Saudi Arabia: Oil revenue
* indicates monthly or quarterly data series
| Saudi Arabia |
Revenue minus production cost of oil, percent of GDP |
|---|---|
| Latest value | 23.69 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1970 - 2021 |
| Average | 37.79 |
| Min - Max | 15.98 - 87.09 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2021 is 23.69 percent, an increase from 15.98 percent in 2020. In comparison, the world average is 2.69 percent, based on data from 181 countries. Historically, the average for Saudi Arabia from 1970 to 2021 is 37.79 percent. The minimum value, 15.98 percent, was reached in 2020 while the maximum of 87.09 percent was recorded in 1979.
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* indicates monthly or quarterly data series
| Recent values | Saudi Arabia: Oil revenue |
|---|---|
| 2021 | 23.69 |
| 2020 | 15.98 |
| 2019 | 24.33 |
| 2018 | 28.08 |
| 2017 | 23.62 |
| 2016 | 20.01 |
| 2015 | 23.96 |
| 2014 | 40.32 |
Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Energy use per capita | 7,148.59 | 2023 | kilograms of oil equivalent |
| Share of clean energy | 0.10 | 2021 | percent |
| Carbon intensity | 0.29 | 2024 | kg of CO2 per dollar of GDP |
| Energy use per $1000 GDP | 110.86 | 2023 | kilograms of oil equivalent |
| Electricity from renewable sources, kWh | 266.95 | 2021 | million kWh |
| Carbon dioxide (CO2) emissions | 653 | 2024 | Mt CO2 eq |
| Carbon dioxide (CO2) emissions per capita | 18.48 | 2024 | metric tons of carbon dioxide equivalent per capita |
| Greenhouse gas emissions | 839 | 2024 | kt of CO2 equivalent |
| GDP per unit of energy | 10.01 | 2023 | GDP per kg of oil equivalent |
| Net energy imports | -178.20 | 2022 | percent |
| Natural resources income | 25.57 | 2021 | percent |
| Oil revenue | 23.69 | 2021 | percent |
| Natural gas revenue | 1.72 | 2021 | percent |
| Access to electricity | 100.00 | 2024 | percent |
| Gasoline consumption per capita | 873.604 | 2024 | liters per person per year |