US News & World magazine revealed in a recent study that ranked Saudi Arabia ranked ninth among the most powerful countries in the world.
The study indicated that this list is topped by five countries (America, Russia, China, Germany, and Britain).
The study attributed Saudi Arabia to be evaluated at this time according to its great political influence, huge economic capabilities, military superiority, its speed in forming and strengthening international alliances, and its capabilities in dealing with crises.
Saudi Arabia’s choice in this list is a natural reflection of its global standing and regional power, and its taking the lead in facing many challenges and facing many crises in the region and the world.
On the economic level, the International Monetary Fund confirmed that economic power that the Kingdom of Saudi Arabia possesses, by raising its expectations for the growth of its economy to 2.4% in 2019.
As for Moody's Credit Rating Agency, it had another opinion, according to a report last year that the real GDP growth for Saudi Arabia will remain less than 5% in the period ranging from this year to 2022, as it seeks to implement Vision 2030. < / p>
The Saudi Vision 2030 aims to improve the Kingdom's economic position to be among the top 15 economies in the world instead of its current position in the 20th rank globally.
