Riyadh Chamber of Commerce and Industry (RCCI) has affirmed the progress of the national economy in various domains in a latest summary entitled "The Basic Indicators of the KSA economy" prepared by the Chamber's Research and Studies Center. These basic indicators are tabulated for the fiscal year ending 2005, the Center said. These are as follows: -- Gross Domestic Product (GDP) at current prices increased by 23.6 % to SR 11, 607, 42 Million during 2005 as compared to SR 93, 877,1 Million in 2004. -- The contribution percentage of the private sector in GDP was 29.9% (at current prices) in 2005. -- The share of mining that comprises crude oil and natural gas sectors is about 52.2% of GDP at production's current price, ranking first among other sectors. -- The value of receipts in the balance of payment decreased to SR 44, 480 million, which is 13.3% more than that of the year 2004. -- The disbursements increased to SR178710 million, which is 10.4% more than that of the year 2004. -- The current account of the balance of payment is expected to register a surplus of SR 339989 million as compared to SR194722 million surplus in 2004. -- The actual state budget surplus of SR98 billion registered in 2004 was increased to SR214 billion in the year 2005. -- The cost of living average index increased in the KSA by 0.7% in 2005 and reached 99.6.
