Saudi Arabia Oil Consumption
1965 - 2024 | Yearly | Barrel/Day th | BP PLC
Key information about Saudi Arabia Oil Consumption
- Saudi Arabia Oil Consumption was reported at 3,958.601 Barrel/Day th in Dec 2024
- This records an increase from the previous number of 3,899.859 Barrel/Day th for Dec 2023
- Saudi Arabia Oil Consumption data is updated yearly, averaging 1,403.271 Barrel/Day th from Dec 1965 to 2024, with 60 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 2024 in the chart:
What was Saudi Arabia's Oil Consumption in 2024?
Saudi Arabia Oil Consumption was reported at 3,958.601 Barrel/Day th in Dec 2024 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3,958.601 2024 | 3,899.859 2023 | 389.574 1965 | 4,099.724 2016 | Barrel/Day th | yearly | 1965 - 2024 |
Oil Consumption by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Barrel/Day th) | 461.429 2024 | yearly | 1965 - 2024 |
| Argentina (Barrel/Day th) | 604.335 2024 | yearly | 1965 - 2024 |
| Australia (Barrel/Day th) | 1,087.010 2024 | yearly | 1965 - 2024 |
| Austria (Barrel/Day th) | 228.164 2024 | yearly | 1965 - 2024 |
| Azerbaijan (Barrel/Day th) | 128.187 2024 | yearly | 1985 - 2024 |
| Bangladesh (Barrel/Day th) | 264.439 2024 | yearly | 1971 - 2024 |
| Belarus (Barrel/Day th) | 161.888 2024 | yearly | 1985 - 2024 |
| Belgium (Barrel/Day th) | 576.960 2024 | yearly | 1965 - 2024 |
| Brazil (Barrel/Day th) | 2,575.230 2024 | yearly | 1965 - 2024 |
| Bulgaria (Barrel/Day th) | 108.621 2024 | yearly | 1965 - 2024 |
| Canada (Barrel/Day th) | 2,333.199 2024 | yearly | 1965 - 2024 |
| Chile (Barrel/Day th) | 428.135 2024 | yearly | 1965 - 2024 |
| China (Barrel/Day th) | 16,373.508 2024 | yearly | 1965 - 2024 |
| Colombia (Barrel/Day th) | 449.047 2024 | yearly | 1965 - 2024 |
| Croatia (Barrel/Day th) | 81.166 2024 | yearly | 1990 - 2024 |
| Cyprus (Barrel/Day th) | 49.204 2024 | yearly | 1965 - 2024 |
| Czech Republic (Barrel/Day th) | 199.524 2024 | yearly | 1965 - 2024 |
| Denmark (Barrel/Day th) | 157.093 2024 | yearly | 1965 - 2024 |
| Ecuador (Barrel/Day th) | 290.275 2024 | yearly | 1965 - 2024 |
| Egypt (Barrel/Day th) | 781.742 2024 | yearly | 1965 - 2024 |
| Estonia (Barrel/Day th) | 25.931 2024 | yearly | 1985 - 2024 |
| Finland (Barrel/Day th) | 157.129 2024 | yearly | 1965 - 2024 |
| France (Barrel/Day th) | 1,359.665 2024 | yearly | 1965 - 2024 |
| Germany (Barrel/Day th) | 2,051.450 2024 | yearly | 1965 - 2024 |
| Greece (Barrel/Day th) | 298.340 2024 | yearly | 1965 - 2024 |
| Hong Kong SAR, China (Barrel/Day th) | 304.563 2024 | yearly | 1965 - 2024 |
| Hungary (Barrel/Day th) | 170.580 2024 | yearly | 1965 - 2024 |
| Iceland (Barrel/Day th) | 19.590 2024 | yearly | 1965 - 2024 |
| India (Barrel/Day th) | 5,620.537 2024 | yearly | 1965 - 2024 |
| Indonesia (Barrel/Day th) | 1,633.197 2024 | yearly | 1965 - 2024 |
| Iran (Barrel/Day th) | 1,953.251 2024 | yearly | 1965 - 2024 |
| Iraq (Barrel/Day th) | 924.799 2024 | yearly | 1965 - 2024 |
| Ireland (Barrel/Day th) | 148.713 2024 | yearly | 1965 - 2024 |
| Israel (Barrel/Day th) | 206.941 2024 | yearly | 1965 - 2024 |
| Italy (Barrel/Day th) | 1,262.476 2024 | yearly | 1965 - 2024 |
| Japan (Barrel/Day th) | 3,237.857 2024 | yearly | 1965 - 2024 |
| Kazakhstan (Barrel/Day th) | 346.257 2024 | yearly | 1985 - 2024 |
| South Korea (Barrel/Day th) | 2,891.488 2024 | yearly | 1965 - 2024 |
| Kuwait (Barrel/Day th) | 519.165 2024 | yearly | 1965 - 2024 |
| Latvia (Barrel/Day th) | 32.427 2024 | yearly | 1985 - 2024 |
| Lithuania (Barrel/Day th) | 64.087 2024 | yearly | 1985 - 2024 |
| Luxembourg (Barrel/Day th) | 48.152 2024 | yearly | 1965 - 2024 |
| North Macedonia (Barrel/Day th) | 24.487 2024 | yearly | 1990 - 2024 |
| Malaysia (Barrel/Day th) | 934.378 2024 | yearly | 1965 - 2024 |
| Mexico (Barrel/Day th) | 1,853.303 2024 | yearly | 1965 - 2024 |
| Morocco (Barrel/Day th) | 315.808 2024 | yearly | 1965 - 2024 |
| Netherlands (Barrel/Day th) | 784.681 2024 | yearly | 1965 - 2024 |
| New Zealand (Barrel/Day th) | 158.146 2024 | yearly | 1965 - 2024 |
| Norway (Barrel/Day th) | 222.179 2024 | yearly | 1965 - 2024 |
| Oman (Barrel/Day th) | 217.435 2024 | yearly | 1965 - 2024 |
| Pakistan (Barrel/Day th) | 423.803 2024 | yearly | 1965 - 2024 |
| Peru (Barrel/Day th) | 279.589 2024 | yearly | 1965 - 2024 |
| Philippines (Barrel/Day th) | 486.641 2024 | yearly | 1965 - 2024 |
| Poland (Barrel/Day th) | 704.662 2024 | yearly | 1965 - 2024 |
| Portugal (Barrel/Day th) | 213.117 2024 | yearly | 1965 - 2024 |
| Qatar (Barrel/Day th) | 397.280 2024 | yearly | 1965 - 2024 |
| Romania (Barrel/Day th) | 242.204 2024 | yearly | 1965 - 2024 |
