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Saudi Arabia’s economy has changed a lot over the last few years, in terms of size and capacity. Back in 2003 it was a $213 billion economy, today it has more than doubled. Few countries have the ability to double in size in the space of six years. Within the same period, however, the country’s actual budget has grown from $69 billion to $170 billion, a near threefold expansion. As per capita incomes shrink in many euro zone economies, Saudi Arabia since 2003 had been able to nearly double its own.
In 2005, the education budget of Saudi Arabia amounted to SR70 billion, in the 2011 budget it amounts to SR150, an increase of more than 100 percent.
Taken from arabnews