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Saudi Arabia Oil rents (% of GDP) 2026: Interactive Chart & Historical Data

Oil rents (% of GDP) in Saudi Arabia stood at 23.69% in 2021, according to World Bank. The latest value is up 7.71 percentage points from 15.98% in 2020. Ten years earlier, in 2011, the value was 49.16% (down 25.47 percentage points since). The highest value since 1970 was 87.09% in 1979, the lowest 15.98% in 2020. Saudi Arabia ranked 5th highest of the 190 countries in this dataset in 2021; Libya ranked first.

Data source: World Bank · Unit: % · Category: Commodities and Energy · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1970–2021
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What is Oil rents (% of GDP)?

Oil rents (% of GDP), measured in %, measures the total economic output of Saudi Arabia. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Saudi Arabia, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Oil rents (% of GDP) in Saudi Arabia?

Oil rents (% of GDP) in Saudi Arabia stood at 23.69% in 2021, according to World Bank.

Is Oil rents (% of GDP) in Saudi Arabia rising or falling?

The latest value is up 7.71 percentage points from 15.98% in 2020. Ten years earlier, in 2011, the value was 49.16% (down 25.47 percentage points since).

How does Saudi Arabia rank for Oil rents (% of GDP)?

Saudi Arabia ranked 5th highest of the 190 countries in this dataset in 2021; Libya ranked first.

What is the highest Oil rents (% of GDP) on record in Saudi Arabia?

The highest value since 1970 was 87.09% in 1979, the lowest 15.98% in 2020.

Metadata for Oil rents (% of GDP) in Saudi Arabia
IndicatorOil rents (% of GDP)
CountrySaudi Arabia
CategoryCommodities and Energy
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series NY.GDP.PETR.RT.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Oil rents (% of GDP) — Saudi Arabia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/SAU. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS

MLA

World Bank. "Oil rents (% of GDP) — Saudi Arabia." EconDash, 2026, https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/SAU. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.

Chicago

World Bank. 2026. "Oil rents (% of GDP) — Saudi Arabia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/SAU. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.

BibTeX
@misc{econdash_wdi_ny_gdp_petr_rt_zs_sau,
  author = {{World Bank}},
  title = {{Oil rents (\% of GDP) --- Saudi Arabia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/SAU},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS}
}