Oil reserves, per unit of GDP in Saudi Arabia
Saudi Arabia: Oil reserves, per unit of GDP was 0.0418 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Saudi Arabia, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in Saudi Arabia stood at 0.0418 cubic meters per US$ of GDP. That is the lowest value across all 42 years on record.
The figure is down 24.3% on the previous year and down 32.3% over ten years.
Over the whole period, oil reserves, per unit of gdp in Saudi Arabia peaked at 0.3481 cubic meters per US$ of GDP in 1990 and was at its lowest, 0.0418 cubic meters per US$ of GDP, in 2021.
That places Saudi Arabia 6th out of 198 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Saudi Arabia, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.1609 cubic meters per US$ of GDP | — |
| 1981 | 0.145 cubic meters per US$ of GDP | -9.9% |
| 1982 | 0.1741 cubic meters per US$ of GDP | +20.1% |
| 1983 | 0.2035 cubic meters per US$ of GDP | +16.8% |
| 1984 | 0.2244 cubic meters per US$ of GDP | +10.3% |
| 1985 | 0.2628 cubic meters per US$ of GDP | +17.1% |
| 1986 | 0.3135 cubic meters per US$ of GDP | +19.3% |
| 1987 | 0.3139 cubic meters per US$ of GDP | +0.1% |
| 1988 | 0.3055 cubic meters per US$ of GDP | -2.7% |
| 1989 | 0.2878 cubic meters per US$ of GDP | -5.8% |
| 1990 | 0.3481 cubic meters per US$ of GDP | +21.0% |
| 1991 | 0.3126 cubic meters per US$ of GDP | -10.2% |
| 1992 | 0.3019 cubic meters per US$ of GDP | -3.4% |
| 1993 | 0.3113 cubic meters per US$ of GDP | +3.1% |
| 1994 | 0.3072 cubic meters per US$ of GDP | -1.3% |
| 1995 | 0.2897 cubic meters per US$ of GDP | -5.7% |
| 1996 | 0.2617 cubic meters per US$ of GDP | -9.7% |
| 1997 | 0.2505 cubic meters per US$ of GDP | -4.3% |
| 1998 | 0.2833 cubic meters per US$ of GDP | +13.1% |
| 1999 | 0.2571 cubic meters per US$ of GDP | -9.2% |
| 2000 | 0.2211 cubic meters per US$ of GDP | -14.0% |
| 2001 | 0.226 cubic meters per US$ of GDP | +2.2% |
| 2002 | 0.2195 cubic meters per US$ of GDP | -2.9% |
| 2003 | 0.1929 cubic meters per US$ of GDP | -12.1% |
| 2004 | 0.1609 cubic meters per US$ of GDP | -16.6% |
| 2005 | 0.1268 cubic meters per US$ of GDP | -21.2% |
| 2006 | 0.1115 cubic meters per US$ of GDP | -12.1% |
| 2007 | 0.101 cubic meters per US$ of GDP | -9.4% |
| 2008 | 0.0808 cubic meters per US$ of GDP | -20.0% |
| 2009 | 0.0979 cubic meters per US$ of GDP | +21.1% |
| 2010 | 0.0795 cubic meters per US$ of GDP | -18.8% |
| 2011 | 0.0618 cubic meters per US$ of GDP | -22.3% |
| 2012 | 0.0559 cubic meters per US$ of GDP | -9.4% |
| 2013 | 0.0548 cubic meters per US$ of GDP | -2.0% |
| 2014 | 0.0537 cubic meters per US$ of GDP | -2.0% |
| 2015 | 0.0609 cubic meters per US$ of GDP | +13.5% |
| 2016 | 0.0615 cubic meters per US$ of GDP | +0.9% |
| 2017 | 0.0571 cubic meters per US$ of GDP | -7.1% |
| 2018 | 0.0477 cubic meters per US$ of GDP | -16.5% |
| 2019 | 0.0476 cubic meters per US$ of GDP | -0.2% |
| 2020 | 0.0553 cubic meters per US$ of GDP | +16.1% |
| 2021 | 0.0418 cubic meters per US$ of GDP | -24.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2391 cubic meters per US$ of GDP | 0.145 cubic meters per US$ of GDP | 0.3139 cubic meters per US$ of GDP | 10 |
| 1990s | 0.2923 cubic meters per US$ of GDP | 0.2505 cubic meters per US$ of GDP | 0.3481 cubic meters per US$ of GDP | 10 |
| 2000s | 0.1538 cubic meters per US$ of GDP | 0.0808 cubic meters per US$ of GDP | 0.226 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0581 cubic meters per US$ of GDP | 0.0476 cubic meters per US$ of GDP | 0.0795 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0486 cubic meters per US$ of GDP | 0.0418 cubic meters per US$ of GDP | 0.0553 cubic meters per US$ of GDP | 2 |
Countries ranked near Saudi Arabia
- 3 Iraq 0.11 cubic meters per US$ of GDP compare
- 4 Kuwait 0.1088 cubic meters per US$ of GDP compare
- 5 Iran, Islamic Republic of 0.0814 cubic meters per US$ of GDP compare
- 7 United Arab Emirates 0.0368 cubic meters per US$ of GDP compare
- 8 Congo 0.0309 cubic meters per US$ of GDP compare
- 9 Syrian Arab Republic 0.0267 cubic meters per US$ of GDP 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 oil reserves, per unit of gdp in Saudi Arabia?
- Oil reserves, per unit of gdp in Saudi Arabia was 0.0418 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Saudi Arabia?
- The highest recorded value was 0.3481 cubic meters per US$ of GDP in 1990.
- What is the lowest oil reserves, per unit of gdp recorded in Saudi Arabia?
- The lowest recorded value was 0.0418 cubic meters per US$ of GDP in 2021.
- How does Saudi Arabia rank for oil reserves, per unit of gdp?
- Saudi Arabia ranks 6th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Saudi Arabia?
- Over the last ten years it is down 32.3%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.