.
Saudi Arabia is much bigger than Iraq.
I guess in saudi arabia it is about 3000 SR ..
Saudi Arabia would be considered a rich nation from an economist view.With low inflation, diversification efforts, and a very good net trade account balance,High standard of living, high tourism, and sophisticated technology. Yet Saudi arabia has high unemployment rate, and too much dependence on oil sales to other countries.Even then Oil has helped the economy very much.
Saudi riyals 620
what is the cost of nokia c6-01 in saudi arabia
Saudi Arabia supplies much of the world's energy needs. It has large reserves of oil and natural gas.
999sr
$1000,000
28,000pkr
800sr
1200 - 1400 Saudi Riyals
240000 saudi Riyal per year