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Saudi Arabia: Total natural resources rents (% of GDP)

In , Saudi Arabia's Total natural resources rents (% of GDP) was 25.57.

That's up 47.6% from 2020, the highest value since .

The global average for this indicator in 2021 was 6.63 . Saudi Arabia ranks #16 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 20.

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

Trend (2002–2021)

Saudi Arabia Total natural resources rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
55.02
Trough
17.32
1-year change
+47.6%
5-year change
+23.3%
+4.3% / yr
10-year change
-49.1%
-6.5% / yr

Historical Data — Last 10 Years

Year Total natural resources rents (% of GDP)
25.5652
17.3184
25.4532
29.2707
24.4866
20.7350
24.8553
41.3384
45.5309
48.5007

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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

Frequently asked questions

What was Saudi Arabia's Total natural resources rents (% of GDP) in 2021?
In 2021, Saudi Arabia's Total natural resources rents (% of GDP) was 25.57, according to World Bank Open Data.
Is Saudi Arabia's Total natural resources rents (% of GDP) rising or falling?
Saudi Arabia's Total natural resources rents (% of GDP) rose 47.6% from 2020 to 2021.
How does Saudi Arabia rank globally on Total natural resources rents (% of GDP)?
In 2021, Saudi Arabia ranked #16 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Saudi Arabia's Total natural resources rents (% of GDP) compare to the world average?
The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Saudi Arabia is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 20.
What is Total natural resources rents (% of GDP) and how is it measured?
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.