Why is Saudi Arabia a rich country?

Answer 1

The Royal families and their related families are highly rich. Others are economically weaker sections. But the people get free education health care and subsidies. Frankly, illeterate people are poor. They have facilities to come up.

Answer 2

No because it has a high income economy meaning it's economy is going well. Saudi Arabia has the richest economy in all of The Middle East. Saudi Arabia is the worlds richest Islamic State and most people there live in great and well kept housing. It's natural resources is mostly oil. So, Saudi Arabia is a rich country.

Answer 3

Most Saudis are poor, especially the third of the Saudi population who are not Saudi citizens (foreigners and descendants of foreigners, even if their families have been in Saudi Arabia for decades). However, the ruling class in Saudi Arabia is extraordinarily wealthy because of the oil wealth in the country.

Answer 4

yes

most of their wealth came from oil exports

Answer 5

Because Saudi Arabia is filled with oil it has the money to be called rich but that doesn't mean poverty is not there in Saudi.

Answer 6

Yes it is indeed rich in oil. It is one of the most biggest oil producres in the world!! That is A LOT of oil, and they get loads of money from it. Hope that answer'd your question :)

Answer 7

Hey, Well, Saudi has a huge amount of oil and sell it to everyone around the world although their main buyer are the USA.

Answer 8

The government of Saudi Arabia is exorbitantly wealthy because of petroleum revenues, but the majority of the Saudi population is poor.

Answer 9

Like here only the rich ones are.