THE ANALYSIS OF MAIN MACROECONOMIC INDICATORS AND TRADING SECTOR OF THE KINGDOM OF SAUDI ARABIA

Macroeconomic indicators of the Kingdom of Saudi Arabia have been analyzed and oil has been determined as a priority for the country. Then comprehensive information has been reported about Vision 2030, a strategic document adopted in order to reduce oil dependence. After that current situation of the trade sector of the country has been investigated during 2008–2018. The value of trade of the country for 2008–2018, the imported and exported products, the top trading countries, the value of the foreign direct investment (FDI) for 2008–2018 and its weight in GDP, incomes due to the fact that the country is the cradle of Islam. Specific results have been obtained on the basis of the analysis of key macroeconomic indicators, its trade and economic status, and its international position.