How Much Money Does Saudi Arabia Make From Hajj and Umrah?

 Hajj and Umrah both have great importance in Islam. Pilgrims perform Hajj or Umrah to gain the closeness of their creator. Hajj and Umrah both are great sources to gain the spiritual satisfaction and expiration of sins. Hajj has a specific time, while the holy practice of Umrah can be undertaken at any time of the year. Each year about 20 million pilgrims from all over the world reach Makkah. They approach this holy city for the accomplishment of their hajj and Umrah. To accomplish your holy journey book cheap December Umrah packages from Manchester.

As each year millions of Muslims reach and stay in Makkah for Hajj and Umrah. Hence the question “how much money does Saudi Arabia make from Hajj and Umrah” arises in the minds of pilgrims. In this fascinating post, we will discover the answer to this confusing question. This is a little difficult to answer this question.

Hajj and Umrah are not the only sources of Saudi Arabia’s Economy. Saudi country has also an export business. In this Business, the Saudi country exports raw materials like plastic, gems, fertilizers and, much more.

 I have searched a lot to discover its answer. I searched how many people went to Makkah and how long they stay. The pilgrims who plan their journey for Hajj or Umrah. They have to book or buy a Visa from an authorized Travel agency. They can also book the whole package, if they wish.

If a pilgrim book a whole package, that will cost him or her around 7,800$ to 9,400$. A part of this amount is given to the Saudi Hajj ministry. While the rest of the amount is divided into hotels and flights expense, transportations, etc. Saudi Arabia country earns a lot from the Hajj and Umrah pilgrimage. Saudi Arabs make about 150 M US dollars from the both Hajj and Umrah pilgrimage. It is another thing that the owners of restaurants, hotels, and local transporters also make a lot of money. This money directly or indirectly goes to the Saudi Arabia government.

This is not the only source of Saudi Arabia’s Economy. Its other source of the economy is oil reservers. Saudi Arabia produces about 11.04M barrels of oil per day. A huge portion of Saudi Arabia's economy depends upon oil. Saudi Arabia makes about 205 billion US dollars each year. This is a huge portion of Saudi Arabia's economy. Saudi Arabia makes about 16.2% of the World's share in petroleum. Petroleum is the main source of the economy of Saudi Arabia.

This is true that Saudi Arabia makes money from both Hajj and Umrah. But this is not the only single source of the Saudi country. The Saudi Arabs also make a lot of money from the oil reserves. I think your doubts have been cleared concerning “how much money Saudi make from Hajj and Umrah”. There are many more sources of Saudi Arabia’s economy. The economy of this country is strong with less unemployment ratio. I think the answer to our question is clarified.