Saudi Arabia Energy Information
Saudi Arabia Key Figures
GDP growth rate: -4.0 %/year
Energy independence: 100%
Data of the last year available: 2020
CO2 Emissions: 14.0 tCO2/capita
Rate of T&D power losses: 9.03%
* at purchasing power parity
View all macro and energy indicators in the Saudi Arabia energy report
Saudi Arabia Related News
View all news, archive your new and create your own daily newsletters only on your topics/countries of interest with Key Energy Intelligence
Saudi Arabia Related Research
Total Energy Consumption
Consumption per capita is very high, reaching 6 toe in 2019, including about 8.8 MWh of electricity.
Total energy consumption has stopped growing since 2015 and dropped by around 3% in 2020 to 209 Mtoe (-0.7%/year since 2015) due to subsidy cuts and economic slowdown. Before 2015, it had increased rapidly (4%/year over2010-2015), driven by high sustained economic growth combined with low energy prices.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Saudi Arabia Total Energy Consumption
Crude Oil Production
Production increased by 24% between 2010 and 2018 (+34% since 2000) and decreased by 5% in 2019 and by 7% in 2020 to 508 Mt. Crude oil represents more than 85% of the total production, while the rest is made up of NGLs. In 2020, Saudi Arabia has gone from being the world's second to the third-largest oil producer, behind the United States and Russia.
Interactive Chart Saudi Arabia Crude Oil Production
Renewable in % Electricity Production
KACARE oversees renewable programmes. The Saudi Green initiative launched in 2021 and set a target of 50% renewables in the power mix in 2030. Prior to this announcement (in 2019), Saudi Arabia's National Renewable Energy Program targeted 27.3 GW of renewables capacity in 2023 and 58.7 GW in 2030, 40 GW of which from solar and 16 GW from wind. I In April 2020, a Supreme Committee for Energy Mix Affairs, for Electricity Production and Enabling Renewable Energy, chaired by the Crown Prince, was established to oversee renewable energy projects.
Interactive Chart Saudi Arabia Share of Renewables in Electricity Production (incl hydro)
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
CO2 Fuel Combustion/CO2 Emissions
According to its NDC, Saudi Arabia intends to achieve a reduction in emissions of 130 MtCO2eq by 2030 as compared to a BAU scenario. The Saudi Green Initiative set an additional target of reducing emissions by more than 4% of global contributions.
In 2019, the energy minister announced that the country was considering the future implementation of a carbon trading scheme, but no clear plan has yet been proposed.
Secured payment by