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 |
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.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gasoline prices | 0.24 | 2016 | dollars |
| Diesel prices | 0.12 | 2016 | dollars |
| Energy use per capita | 6,645.96 | 2014 | kilograms of oil equivalent |
| Share of clean energy | 0.10 | 2021 | percent |
| Energy use per $1000 GDP | 141.24 | 2014 | kilograms of oil equivalent |
| Electricity from renewable sources, kWh | 1.00 | 2015 | million kWh |
| Carbon dioxide (CO2) emissions | 513,556 | 2020 | kt |
| Carbon dioxide (CO2) emissions per capita | 14.27 | 2020 | metric tons |
| Greenhouse gas emissions | 712,585 | 2020 | kt of CO2 equivalent |
| GDP per unit of energy | 8.08 | 2014 | GDP per kg of oil equivalent |
| Energy imports | -191.52 | 2014 | 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 | 2022 | percent |