In the Islamic World, Saudi Arabia, which is also known as the Kingdom of Saudi Arabia, holds magnificent importance. This is due to it being the holy land in Islam, considering the presence of two holy mosques in KSA. The most prominent one being the Kaaba, as Muslims face it every day while performing their compulsory five-time prayers.
In terms of GDP, Saudi Arabia ranks second among all Arab states with a massive 520 billion dollars. It doesn't end here as the Crown Prince, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz has the ambition to grow KSA investment even further by 2030. At the moment, KSA earns almost 2.5 the times from its exports as compared to its imports. The economical success of Saudi Arabia can also be due to its geographical location. Its location is ideal as it connects with all the three continents of Asia, Africa and Europe.
Now let's come to the population of Saudi Arabia. From 2016 to 2019, Saudi Arabia has seen a population growth from 32.55 million to 34.14 million. Although officially, the last census was conducted in 2016 and the next one is expected to be conducted in 2020. The 2019 figure is actually an estimation.
The relationship between population growth and the economy is important as both have an impact on each other. This population growth has been considered using mortality rates, immigration and birth rate. To learn more about the demographics of the Saudi Arabia population, have a look at the infographic below.
Infographic by: GlobalMediaInsight