Saudi Arabia has one of the highest oil and gas shares in its total GDP. In 2023, oil and gas production contributed 50 percent to Saudi Arabia's GDP, meaning the industry is of significant importance to the country's economic health. In comparison, oil and gas production in the United States contributed eight percent to the country's GDP.
Share of GDP attributed to oil and gas production in select countries worldwide in 2023
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UNEP. (November 24, 2023). Share of GDP attributed to oil and gas production in select countries worldwide in 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1451878/share-gdp-oil-and-gas-production-select-countries-globally/
UNEP. "Share of GDP attributed to oil and gas production in select countries worldwide in 2023." Chart. November 24, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1451878/share-gdp-oil-and-gas-production-select-countries-globally/
UNEP. (2023). Share of GDP attributed to oil and gas production in select countries worldwide in 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1451878/share-gdp-oil-and-gas-production-select-countries-globally/
UNEP. "Share of Gdp Attributed to Oil and Gas Production in Select Countries Worldwide in 2023." Statista, Statista Inc., 24 Nov 2023, https://www.statista.com/statistics/1451878/share-gdp-oil-and-gas-production-select-countries-globally/
UNEP, Share of GDP attributed to oil and gas production in select countries worldwide in 2023 Statista, https://www.statista.com/statistics/1451878/share-gdp-oil-and-gas-production-select-countries-globally/ (last visited November 21, 2024)
Share of GDP attributed to oil and gas production in select countries worldwide in 2023 [Graph], UNEP, November 24, 2023. [Online]. Available: https://www.statista.com/statistics/1451878/share-gdp-oil-and-gas-production-select-countries-globally/
