What was Saudi Arabia's Natural gas rents (% of GDP) in 2021?

In 2021, Saudi Arabia's Natural gas rents (% of GDP) was 1.72, according to World Bank Open Data.

Is Saudi Arabia's Natural gas rents (% of GDP) rising or falling?

Saudi Arabia's Natural gas rents (% of GDP) rose 34.3% from 2020 to 2021.

How does Saudi Arabia rank globally on Natural gas rents (% of GDP)?

In 2021, Saudi Arabia ranked #24 out of 190 countries reporting Natural gas rents (% of GDP).

How does Saudi Arabia's Natural gas rents (% of GDP) compare to the world average?

The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Saudi Arabia is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 19.

Saudi Arabia: Natural gas rents (% of GDP)

Name: Saudi Arabia: Natural gas rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Saudi Arabia's Natural gas rents (% of GDP) was 1.72.

That's up 34.3% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Saudi Arabia ranks #24 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 19.

Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 1.72; 2021
Trough: 0.68; 2016
1-year change: +34.3%
5-year change: +151.1%; +20.2% / yr
10-year change: +73.9%; +5.7% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	1.7158
2020	1.2778
2019	1.0798
2018	1.1073
2017	0.8032
2016	0.6834
2015	0.8416
2014	0.9640
2013	1.0099
2012	0.9973

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy

Frequently asked questions

What was Saudi Arabia's Natural gas rents (% of GDP) in 2021?: In 2021, Saudi Arabia's Natural gas rents (% of GDP) was 1.72, according to World Bank Open Data.
Is Saudi Arabia's Natural gas rents (% of GDP) rising or falling?: Saudi Arabia's Natural gas rents (% of GDP) rose 34.3% from 2020 to 2021.
How does Saudi Arabia rank globally on Natural gas rents (% of GDP)?: In 2021, Saudi Arabia ranked #24 out of 190 countries reporting Natural gas rents (% of GDP).
How does Saudi Arabia's Natural gas rents (% of GDP) compare to the world average?: The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Saudi Arabia is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 19.
What is Natural gas rents (% of GDP) and how is it measured?: Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

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Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.