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15 Facts – Poverty in Saudi Arabia is REAL ! 20 percent of Saudis are Seriously Poor As their King is Seriously Rich

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Is there a class system in Saudi Arabia?
Most Saudi nationals generally belong to the middle or upper classes. Members of the elite class are often distinguishable by conspicuous displays of wealth (such as owning luxury cars) or by their family name. They may be more religious, educated, wealthy or hold positions of power in industries such as oil.

Which country has zero poverty?
Iceland stands at the top of countries with the lowest poverty rates with a poverty rate of 4.9% in 2021.

Are there poor citizens in Saudi Arabia?
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The Saudi family is the richest royal family in the world, with a net worth of around $1.4 trillion due to plentiful oil reserves, yet the country itself can be considered poor, with an estimated 20 percent of its people living in poverty.

What is considered poor in Saudi Arabia?
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The Saudi government discloses little official data about its poorest citizens. But press reports and private estimates suggest that between 2 million and 4 million of the country’s native Saudis live on less than about $530 a month – about $17 a day – considered the poverty line in Saudi Arabia.Well that is NOT poor ass There are people who live on less than a Dollar a Day !
Which Arab country has poverty?
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The persistence of conflict in Syria, Iraq, and Yemen remains one of the main drivers of poverty regionally. In Syria, after five years of civil war it is estimated that 80 percent of the population lives in poverty, and life expectancy has been cut by 20 years.

Are there poor people in Qatar?
At least one in ten Qatari households lives in “relative poverty” as usually defined.

Is there poverty in Dubai?
The poverty rate in the UAE is 19.5 percent, juxtaposing the stereotypes that many associate with the UAE. The poverty line in the UAE is defined as an income of 80 dirham ($22) a day. The UAE is mostly populated by immigrants from South Asia, Egypt and Morocco. Expatriates make up 88 percent of the UAE’s population.

Top 15 Facts about Poverty in Saudi Arabia
Saudi Arabia has the lowest reported poverty rate in the Middle East and the 10th lowest poverty rate in the world at 12.7 percent, as of 2017. However, the Saudi government does not release regular statistics regarding this information, resulting in varied estimates by outside agencies.
The country is highly urbanized with close to 85 percent of citizens living in cities and many impoverished citizens, estimated to be around four million Saudis, reside in slums on the outskirts of those cities.
Saudis who do not even live in the slums still struggle to afford the home in the cities. An estimated 60 percent of urban Saudis cannot afford to own their homes outright.
The unemployment rate has risen slightly from 12.8 percent in 2017 to 12.9 percent in the first fiscal quarter of 2018. Crown Prince Mohammed bin Salman and the Saudi government have made tackling unemployment a key component in their economic and social reform program Vision 2030.
The government has implemented an insurance program for unemployed Saudis, but it is still difficult for recipients to survive when the cost of living is constantly increasing.
A major factor in unemployment is the number of foreign workers in Saudi Arabia. There are roughly three million Saudis in the labor force compared to 11 million immigrants who work in similar fields.
Vision 2030 discusses plans to reduce Saudi Arabia’s reliance on oil as the largest economic asset. Instead, the country plans to invest in other industries that will generate more jobs for unemployed Saudis.
The government announced plans to implement nationalization quotas for small businesses and education programs to allow impoverished Saudis to prepare for the employment.
Prince Salman believes that addressing poverty and unemployment is as necessary from the economic perspective as it is from the humanitarian perspective. He believes that by diversifying the economy and improving the poverty and unemployment rates, Saudi Arabia will attract more foreign investment.
Saudi Arabia’s lifting of their long-standing movie theater ban has drawn AMC to create numerous theaters throughout the country, introducing service industry jobs for impoverished citizens who may not be qualified for more specialized positions.
The government has lifted several bans preventing women from working and participating in the economy. With these barriers eliminated, women will be able to work and help provide for their families.
Despite Prince Salman’s popularity and economic ambitions, many are still troubled by the vast wealth gap in Saudi Arabia. While many Saudi citizens live in poverty, Salman’s father, King Salman bin Abdulaziz Al Saud, has an estimated net worth of $17 billion.
With the possibility of water and farmable land becoming scarce in Saudi Arabia in the next few decades, the government will likely need to establish new ways of ensuring food production and food availability at a rate that can support the country’s population.
Saudi Arabia has a history of refusing help from the nongovernmental organization because of the fears of deterring investors, but the government has recently begun to change its policies in favor of helping its impoverished citizens.
Changes will take time. While it is clear that Saudi Arabia is in need of immediate change in some aspects, it will take time for sustainable growth to be implemented.
As Saudi Arabia finds itself in a highly transitional period in terms of social reform and economic reevaluation, its citizens face great uncertainty. However, despite what some of these top 15 facts about poverty in Saudi Arabia may suggest, the country’s leadership has made clear that their top priority is to build the economy into something that will work for, rather than against, the Saudi people

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