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
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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) | 24,742.1 Aug 2024 | monthly | Jan 2015 - Aug 2024 |
| Total Exports Growth (%) | -9.8 Aug 2024 | monthly | Jan 2016 - Aug 2024 |
| Aluminum: Exports (USD th) | 2,151,060.164 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 545,269.271 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 22,592.765 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 17,277.0 Aug 2024 | monthly | Jan 2005 - Aug 2024 |
| Total Imports Growth (%) | -3.9 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Medicament (USD th) | 5,358,995.860 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,078,407.217 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 929.433 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Total Imports from USA (USD mn) | 1,659.434 Aug 2024 | monthly | Jan 2005 - Aug 2024 |
| Total Exports to China (USD mn) | 3,955.873 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Total Imports from China (USD mn) | 3,833.887 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
| Exports: Value: Oil (SAR mn) | 68,943.34 Apr 2018 | monthly | May 2016 - Apr 2018 |
| Exports: Value: Petroleum Products (SAR mn) | 125,222.000 2017 | yearly | 1970 - 2017 |
| Exports: Value: Crude Petroleum (SAR mn) | 513,181.000 2017 | yearly | 1953 - 2017 |
| Exports: Value: Non Oil (SAR mn) | 19,555.77 Apr 2018 | monthly | Jan 2005 - Apr 2018 |
| Exports: ow China (SAR mn) | 14,834.524 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Exports: India (SAR mn) | 8,822.221 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Exports: South Korea (SAR mn) | 8,940.899 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Exports: ow USA (SAR mn) | 3,485.373 Aug 2024 | monthly | Jan 2017 - Aug 2024 |
| Exports: Value (SAR mn) | 92,782.918 Aug 2024 | monthly | Jan 2015 - Aug 2024 |
| Exports: Value: Asia: India (SAR mn) | 113,354.282 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: Japan (SAR mn) | 121,831.325 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: South Korea (SAR mn) | 107,208.022 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: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) | 33,637.828 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Foodstuffs (SAR mn) | 105,681.247 2023 | yearly | 1970 - 2023 |
| Imports: HS: Value: Transport Equipment (SAR mn) | 118,665.412 2023 | yearly | 1970 - 2023 |
| Imports: Value: Asia: South Korea (SAR mn) | 22,618.912 2023 | yearly | 1984 - 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: Asia: Japan (SAR mn) | 30,693.439 2023 | yearly | 1984 - 2023 |
| Imports: Value: North America: USA (SAR mn) | 70,584.316 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) | 785,074.650 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: CA: Secondary Income (USD mn) | -13,968.144 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: 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: Reserve Assets (USD mn) | 12,474.564 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: Errors and Omissions (USD mn) | -2,536.199 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: CA: Primary Income: Debit (USD mn) | 8,161.358 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 (USD mn) | -21,939.380 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: Portfolio Investment: Liabilities (USD mn) | 5,552.736 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| BoP: USD: FA: Portfolio Investment (USD mn) | 10,820.414 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: Financial Account (FA) (USD mn) | 668.122 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: CA: Goods & Services: Goods (USD mn) | 26,773.970 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: FA: Other Investment: Liabilities (USD mn) | 10,159.889 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 |
| International Investment Position (IIP) (SAR mn) | 2,944,029.939 2023 | yearly | 2007 - 2023 |
| IIP: Liabilities (SAR mn) | 2,407,971.859 2023 | yearly | 2007 - 2023 |
| IIP: Assets (SAR mn) | 5,352,001.798 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) | 444,677.991 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Money Supply M2 (USD mn) | 697,175.467 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| M2 Growth (%) | 11.3 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Reserve Requirement Ratio (%) | 7.0 Oct 2024 | monthly | Mar 1980 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 431,870.8 Sep 2024 | monthly | Jan 2001 - Sep 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 Oct 2024 | monthly | Dec 1957 - Oct 2024 |
| Total Deposits (USD mn) | 725,034.612 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Total Deposits Growth (%) | 10.7 Sep 2024 | monthly | Jan 1994 - Sep 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) | 760,836.979 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Total Loans Growth (%) | 12.16 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 65.19 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Base Money (SAR mn) | 399,205.988 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) | 2,943,661.466 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Money Supply: M3: M2: M1 (SAR mn) | 1,667,542.465 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Money Supply: M3: M2 (SAR mn) | 2,614,408.000 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Official Reserve Assets (SAR mn) | 1,713,646.719 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) | 646,420.422 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Official Reserve Assets: Gold (SAR mn) | 1,623.503 Feb 2019 | monthly | Jan 2001 - Feb 2019 |
| Banks Deposits: Demand: Business and Individuals (SAR mn) | 1,133,207.239 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Banks Deposits (SAR mn) | 2,680,243.549 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Bank Loans: Consumer (SAR mn) | 452,321.357 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
More Indicators for Saudi Arabia
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