APPENDIX A COUNTRY DATA 1. Profile Population (1993, estimates): 17.5 million Population Growth Rate: 3.5% - 4.0% Religion : Islam Government: Monarchy headed by King Fahd, a Council of Ministers appointed by the King, and a Consultative Council. Languages : Official language is Arabic but English is widely used in business and government. Work Week: a. U.S. Embassy: 8:00 - 17:00 Sat. thru Wed. b. Government : 8:00 - 14:30 Sat. thru Wed. c. Banks : 9:00 - 12:00 and 17:00 - 19:00 Sat. thru Wed. 9:00 - 12:00 Thursdays. d. Others : 8:00 - 12:00 and 16:00 - 20:00 Sat. thru Wed. 8:00 - 13:00 Thursdays. 2. Domestic Economy (USD millions, except as noted): 1993 1994 (E) 1995 (E) - GDP (current, USD Billions) 122.1 117.3 118.4 - GDP projected average growth rate through 1995 (percent): 1.5% - 2.0% - GDP per capita 6975.0 6470.0 6315.0 - Government spending (percent of GDP) 43.0 36.0 36.0 - Inflation (per cent) 1.1 1.0 1.0 - Unemployment (percent) 2.0 2.0 2.0 - Foreign exchange reserves n.a n.a n.a - Average exchange rate for USD 1.00 3.75 3.75 3.75 - Foreign debt 4.0 n.a n.a - Debt service ratio (ratio of principal and interest payments on foreign debt to foreign income) n.a. n.a n.a - US economic/military assistance 0.0. 0.0 0.0 3. Trade (USD millions, except where noted): 1993 1994 (E) 1995 (E) - Total country exports (USD Billions) 42.0 40.9 41.8 - Total country imports (USD Billions) 25.7 24.5 25.2 - U.S. exports (USD Billions) 6.7 6.0 6.1 - U.S. imports (USD Billions) 8.4 7.2 7.4 - U.S. share of host-country imports (percent) 26.1 24.5 24.2 1993 1994 (E) 1995 (E) - Imports of manufactured goods Total (from the world, USD Billions) 20.2 18.1 18.5 From the U.S. (USD Billions) 4.6 4.2 4.3 - U.S. share of manufactured imports (percent) 22.8 23.2 23.2 - Manufactured Goods Trade Balance with U.S. -4.6 -4.2 -4.3 - Projected average annual growth rate from world through 1996 (percent): 5.0% - 6.0% - Projected average annual growth rate from U.S. through 1996 (percent): 5.0% - Imports of agricultural goods Total (from the world) 5.0 4.8 5.0 From the U.S. 0.68 0.66 0.7 - U.S. share of agricultural imports (percent) 13.6 13.8 14.0 - Agricultural goods trade balance with U.S. -0.68 -0.66 -0.70 - Trade balance with three leading partners in 1993 (Billions US Dollars) USA = -1.7 Japan = -4.8 France = -1.27 Germany = +1.0 England = +0.83 - Principal U.S. exports (by tariff line item) 1) 8703 (Passenger Motor Vehicles) 0.79 n.a. n.a. 2) 8704 (Trucks) 0.55 n.a. n.a. 3) 8803 (Aircraft Parts) 0.47 n.a. n.a. 4) 2402 (Cigarettes) 0.21 n.a. n.a. 5) 8411 (Gas Turbines) 0.19 n.a. n.a. - Principal U.S. imports (by tariff line item) 1) 2709 (Crude Oil) 6.94 n.a. n.a. 2) 2710 (Fuel Oil) 0.39 n.a. n.a. 3) 2711 (Propane) 0.12 n.a. n.a. 4) 2207 (Ethyl Alcohol) 0.07 n.a. n.a. 5) 2909 (Ethers) 0.02 n.a. n.a. Source : Ministry of Finance and National Economy; Saudi Arabian Monetary Agency (SAMA); International Monetary Fund; Department of Commerce; FCS estimates; Ministry of Industry & Electricity. 4. Investment (USD millions, except where noted): 1993 1994 (E) 1995 (E) - Total foreign direct investment (USD billions) 7.1 10.1 n.a. - U.S. direct investment (USD billions) 1.8 3.6 n.a. - Percent share of total foreign investment (percent) 25.3 35.6 n.a. - Principal foreign investors USA, United Kingdom, Germany, Japan Source : Ministry of Finance and National Economy; Saudi Arabian Monetary Agency (SAMA); International Monetary Fund; Department of Commerce; FCS estimates; Ministry of Industry & Electricity.