Saudi Arabia Oil Consumption
1965 - 2023 | Yearly | Barrel/Day th | BP PLC
Key information about Saudi Arabia Oil Consumption
- Saudi Arabia Oil Consumption was reported at 4,051.907 Barrel/Day th in Dec 2023
- This records an increase from the previous number of 3,854.152 Barrel/Day th for Dec 2022
- Saudi Arabia Oil Consumption data is updated yearly, averaging 1,354.266 Barrel/Day th from Dec 1965 to 2023, with 59 observations
- The data reached an all-time high of 4,099.724 Barrel/Day th in 2016 and a record low of 389.574 Barrel/Day th in 1965
- Saudi Arabia Oil Consumption data remains active status in CEIC and is reported by BP PLC
- The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption
View Saudi Arabia's Oil Consumption from 1965 to 2023 in the chart:
What was Saudi Arabia's Oil Consumption in 2023?
Saudi Arabia Oil Consumption was reported at 4,051.907 Barrel/Day th in Dec 2023 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4,051.907 2023 | 3,854.152 2022 | 389.574 1965 | 4,099.724 2016 | Barrel/Day th | yearly | 1965 - 2023 |
Oil Consumption by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Barrel/Day th) | 439.929 2023 | yearly | 1965 - 2023 |
| Argentina (Barrel/Day th) | 689.692 2023 | yearly | 1965 - 2023 |
| Australia (Barrel/Day th) | 1,056.211 2023 | yearly | 1965 - 2023 |
| Austria (Barrel/Day th) | 234.051 2023 | yearly | 1965 - 2023 |
| Azerbaijan (Barrel/Day th) | 130.084 2023 | yearly | 1985 - 2023 |
| Bangladesh (Barrel/Day th) | 239.750 2023 | yearly | 1971 - 2023 |
| Belarus (Barrel/Day th) | 148.256 2023 | yearly | 1985 - 2023 |
| Belgium (Barrel/Day th) | 556.428 2023 | yearly | 1965 - 2023 |
| Brazil (Barrel/Day th) | 2,566.948 2023 | yearly | 1965 - 2023 |
| Bulgaria (Barrel/Day th) | 105.901 2023 | yearly | 1965 - 2023 |
| Canada (Barrel/Day th) | 2,351.163 2023 | yearly | 1965 - 2023 |
| Chile (Barrel/Day th) | 416.424 2023 | yearly | 1965 - 2023 |
| China (Barrel/Day th) | 16,576.537 2023 | yearly | 1965 - 2023 |
| Colombia (Barrel/Day th) | 484.497 2023 | yearly | 1965 - 2023 |
| Croatia (Barrel/Day th) | 69.922 2023 | yearly | 1990 - 2023 |
| Cyprus (Barrel/Day th) | 48.130 2023 | yearly | 1965 - 2023 |
| Czech Republic (Barrel/Day th) | 205.720 2023 | yearly | 1965 - 2023 |
| Denmark (Barrel/Day th) | 152.952 2023 | yearly | 1965 - 2023 |
| Ecuador (Barrel/Day th) | 287.414 2023 | yearly | 1965 - 2023 |
| Egypt (Barrel/Day th) | 741.902 2023 | yearly | 1965 - 2023 |
| Estonia (Barrel/Day th) | 26.663 2023 | yearly | 1985 - 2023 |
| Finland (Barrel/Day th) | 164.121 2023 | yearly | 1965 - 2023 |
| France (Barrel/Day th) | 1,347.801 2023 | yearly | 1965 - 2023 |
| Germany (Barrel/Day th) | 1,954.716 2023 | yearly | 1965 - 2023 |
| Greece (Barrel/Day th) | 296.870 2023 | yearly | 1965 - 2023 |
| Hong Kong SAR, China (Barrel/Day th) | 268.251 2023 | yearly | 1965 - 2023 |
| Hungary (Barrel/Day th) | 167.249 2023 | yearly | 1965 - 2023 |
| Iceland (Barrel/Day th) | 16.927 2023 | yearly | 1965 - 2023 |
| India (Barrel/Day th) | 5,446.103 2023 | yearly | 1965 - 2023 |
| Indonesia (Barrel/Day th) | 1,603.769 2023 | yearly | 1965 - 2023 |
| Iran (Barrel/Day th) | 1,816.840 2023 | yearly | 1965 - 2023 |
| Iraq (Barrel/Day th) | 772.000 2022 | yearly | 1965 - 2022 |
| Ireland (Barrel/Day th) | 147.605 2023 | yearly | 1965 - 2023 |
| Israel (Barrel/Day th) | 223.346 2023 | yearly | 1965 - 2023 |
| Italy (Barrel/Day th) | 1,221.035 2023 | yearly | 1965 - 2023 |
| Japan (Barrel/Day th) | 3,365.773 2023 | yearly | 1965 - 2023 |
| Kazakhstan (Barrel/Day th) | 348.999 2023 | yearly | 1985 - 2023 |
| South Korea (Barrel/Day th) | 2,796.973 2023 | yearly | 1965 - 2023 |
| Kuwait (Barrel/Day th) | 411.498 2023 | yearly | 1965 - 2023 |
| Latvia (Barrel/Day th) | 36.000 2022 | yearly | 1985 - 2022 |
| Lithuania (Barrel/Day th) | 65.140 2023 | yearly | 1985 - 2023 |
| Luxembourg (Barrel/Day th) | 49.000 2022 | yearly | 1965 - 2022 |
| North Macedonia (Barrel/Day th) | 24.000 2022 | yearly | 1990 - 2022 |
