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Saudi Arabia is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Saudi Arabia may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries can have a lower life expectancy than citizens of developed countries. Each year, Saudi Arabia exports about US$376.3 billion and imports about US$147 billion. 5.7% of the country's population is unemployed. The total number of unemployed in Saudi Arabia is 1,912,598. Government spending on education is 5.6% of GDP. Saudi Arabia has a Human Development Index (HDI) of 0.836. Saudi Arabia has a high HDI score. This suggests that the majority of citizens will be able to live a worthwhile life while providing significant help and support to citizens with lower living standards. The Global Peace Index (GPI) for Saudi Arabia is 2,042. The Strength Rights Index for Saudi Arabia is 2. Overall, it is considered rather weak – bankruptcy and collateral laws fail to protect borrowers' and lenders' rights in the event of credit-related complications; Credit information, if any, is scarce and difficult to access.

Currency
The currency of Saudi Arabia is Saudi Riyal. The plural form of the word Saudi riyal is rial. The symbol used for this currency is ر.س, abbreviated as SAR. The Saudi Riyal is subdivided into Halala; there are 100 in a riyal.

Credit rating
Saudi Arabia's credit rating depth index is 8, which means that the information is mostly sufficient and fairly detailed; Accessibility is not a problem. According to the rating agency S&P, Saudi Arabia has a credit rating of AA- and the prospects for this rating are stable. According to the rating agency Fitch, Saudi Arabia has a credit rating of AA and the prospects for this rating are stable. According to the rating agency Moody's, Saudi Arabia has a credit rating of Aa3 and the prospects for this rating are stable.

Central bank
In Saudi Arabia, the institution that manages the state's currency, money supply and interest rates is called the Saudi Arabian Monetary Agency. Locally, the central bank of Saudi Arabia is called مؤسسة النقد العربي السعودي.

National debt
Saudi Arabia has a public debt of 12.9% of the country's gross domestic product (GDP) as estimated in 2012.

Tax information
Corporate tax in Saudi Arabia is 0%. VAT in Saudi Arabia is 0%.

Finances
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Saudi Arabia is US$1609628 billion. The gross domestic product (GDP) per capita in Saudi Arabia, calculated as purchasing power parity (PPP), was last at 48 million US dollars. PPP in Saudi Arabia is considered below average compared to other countries. Below-average PPPs indicate that citizens in this country find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with below-average purchasing power parities are dangerous locations for investments. The total gross domestic product (GDP) in Saudi Arabia is 748,450 billion.