Fossil-fuel subsidies (consumption and production) in Saudi Arabia

Saudi Arabia: Fossil-fuel subsidies (consumption and production) was 47.44 in 2024. ▼ Falling

Latest (2024)
47.44
Change on year
down 15.6%
World rank
6th
of 201 countries
All-time high
79.43
in 2012
All-time low
18.32
in 2020
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) in Saudi Arabia, 2010–2024

204060802010201720242010: 52.62011: 70.62012: 79.42013: 76.42014: 73.72015: 51.52016: 33.92017: 40.32018: 39.22019: 31.22020: 18.32021: 40.42022: 74.22023: 56.22024: 47.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in Saudi Arabia is 47.44, measured in 2024.

The figure is down 15.6% on the previous year and down 35.6% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Saudi Arabia peaked at 79.43 in 2012 and was at its lowest, 18.32, in 2020.

Saudi Arabia ranks 6th of 201 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 15 years of available data.

Fossil-fuel subsidies (consumption and production) in Saudi Arabia, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Saudi Arabia, 2010 to 2024.
Year Value Change
2010 52.59
2011 70.6 +34.3%
2012 79.43 +12.5%
2013 76.38 -3.8%
2014 73.68 -3.5%
2015 51.54 -30.1%
2016 33.85 -34.3%
2017 40.32 +19.1%
2018 39.16 -2.9%
2019 31.19 -20.3%
2020 18.32 -41.3%
2021 40.36 +120.3%
2022 74.2 +83.9%
2023 56.2 -24.3%
2024 47.44 -15.6%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 47.44 is above the median for high income countries, which is 0.9298, 51.0× the median. (61 countries reporting)
  • Saudi Arabia's 47.44 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.16, 40.9× the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 54.87 31.19 79.43 10
2020s 47.3 18.32 74.2 5

Countries ranked near Saudi Arabia

  1. 3 Iran (Islamic Republic of) 104.6 compare
  2. 4 China 90.01 compare
  3. 5 India 67.5 compare
  4. 7 Japan 45.11 compare
  5. 8 Indonesia 34.79 compare
  6. 9 Netherlands (Kingdom of the) 31.62 compare

See the full ranking of 238 places →

More energy & mining data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Saudi Arabia?
Fossil-fuel subsidies (consumption and production) in Saudi Arabia was 47.44 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Saudi Arabia?
The highest recorded value was 79.43 in 2012.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Saudi Arabia?
The lowest recorded value was 18.32 in 2020.
How does Saudi Arabia rank for fossil-fuel subsidies (consumption and production)?
Saudi Arabia ranks 6th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Saudi Arabia?
Over the last ten years it is down 35.6%. The long-run trend across the full record is falling.
Where does this Saudi Arabia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

Fossil-fuel subsidies (consumption and production) in Saudi Arabia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/saudi-arabia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/saudi-arabia/">Fossil-fuel subsidies (consumption and production) in Saudi Arabia</a> — Statizoid

About this data

Indicator
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
238 places, 3,358 data points, 2010–2024
Last refreshed