| Malaysia (Barrel/Day th) | 929.556 2023 | yearly | 1965 - 2023 |
| Mexico (Barrel/Day th) | 1,961.618 2023 | yearly | 1965 - 2023 |
| Morocco (Barrel/Day th) | 300.366 2023 | yearly | 1965 - 2023 |
| Netherlands (Barrel/Day th) | 850.292 2023 | yearly | 1965 - 2023 |
| New Zealand (Barrel/Day th) | 156.557 2023 | yearly | 1965 - 2023 |
| Norway (Barrel/Day th) | 213.354 2023 | yearly | 1965 - 2023 |
| Oman (Barrel/Day th) | 226.000 2022 | yearly | 1965 - 2022 |
| Pakistan (Barrel/Day th) | 393.519 2023 | yearly | 1965 - 2023 |
| Peru (Barrel/Day th) | 268.919 2023 | yearly | 1965 - 2023 |
| Philippines (Barrel/Day th) | 471.403 2023 | yearly | 1965 - 2023 |
| Poland (Barrel/Day th) | 699.843 2023 | yearly | 1965 - 2023 |
| Portugal (Barrel/Day th) | 216.321 2023 | yearly | 1965 - 2023 |
| Qatar (Barrel/Day th) | 369.968 2023 | yearly | 1965 - 2023 |
| Romania (Barrel/Day th) | 223.411 2023 | yearly | 1965 - 2023 |
| Russia (Barrel/Day th) | 3,634.960 2023 | yearly | 1985 - 2023 |
| Saudi Arabia (Barrel/Day th) | 4,051.907 2023 | yearly | 1965 - 2023 |
| Singapore (Barrel/Day th) | 1,359.343 2023 | yearly | 1965 - 2023 |
| Slovakia (Barrel/Day th) | 88.235 2023 | yearly | 1965 - 2023 |
| Slovenia (Barrel/Day th) | 54.000 2022 | yearly | 1990 - 2022 |
| South Africa (Barrel/Day th) | 522.421 2023 | yearly | 1965 - 2023 |
| Spain (Barrel/Day th) | 1,227.784 2023 | yearly | 1965 - 2023 |
| Sri Lanka (Barrel/Day th) | 98.000 2022 | yearly | 1965 - 2022 |
| Sweden (Barrel/Day th) | 240.332 2023 | yearly | 1965 - 2023 |
| Switzerland (Barrel/Day th) | 188.357 2023 | yearly | 1965 - 2023 |
| Taiwan (Barrel/Day th) | 839.579 2023 | yearly | 1965 - 2023 |
| Thailand (Barrel/Day th) | 1,221.144 2023 | yearly | 1965 - 2023 |
| Trinidad and Tobago (Barrel/Day th) | 32.645 2023 | yearly | 1965 - 2023 |
| Turkey (Barrel/Day th) | 1,135.886 2023 | yearly | 1965 - 2023 |
| Turkmenistan (Barrel/Day th) | 145.936 2023 | yearly | 1985 - 2023 |
| Ukraine (Barrel/Day th) | 203.797 2023 | yearly | 1985 - 2023 |
| United Arab Emirates (Barrel/Day th) | 1,139.420 2023 | yearly | 1965 - 2023 |
| United Kingdom (Barrel/Day th) | 1,324.763 2023 | yearly | 1965 - 2023 |
| United States (Barrel/Day th) | 18,983.557 2023 | yearly | 1965 - 2023 |
| Uzbekistan (Barrel/Day th) | 125.983 2023 | yearly | 1985 - 2023 |
| Venezuela (Barrel/Day th) | 396.384 2023 | yearly | 1965 - 2023 |
| Vietnam (Barrel/Day th) | 602.111 2023 | yearly | 1965 - 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doSaudi Arabia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Consolidated Fiscal Balance (USD mn) | -21,585.731 2023 | yearly | 1969 - 2023 |
| National Government Debt (USD mn) | 273,066.7 2023 | yearly | 2004 - 2023 |
| Government Debt: % of GDP (%) | 28.4 Jun 2024 | quarterly | Dec 2016 - Jun 2024 |
| Forecast: Government Expenditure (SAR bn) | 1,583.493 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (SAR bn) | 1,862.699 2029 | yearly | 1991 - 2029 |
| Forecast: Government Revenue (SAR bn) | 1,433.631 2029 | yearly | 1991 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.415 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
| Total Exports (USD mn) | 23,617.9 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
| Total Exports Growth (%) | -14.9 Sep 2024 | monthly | Jan 2016 - Sep 2024 |
| Aluminum: Exports (USD th) | 2,151,060.164 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 595,269.369 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 22,383.089 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 18,636.1 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Total Imports Growth (%) | 15.0 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Imports: Medicament (USD th) | 5,014,506.913 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,727,931.691 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 873.564 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Total Imports from USA (USD mn) | 1,439.718 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Total Exports to China (USD mn) | 3,710.522 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Total Imports from China (USD mn) | 4,799.619 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Exports: Value: Non Oil (SAR mn) | 19,555.77 Apr 2018 | monthly | Jan 2005 - Apr 2018 |
