ABSTRACT
The functions of the national account substructure are to link the oil sector to the rest of the economic system, to compute the annual performances of the economy and to show both the composition and the distribution of the national income. Incomes from and payments abroad constitute the balance of payments. The gross national product is, in Saudi Arabia, the most revealing indicator of the kingdom’s global economic activity because of the numerous inter-relations that link the Saudi Arabian economy to the rest of the world. The balance of payments is the account of the kingdom’s economic relationships with the rest of the world. Investment income payments are presently the largest financial leakage. The gross national product is greater than the gross domestic product if the negative impact of both the pilgrimage income and the financial asset loop on the net payments abroad is greater than the positive impact of the loops determining the various payments abroad.
