Consumption subsidies for fossil fuels in Saudi Arabia
Saudi Arabia: Consumption subsidies for fossil fuels was 59.29 billion in 2023. ▼ Falling
Consumption subsidies for fossil fuels in Saudi Arabia, 2010–2023
Source: Our World in Data.
Analysis
Saudi Arabia recorded 59.29 billion for consumption subsidies for fossil fuels in 2023.
That represents a change of down 21.6% on the previous year and down 31.1% over ten years.
Over the whole period, consumption subsidies for fossil fuels in Saudi Arabia peaked at 88.64 billion in 2012 and was at its lowest, 23.76 billion, in 2020.
Saudi Arabia ranks 3rd of 48 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 66.56 billion | 36.75 billion | 88.64 billion | 10 |
| 2020s | 51.23 billion | 23.76 billion | 75.67 billion | 4 |
Countries ranked near Saudi Arabia
- 1 Russia 126.31 billion compare
- 2 Iran (Islamic Republic of) 81.82 billion compare
- 4 China (People’s Republic of) 49.03 billion compare
- 5 India 47.36 billion compare
- 6 Indonesia 29.27 billion compare
More energy & mining data for Saudi Arabia
- Fuel imports 5.7% (2024)
- Ores and metals imports 2.9% (2024)
- Ores and metals exports 1.9% (2024)
- Gas production 1,338 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 38,695 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 1,338 terawatt-hours (2025)
- Gas production per person 38,695 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is consumption subsidies for fossil fuels in Saudi Arabia?
- Consumption subsidies for fossil fuels in Saudi Arabia was 59.29 billion in 2023, according to Our World in Data.
- What is the highest consumption subsidies for fossil fuels recorded in Saudi Arabia?
- The highest recorded value was 88.64 billion in 2012.
- What is the lowest consumption subsidies for fossil fuels recorded in Saudi Arabia?
- The lowest recorded value was 23.76 billion in 2020.
- How does Saudi Arabia rank for consumption subsidies for fossil fuels?
- Saudi Arabia ranks 3rd out of 48 countries with data for 2023.
- Is consumption subsidies for fossil fuels rising or falling in Saudi Arabia?
- Over the last ten years it is down 31.1%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia data come from?
- The figures come from Our World in Data, published as part of Consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).