| Russia (Barrel/Day th) | 3,846.333 2024 | yearly | 1985 - 2024 |
| Saudi Arabia (Barrel/Day th) | 3,958.601 2024 | yearly | 1965 - 2024 |
| Singapore (Barrel/Day th) | 1,491.949 2024 | yearly | 1965 - 2024 |
| Slovakia (Barrel/Day th) | 85.275 2024 | yearly | 1965 - 2024 |
| Slovenia (Barrel/Day th) | 45.177 2024 | yearly | 1990 - 2024 |
| South Africa (Barrel/Day th) | 466.576 2024 | yearly | 1965 - 2024 |
| Spain (Barrel/Day th) | 1,269.900 2024 | yearly | 1965 - 2024 |
| Sri Lanka (Barrel/Day th) | 115.513 2024 | yearly | 1965 - 2024 |
| Sweden (Barrel/Day th) | 248.680 2024 | yearly | 1965 - 2024 |
| Switzerland (Barrel/Day th) | 188.016 2024 | yearly | 1965 - 2024 |
| Taiwan (Barrel/Day th) | 823.928 2024 | yearly | 1965 - 2024 |
| Thailand (Barrel/Day th) | 1,252.798 2024 | yearly | 1965 - 2024 |
| Trinidad and Tobago (Barrel/Day th) | 33.237 2024 | yearly | 1965 - 2024 |
| Turkey (Barrel/Day th) | 1,162.458 2024 | yearly | 1965 - 2024 |
| Turkmenistan (Barrel/Day th) | 162.412 2024 | yearly | 1985 - 2024 |
| Ukraine (Barrel/Day th) | 205.977 2024 | yearly | 1985 - 2024 |
| United Arab Emirates (Barrel/Day th) | 1,183.303 2024 | yearly | 1965 - 2024 |
| United Kingdom (Barrel/Day th) | 1,325.100 2024 | yearly | 1965 - 2024 |
| United States (Barrel/Day th) | 18,995.005 2024 | yearly | 1965 - 2024 |
| Uzbekistan (Barrel/Day th) | 137.304 2024 | yearly | 1985 - 2024 |
| Venezuela (Barrel/Day th) | 325.104 2024 | yearly | 1965 - 2024 |
| Vietnam (Barrel/Day th) | 706.872 2024 | yearly | 1965 - 2024 |
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 (%) | -2.8 2024 | yearly | 1969 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -30,833.284 2024 | yearly | 1969 - 2024 |
| National Government Debt (USD mn) | 324,244.9 2024 | yearly | 2004 - 2024 |
| Government Debt: % of GDP (%) | 29.7 Jun 2025 | quarterly | Dec 2016 - Jun 2025 |
| Forecast: Government Expenditure (SAR bn) | 1,570.660 2030 | yearly | 1990 - 2030 |
| Forecast: Government Net Debt (SAR bn) | 2,434.591 2030 | yearly | 1991 - 2030 |
| Forecast: Government Revenue (SAR bn) | 1,369.127 2030 | yearly | 1991 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.415 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 72,543.2 2024 | yearly | 1957 - 2024 |
| Total Exports (USD mn) | 27,037.9 Sep 2025 | monthly | Jan 2015 - Sep 2025 |
| Total Exports Growth (%) | 14.0 Sep 2025 | monthly | Jan 2016 - Sep 2025 |
| Aluminum: Exports (USD th) | 1,915,621.520 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 671,571.662 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 35,252.915 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 20,106.0 Sep 2025 | monthly | Jan 2005 - Sep 2025 |
| Total Imports Growth (%) | 2.8 Sep 2025 | monthly | Jan 2006 - Sep 2025 |
| Imports: Medicament (USD th) | 5,819,315.215 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,075,289.073 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 916.927 Sep 2025 | monthly | Jan 2017 - Sep 2025 |
| Total Imports from USA (USD mn) | 1,803.140 Sep 2025 | monthly | Jan 2005 - Sep 2025 |
| Total Exports to China (USD mn) | 3,882.531 Sep 2025 | monthly | Jan 2017 - Sep 2025 |
| Total Imports from China (USD mn) | 5,661.327 Sep 2025 | monthly | Jan 1981 - Sep 2025 |
| Exports: Value: Non Oil (SAR mn) | 19,555.77 Apr 2018 | monthly | Jan 2005 - Apr 2018 |
| 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: India (SAR mn) | 9,117.572 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: South Korea (SAR mn) | 9,808.619 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: Value (SAR mn) | 94,298.971 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
| Exports: ow China (SAR mn) | 12,252.148 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: ow USA (SAR mn) | 4,116.367 Dec 2024 | monthly | Jan 2017 - Dec 2024 |
| Exports: Value: Asia: India (SAR mn) | 113,354.282 2023 | yearly | 1984 - 2023 |
| Exports: Value: Asia: South Korea (SAR mn) | 107,208.022 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 |
| 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: South Korea (SAR mn) | 22,618.912 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 |
| 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) | 2,674.7 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Current Account Balance (USD mn) | -14,396.8 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Current Account Balance: % of GDP (%) | -4.6 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 6,085.8 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 2.0 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 7,640.716 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.5 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Forecast: Current Account Balance (USD bn) | -47.154 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 780,877.427 2024 | yearly | 2007 - 2024 |
