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Saudi Arabia, also referred to as the Kingdom of Saudi Arabia, is the world's second largest oil producer and the largest oil exporter. It controls the world's second largest oil reserves, according to the U.S. Energy Information Administration. The Kingdom is categorized by the World Bank as a high-income economy with a high Human Development Index and is the only Arab country to be part of the G20 (Group of Twenty) economies.

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Last updated: 29.04.2022 - 16:15
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