Gross Domestic Product (GDP) According to Central Department of Statistics and information, GDP is estimated to reach SR 1,630 (US $434.7) billions in current prices in 2010, reflecting a growth of 16.6 percent compared to 2009. Private sector is estimated to grow by 5.3 percent in current prices in 2010. In real terms, Overall GDP is estimated to grow by 3.8 percent, with government sector growing by 5.9 percent and private sector by 3.7 percent in 2010 and its contribution to GDP is expected to be 47.8 percent. All components of the GDP recorded positive growth in 2010. In particular, the non-oil industrial sector is estimated to grow by 5.0 percent; construction sector by 3.7 percent; electricity, gas, and water sector by 6.0 percent; transport and communication sector by 5.6 percent; wholesale, retail, restaurants, and hotels by 4.4 percent; and finance, insurance and real estate by 1.4 in constant prices. 2 - General Price Level Inflation, as measured by the cost of living index, is estimated at 3.7 percent in 2010, while the non-oil GDP deflator showed an increase of 1.5 percent. 3 - Foreign Trade and balance of payment According to the Saudi Arabia Monetary Agency (SAMA) preliminary data, total exports of goods are estimated to be SR 886.3 (US $236.3) billions in 2010, representing an increase of 23.0 percent over 2009. Non-oil exports of goods are estimated at SR 124.2 (US $33.1) billions, reflecting an increase of about 14.0 percent and representing 14.0 percent of total goods exported. Total imports of goods are estimated at SR 326.2 (US $87.0) billions in 2010, representing a growth of 0.7 percent compared to 2009. According to the Saudi Arabia Monetary Agency (SAMA) preliminary data, trade balance is estimated to record a surplus of SR 557.9 (US $148.8) billions in 2010, an increase of 41.4 percent compared to last year, as a result of the increase in oil and non-oil exports and the low growth in imports. Current account is estimated to record a surplus amounting to SR 260.9 (US $69.6) billions in 2010 compared to SR 78.6 (US $21.0) billions in 2010, an increase of 32.0 percent."