| BoP: USD: FA: Other Investment: Assets (USD mn) | 3,644.042 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Secondary Income (USD mn) | -13,383.060 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Other Investment (USD mn) | -17,689.915 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) | 6,044.079 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Services: Debit (USD mn) | 26,126.658 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Primary Income: Credit (USD mn) | 9,890.738 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Services: Credit (USD mn) | 10,114.940 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Portfolio Investment (USD mn) | 11,646.630 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: Errors and Omissions (USD mn) | -6,661.703 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) | 54,477.369 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Primary Income: Debit (USD mn) | 8,751.144 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Primary Income (USD mn) | 1,139.594 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Goods (USD mn) | 19,465.129 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) | 73,942.498 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: CA: Goods & Services: Services (USD mn) | -16,011.717 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: Financial Account (FA) (USD mn) | -16,358.424 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Direct Investment (USD mn) | 490.518 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Direct Investment: Assets (USD mn) | 4,746.140 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Portfolio Investment: Assets (USD mn) | 17,690.709 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Reserve Assets (USD mn) | -10,805.656 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| BoP: USD: FA: Other Investment: Liabilities (USD mn) | 21,333.957 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| IIP: Assets (SAR mn) | 5,362,114.700 2023 | yearly | 2007 - 2023 |
| 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Household Debt: % of GDP (%) | 10.7 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Money Supply M1 (USD mn) | 441,573.553 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Money Supply M2 (USD mn) | 751,073.852 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| M2 Growth (%) | 7.4 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Reserve Requirement Ratio (%) | 7.0 Oct 2025 | monthly | Mar 1980 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 417,090.6 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 34.661 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 21.3 2024 | yearly | 1957 - 2024 |
| Gold Reserves (USD mn) | 432.945 Oct 2025 | monthly | Dec 1957 - Oct 2025 |
| Total Deposits (USD mn) | 772,745.600 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Total Deposits Growth (%) | 7.0 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| 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) | 390.797 Mar 2025 | quarterly | Mar 1998 - Mar 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 934.426 Mar 2025 | quarterly | Mar 1993 - Mar 2025 |
| Household Debt (USD mn) | 135,984.3 Sep 2025 | quarterly | Mar 1998 - Sep 2025 |
| Total Loans (USD mn) | 873,364.195 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Total Loans Growth (%) | 13.58 Oct 2025 | monthly | Jan 1998 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 64.59 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Base Money (SAR mn) | 411,626.250 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) | 2,966,139.988 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Money Supply: M3: M2: M1 (SAR mn) | 1,679,825.606 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Money Supply: M3: M2 (SAR mn) | 2,664,860.555 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) | 553,046.279 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Official Reserve Assets (SAR mn) | 1,628,755.763 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Official Reserve Assets: Gold (SAR mn) | 1,623.503 Feb 2019 | monthly | Jan 2001 - Feb 2019 |
| Banks Deposits: Demand: Business and Individuals (SAR mn) | 1,159,721.488 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Banks Deposits (SAR mn) | 2,732,425.928 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Bank Loans: Consumer (SAR mn) | 470,985.975 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
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