| Exports: Value: Crude Petroleum (SAR mn) | 513,181.000 2017 | yearly | 1953 - 2017 |
| Exports: Value: Petroleum Products (SAR mn) | 125,222.000 2017 | yearly | 1970 - 2017 |
| Exports: Value: Oil (SAR mn) | 68,943.34 Apr 2018 | monthly | May 2016 - Apr 2018 |
| Exports: ow China (SAR mn) | 13,914.458 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: South Korea (SAR mn) | 6,875.260 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: India (SAR mn) | 7,307.280 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: ow USA (SAR mn) | 3,275.864 Sep 2024 | monthly | Jan 2017 - Sep 2024 |
| Exports: Value: Asia: South Korea (SAR mn) | 107,208.022 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: Japan (SAR mn) | 121,831.325 2023 | yearly | 1984 - 2023 |
| Exports: Value: North America: USA (SAR mn) | 58,495.428 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: China Mainland (SAR mn) | 199,331.298 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: India (SAR mn) | 113,354.282 2023 | yearly | 1984 - 2023 |
| Imports: HS: Value: MC: Mineral Products (SAR mn) | 61,579.696 2023 | yearly | 1983 - 2023 |
| Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) | 17,249.487 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Foodstuffs (SAR mn) | 105,681.247 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) | 33,637.828 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Transport Equipment (SAR mn) | 118,665.412 2023 | yearly | 1970 - 2023 |
| Imports: Value: Asia: China Mainland (SAR mn) | 162,549.731 2023 | yearly | 1984 - 2023 |
| Imports: Value: European Union: Germany (SAR mn) | 34,218.595 2023 | yearly | 1984 - 2023 |
| Imports: Value: North America: USA (SAR mn) | 70,584.316 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: Japan (SAR mn) | 30,693.439 2023 | yearly | 1984 - 2023 |
| Imports: Value: Asia: South Korea (SAR mn) | 22,618.912 2023 | yearly | 1984 - 2023 |
| Export Value Index (2015=100) | 135.681 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 87.505 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 115.814 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 104.491 2021 | yearly | 2000 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,428.0 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Current Account Balance (USD mn) | 4,324.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 1.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 3,115.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | 1.1 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 5,552.736 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 2.0 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Forecast: Current Account Balance (USD bn) | -37.538 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | 765,219.433 2023 | yearly | 2007 - 2023 |
| BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) | 639.030 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) | 2,295.466 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
| BoP: USD: FA: Other Investment: Assets (USD mn) | -11,779.491 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Services: Debit (USD mn) | 25,358.852 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment: Assets (USD mn) | 16,373.149 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment (USD mn) | 10,820.414 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) | 52,073.982 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) | 78,847.952 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) | 5,552.736 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| BoP: USD: CA: Secondary Income (USD