Energy
Leading global energy production while accelerating investment in renewables and hydrogen.
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Overview
Saudi Arabia remains the world’s largest oil exporter while simultaneously investing in renewable energy and green hydrogen. The Kingdom is developing large-scale solar and wind projects as part of its transition to a more sustainable energy mix.
Initiatives such as NEOM’s hydrogen project position Saudi Arabia as a future leader in clean energy.
Key highlights
- Global leader in oil production
- Strong push into renewable energy
- Hydrogen economy development
- Large-scale solar and wind investments
Key stats (2025)
- Merchandise exports (current US$) $305.5B
- Merchandise imports (current US$) $232.8B
- Trade (% of GDP) 54.7%
- Oil rents (% of GDP) 23.7%
- Energy use (kg of oil equivalent per capita) 7148.6
- Renewable energy consumption (% of total final energy consumption) 0.1%
- GDP growth, electricity, gas & water 10.1%
Trade volume over time
World Bank methodology for development indicatorsGDP growth by economic activity (GASTAT, % year-on-year)
Market insights
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