Report of Saudi Arabia Essay Example | Topics and Well Written Essays - 1750 words

Report of Saudi Arabia - Essay Example Its system of administration is monarchy based and this continues to be so since its establishment and foundation. The Kingdom generates most of its wealth through oil exploration in the Eastern provinces of the state. So large are the oil reserves that it has been categorized as having the second largest oil reserves in the world. Its government, therefore, relies mostly on revenue generated from oil exports to fund development activities in the Kingdom. Such massive income from oil exports have enabled its government to transform the desert city into a modern economy flooded with modern architecture and infrastructure, using the latest technology available. The kingdom of Saudi Arabia has an estimated population of approximately 28 million. Out of this figure, approximately 17 million are citizens of the Kingdom, while 9 million are registered expatriates. The remaining 2 million are illegal immigrants living in the kingdom (The World Fact Book, 2013). The age structure of a given population plays an important role in determining the most important socioeconomic aspects in development. For instance, a nation that constitutes majority of young population needs to consider investing in education facilities such as schools and colleges. Another importance for age structure is to help predict the political situation in the future. For example, high population of youthful citizen without employment may result to civil unrest in the country. The age structure of Saudi Arabia, therefore, is diversified in nature. The population between the ages of 0 to 14 years constitutes 28.8% of the total population with 3,913,775 being males and 3,727,767 being females. 19.8% of the population is between the ages of 15 to 24 years with 2,811,407 being males and 2,439,978 being females. Ages between 25 to 54 years command the majority population gathering