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Saudi Arabia
Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 15.05.2017

Vos conseillers à la Chambre de Commerce

  • Edith Stein
    +352423939482
  • Daniel Sahr
    +352423939313
Contactez-nous: middleeast@cc.lu

Indicateurs clés

Région
2,149,690 km2
Population
27,752,316 (est.July 2015)
Type de gouvernement
monarchy
Langues
Arabic (official)
PIB
$1.683 trillion (2015 est.)
Taux de croissance
3.4% (2015 est.)
IHD
39
Capitale
Riyadh

 

Introduction

Saudi Arabia is the birthplace of Islam and home to Islam's two holiest shrines in Mecca and Medina. The king's official title is the Custodian of the Two Holy Mosques. The modern Saudi state was founded in 1932 by ABD AL-AZIZ bin Abd al-Rahman Al SAUD (Ibn Saud) after a 30-year campaign to unify most of the Arabian Peninsula. One of his male descendants rules the country today, as required by the country's 1992 Basic Law. Following Iraq's invasion of Kuwait in 1990, Saudi Arabia accepted the Kuwaiti royal family and 400,000 refugees while allowing Western and Arab troops to deploy on its soil for the liberation of Kuwait the following year. The continuing presence of foreign troops on Saudi soil after the liberation of Kuwait became a source of tension between the royal family and the public until all operational US troops left the country in 2003. Major terrorist attacks in May and November 2003 spurred a strong ongoing campaign against domestic terrorism and extremism.

From 2005 to 2015, King ABDALLAH incrementally modernized the Kingdom. Driven by personal ideology and political pragmatism, he introduced a series of social and economic initiatives, including expanding employment and social opportunities for women, attracting foreign investment, increasing the role of the private sector in the economy, and discouraging businesses from hiring foreign workers. Saudi Arabia saw protests during the 2011 Arab Spring among Shia Muslims in the Eastern Province, who protested primarily against the detention of political prisoners, endemic discrimination, and Bahraini and Saudi Government actions in Bahrain. Riyadh took a cautious but firm approach by arresting some protesters but releasing most of them quickly and by using its state-sponsored clerics to counter political and Islamist activism. In addition, protests were met by a strong police presence, with some arrests, but not the level of bloodshed seen in protests elsewhere in the region.

The government held its first-ever elections in 2005 and 2011, when Saudis went to the polls to elect municipal councilors. In December 2015, women were allowed to vote and stand as candidates for the first time in municipal council elections, with 21 women winning seats. King SALMAN bin Abd al-Aziz Al Saud ascended to the throne in 2015 and placed the first next-generation prince, MUHAMMAD BIN NAIF bin Abd al-Aziz Al Saud, in the line of succession as Crown Prince. He designated his son, MUHAMMAD BIN SALMAN bin Abd al-Aziz Al Saud, as the Deputy Crown Prince. In March 2015, Saudi Arabia led a coalition of 10 countries in a military campaign to restore the government of Yemen, which had been ousted by Huthi forces allied with former president ALI ABDULLAH al-Salih. The war in Yemen has led to civilian casualties and shortages of basic supplies, which has drawn considerable international criticism. In December 2015, Deputy Crown Prince MUHAMMAD BIN SALMAN announced Saudi Arabia would lead a 34-nation Islamic Coalition to fight terrorism. In January 2016, Saudi Arabia executed 47 people on charges of terrorism, including Shia Muslim cleric NIMR al-Nimr. Iranian protesters overran Saudi diplomatic facilities in Iran to protest al-NIMR’s execution and the Saudi government responded by cutting off diplomatic ties with Iran.

Source: The CIA World Factbook - Saudi Arabia

 

Indicateurs macroéconomiques

IMF Statistics:   

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
3.6393.4861.1941.9812.551
Gross domestic product, current prices
U.S. dollars (Billions)
753.832646.002637.785689.004740.218
Gross domestic product per capita, current prices
U.S. dollars (Units)
24,498.61820,582.62619,922.36521,100.28722,224.195
Inflation, average consumer prices
Percent change
2.6852.1894.0241.9824.697
Volume of imports of goods and services
Percent change
16.3241.161-9.4832.7103.934
Volume of exports of goods and services
Percent change
2.0974.1154.0122.1882.343
Unemployment rate
Percent of total labor force
5.7215.591n/an/an/a
Current account balance
U.S. dollars (Billions)
73.758-53.478-42.281-17.674-13.499
Current account balance
Percent of GDP
9.784-8.278-6.629-2.565-1.824
Colored cells are estimates

Source: IMF Statistics - Saudi Arabia

 

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 07.05.2013 (Memorial 2014, A, p. 1816)
  • Effective as of 01.01.15

Air Services agreement

None

 

Source: Administration des contributions directes

 

 

 

Plus d'informations

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Saudi Arabia

Le Luxembourg est représenté par:
Ambassade Royale des Pays-Bas à Riyad

Poste compétent pour les affaires consulaires:
Ambassade du Royaume de Belgique à Riyad

Visa
Les demandes de visas pour se rendre au Luxembourg sont à adresser à la représentation de:

Ambassade du Royaume de Belgique à Riyad

Economic and Commercial Attaché (AWEX):                                      

Denis LAHAYE

2 Main Road - Lot No. A2
P. O. Box 94396
Riyadh 11693

Tel: +966 1 4808614
Fax: +966 1 4808615
E-mail: riyadh(at)awex-wallonia.com 

Annuler les modificationsCountry risk as defined by Office du Ducroire for Saudi Arabia

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Ducroire Office - Country Risk for Saudi Arabia

Luxembourg for Business market entry guide to Saudi Arabia: Market entry guides are brochure series published by the Ministry of the Economy and Foreign. The series focuses on worldwide markets, industries and business environments, providing comprehensive and in-depth analysis and guidelines. The brochures cover all aspects relating to a market entry including the economic, financial and legal frameworks. The brochures are a vast knowledge pool, compiled into a practice oriented document with many tips and important addresses.

Other useful links: