I believe that many people have heard this sentence of a piece of cloth on the head, yes, this is the rich to the trenches of saudi arabia, speaking of Saudi Arabia, the first impression in our minds may be that the streets are full of luxury cars, people are rich and oily, and even some people have ridiculed that Saudi Arabia can also get rich by picking up garbage. Saudi Arabia can be said to be rich and oily, and it is a rich country. The king's visit, just the luggage has hundreds of tons, even the elevator has to take two, not to mention the Saudi royal family, luxury cars and mansions are just small, can only say that poverty limits my imagination!
As a desert country with poor land and low productivity, Saudi Arabia did not even have a basic industrial system. So how did he become the richest man in the world?
In fact, the reason why Saudi Arabia is so rich is because of one thing, that is, oil. Known as the "Kingdom of Oil", Saudi Arabia is currently the second most oil-rich country in the world, after The South American country of Venezuela. Since the Second World War, the use of oil, the blood of the world's industrial development, has begun to increase significantly, and this oil is precisely in the Gulf neighboring countries is the world's largest oil enrichment area, relying on the large amount of oil exploitation, the Gulf countries led by Saudi Arabia, began to become the world's main supply area of oil resources. At present, Saudi Arabia has proven oil reserves of more than 50 billion tons, accounting for about 16% of the current global oil reserves. In addition, Saudi Arabia is the world's third largest crude oil producer, and its crude oil production is second only to the United States and Russia. According to statistics, nearly 90% of Saudi Arabia's annual revenue comes from oil. As early as the 1970s, Saudi Arabia had become one of the countries with the highest per capita national income in the world by relying on oil revenues.
Have you ever heard the phrase "I'm the richest in the world" with a piece of cloth on my head? Speaking of Saudi Arabia, the first impression in our minds may be that the streets are full of luxury cars, and people are rich and oily, so why can they be so trenched? You wouldn't think that Saudi Arabia, flanked by desert, was once the world's largest wheat exporter.
With the huge profits brought by oil, the national strength grew rapidly, so Saudi Arabia began to develop all walks of life, including agriculture. Saudi Arabia is located in the middle of the Arabian Peninsula, bordering the Persian Gulf to the east and the Red Sea to the west. Most of Saudi Arabia is a desert, the average annual rainfall is less than 200 mm, the summer daytime temperature is around 45 °C, the maximum temperature can reach more than 50 °C, in order to solve the shortage of water resources, the Saudi government has taken two ways to ensure that there are enough water resources, seawater desalination, groundwater extraction to ensure water resources. Saudi Arabia already lacks water resources, and in order to ensure that the country has enough water to develop agriculture, only groundwater can be used. After the groundwater is pumped out, large farms are created in the desert through irrigation systems and sprinkler equipment. Huge subsidies, modern management, and successful mobilization of the enthusiasm of the Saudi people have made Saudi wheat production higher than one year.
In just a few years of struggle, Saudi Arabia has not only achieved self-sufficiency in grain from a desert country, but also become one of the few major grain exporters in the Middle East, rising from more than 200,000 tons in 1970 to 4.5 million tons in 1990, and 1.6 million tons of wheat for export and support developing countries.
In the 1990s, Saudi Arabia also became the world's sixth largest grain exporter, but unfortunately the good times did not last long, due to the excessive use of groundwater led to a freshwater crisis in Saudi Arabia, resulting in a shortage of freshwater use in many areas, and finally had to abandon the food self-sufficiency plan, in order to solve the domestic food problem can only buy land from overseas to cultivate. In the 21st century, Saudi Arabia is highly dependent on imports for grain, and an agricultural myth that was once a glorious "desert into fertile land" has become history.
Saudi Arabia can only inherit the family property under helplessness to continue to develop the oil industry, Saudi Arabia in oil production is completely God to eat, not only oil reserves, in the oil quality and extraction costs have a great advantage. Because most of Saudi Arabia's oil is light oil, and most of it is in shallow formations, it only needs a little drilling to produce oil, and the cost of extraction is naturally very low.
In addition, the land area is small and the population is small, while there is a huge amount of rich oil underground. Saudi Arabia's oil exploitation rights, contracted to foreign oil giants, only charge management fees and resource fees. Oil revenues can enable everyone in Saudi Arabia to live a happy life and spend endless amounts of money. He can't think of being rich. In 2019, Saudi Arabia's GDP was $792.9 billion, making it the largest economy in West Asia and North Africa. Saudi Arabia's per capita GDP that year was 23,100 US dollars, which was a proper level of developed countries.
People have the impression that Saudi Arabia is very rich, but the real rich people are still the royal family and nobles, and the local tycoons we usually see are basically nobles. Saudi Arabia is a country that is indeed very rich, but ordinary people do not have so much money, and the really rich people are the Saudi royal family. Because most of the kingdom's power and wealth are in the hands of the king and his family, but the ordinary people of Saudi Arabia are not the richest in the world, but they are not poor. However, saudi arabia's welfare is very good, and in order to maintain its rule, the Saudi royal family will still give a part of its wealth to the people at the bottom every year, especially when the people at the bottom are restless, that is, to throw red envelopes.
What else do you think about the trench brother Saud? Welcome to leave a message below to discuss! We'll see you next time!