Military Balance in the Middle East - XIII: The Southern Gulf: Saudi Arabia, the UAE, and Yemen
Military Expenditures and Arms Transfers, Major Arms by Country and Zone, Conventional Forces, and Qualitative Trends
December 28, 1998
Saudi Arabia’s economy reflects the same dip in GDP during much of the 1980s and early to mid-1990s as that of the other oil exporting states. Oil riches recovered in the mid-1990s, but dropped sharply in late, 1997.