How much does the average person in Saudi Arabia make?
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How much does the average person in Saudi Arabia make?
respondents in the Kingdom of Saudi Arabia (KSA). findings for KSA respondents in 2020 include: The median base salary and median total compensation were $36,000 and $38,000, respectively. This is higher compared to MEAI, where the median base salary and total compensation were $25,000 and $27,000, respectively.
How do Saudi Arabians make a living?
The petroleum sector accounts for roughly 87\% of Saudi budget revenues, 90\% of export earnings, and 42\% of GDP. Saudi Arabia’s oil reserves and production are largely managed by the state-owned corporation Saudi Aramco. Another 40\% of GDP comes from the private sector.
What’s a good salary in Saudi Arabia?
The salary range for people working in Saudi Arabia is typically from 4,987.00 SAR (minimum salary) to 18,702.00 SAR (highest average, actual maximum salary is higher).
What is the highest paid job in Saudi Arabia?
What Is the #1 Highest-Paid Position in Saudi Arabia?
- Chief Executive Officer (MNC) Average Salary: 33,021 SAR per month.
- Surgeon. Average Salary: 32,900 SAR per month.
- Judge. Average Salary: 27,700 per month.
- Dentist. Average Salary: 22,585 SAR per month.
- Lawyer.
- Bank Manager.
- Petroleum Engineer.
- Cyber Security Engineer.
How much money do you need to live in Saudi Arabia?
The average family of four will need at least SR20,000/month to cover basic living expenses. While a generally lower cost of living and high salaries would seem to indicate a good standard of living, other factors can be a problem.
What is the average salary of a job in Saudi Arabia?
Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Salaries in Saudi Arabia range from 4,230 SAR per month (minimum salary) to 74,600 SAR per month (maximum average salary, actual maximum is higher).
What is the quality of life like in Saudi Arabia?
Most significantly, pollution, climate, and a lack of freedom and tolerance are concerns that greatly lower the quality of life in Saudi Arabia. On average, salaries in Saudi Arabia are less than what you would find in Qatar and the UAE but comparable with the UK.
How many expats live in Saudi Arabia?
At just over 10 million people, expats form nearly 76\% of the workforce in Saudi Arabia. Historically, the Kingdom has been a place for both low and high-income expats to spend a few years, send money home, save up, and possibly leave. However, this has been changing.