3 ms·
This says ~16% of their GDP is from oil (directly). 2021 data. https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS?locations=AE https://data.worldbank.org/i
by The_Colonel 3y ago
This says ~16% of their GDP is from oil (directly). 2021 data.
https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS?locations=AE https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS?locat...
Saudi Arabia is at ~24% for comparison.
The question is what happens if you remove those 16%, how much other GDP is tied to it, more or less indirectly.