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Share of GDP generated from oil rents in Saudi Arabia 2011-2020

Published by
Amna Puri-Mirza,
Mar 10, 2023
The average share of GDP generated from oil rents in Saudi Arabia decreased by 6.9 percentage points in 2020 in comparison to the previous year. Therefore, the average share in Saudi Arabia saw its lowest number in that year with 17.7 percent.

Oil rents are estimated from the difference between the value of crude oil production at regional prices and the total costs of production. Values are expressed as a share of gross domestic product.
Find more key insights for the average share of GDP generated from oil rents in countries like Kuwait and Bahrain.

Share of the gross domestic product generated from oil rents in Saudi Arabia from 2011 to 2020

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Release date

March 2023

Region

Saudi Arabia, MENA

Survey time period

2011 to 2020

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Statistics on " Crude oil industry of the Gulf Cooperation Council "

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Statistics on Crude oil industry of the Gulf Cooperation Council

Global overview

3

Regional overview

3

Saudi Arabia

5

United Arab Emirates

5

Kuwait

5

Qatar

5

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Topics

Crude oil industry in the GCCOPECOil industry worldwideSaudi Aramco
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