Complex Made Simple

KSA per capita income seen to hit $25,700 this year

According to a report by Credit Suisse Research Institute, Saudi per capita income is estimated to reach $25,700 (SR96,375) in 2013, compared to $23,000 in 2012, Arab News has reported. The average per capita income of the adult in the kingdom climbed 56% in 2011, compared with 2000, to reach $35,959, the report said. Last year, the International Monetary Fund (IMF) raised estimates of the Saudi per capital income from SR81,200 ($21,600) in 2011 to SR87,277 ($23,000) in 2012.