mn) | -13,968.144 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Primary Income (USD mn) | 801.100 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Direct Investment: Assets (USD mn) | 2,427.992 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Primary Income: Credit (USD mn) | 8,962.458 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Other Investment: Liabilities (USD mn) | 10,159.889 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: Financial Account (FA) (USD mn) | 668.122 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Primary Income: Debit (USD mn) | 8,161.358 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Direct Investment (USD mn) | -687.475 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Services (USD mn) | -9,282.605 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Services: Credit (USD mn) | 16,076.248 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Other Investment (USD mn) | -21,939.380 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: CA: Goods & Services: Goods (USD mn) | 26,773.970 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: FA: Reserve Assets (USD mn) | 12,474.564 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| BoP: USD: Errors and Omissions (USD mn) | -2,536.199 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| International Investment Position (IIP) (SAR mn) | 2,869,572.875 2023 | yearly | 2007 - 2023 |
| IIP: Liabilities (SAR mn) | 2,492,541.825 2023 | yearly | 2007 - 2023 |
| IIP: Assets (SAR mn) | 5,362,114.700 2023 | yearly | 2007 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.4 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Household Debt: % of GDP (%) | 11.9 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Money Supply M1 (USD mn) | 440,661.196 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Money Supply M2 (USD mn) | 699,622.085 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| M2 Growth (%) | 11.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Reserve Requirement Ratio (%) | 7.0 Nov 2024 | monthly | Mar 1980 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 410,754.7 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 41.018 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 23.9 2023 | yearly | 1957 - 2023 |
| Gold Reserves (USD mn) | 432.934 Nov 2024 | monthly | Dec 1957 - Nov 2024 |
| Total Deposits (USD mn) | 722,426.186 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Total Deposits Growth (%) | 9.2 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Domestic Credit (USD mn) | 279,406.0 Feb 2018 | monthly | Oct 1983 - Feb 2018 |
| Domestic Credit Growth (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
| Credit to Households (USD bn) | 348.930 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 796.302 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Household Debt (USD mn) | 131,348.0 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Total Loans (USD mn) | 768,933.383 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Total Loans Growth (%) | 12.46 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 65.19 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Base Money (SAR mn) | 404,644.104 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) | 2,936,088.999 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Money Supply: M3: M2 (SAR mn) | 2,623,582.819 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Money Supply: M3: M2: M1 (SAR mn) | 1,652,479.487 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) | 522,620.717 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Official Reserve Assets: Gold (SAR mn) | 1,623.503 Feb 2019 | monthly | Jan 2001 - Feb 2019 |
| Official Reserve Assets (SAR mn) | 1,688,661.631 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Bank Loans: Consumer (SAR mn) | 452,321.357 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
More Indicators for Saudi Arabia
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.