Saudi slump

Even wealthy Saudi Arabia is under pressure from tumbling oil prices, and has announced a series of economic reforms

72%

of revenues come from oil

  • $98bn the budget deficit in 2015

  • 80% increase in petrol prices last year in the country

  • $2.5tn size of state-owned oil giant Aramco

  • $2tn potential value of the sovereign wealth fund the Saudis are creating

AP