Fossil-fuel subsidies in Saudi Arabia
Saudi Arabia: Fossil-fuel subsidies was 59.29 billion billions of current united states dollars in 2023. ▼ Falling
Fossil-fuel subsidies in Saudi Arabia, 2010–2023
Source: United Nations Environment Programme – processed by Our World in Data. Measured in billions of current united states dollars.
Analysis
In 2023, fossil-fuel subsidies in Saudi Arabia stood at 59.29 billion billions of current united states dollars.
The figure is down 24.0% on the previous year and down 22.4% over ten years.
Over the whole period, fossil-fuel subsidies in Saudi Arabia peaked at 79.43 billion billions of current united states dollars in 2012 and was at its lowest, 18.32 billion billions of current united states dollars, in 2020.
That places Saudi Arabia 6th out of 149 countries with data for 2023, putting it 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 | 54.87 billion billions of current united states dollars | 31.19 billion billions of current united states dollars | 79.43 billion billions of current united states dollars | 10 |
| 2020s | 48.99 billion billions of current united states dollars | 18.32 billion billions of current united states dollars | 77.98 billion billions of current united states dollars | 4 |
Countries ranked near Saudi Arabia
- 3 China 76.61 billion billions of current united states dollars compare
- 4 Japan 70.31 billion billions of current united states dollars compare
- 5 India 61.33 billion billions of current united states dollars compare
- 7 Netherlands 42.02 billion billions of current united states dollars compare
- 8 France 38.31 billion billions of current united states dollars compare
- 9 Indonesia 35.41 billion billions of current united states dollars 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)
- Fuel exports 79.4% (2024)
- Electric power transmission and distribution losses 9.1% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 61.8% (2023)
Frequently asked questions
- What is fossil-fuel subsidies in Saudi Arabia?
- Fossil-fuel subsidies in Saudi Arabia was 59.29 billion billions of current united states dollars in 2023, according to United Nations Environment Programme – processed by Our World in Data.
- What is the highest fossil-fuel subsidies recorded in Saudi Arabia?
- The highest recorded value was 79.43 billion billions of current united states dollars in 2012.
- What is the lowest fossil-fuel subsidies recorded in Saudi Arabia?
- The lowest recorded value was 18.32 billion billions of current united states dollars in 2020.
- How does Saudi Arabia rank for fossil-fuel subsidies?
- Saudi Arabia ranks 6th out of 149 countries with data for 2023.
- Is fossil-fuel subsidies rising or falling in Saudi Arabia?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia data come from?
- The figures come from United Nations Environment Programme – processed by Our World in Data, published as part of Fossil-fuel subsidies. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)