Oilcrops, Oil Equivalent — Production, annual growth rate in Saudi Arabia

Saudi Arabia: Oilcrops, Oil Equivalent — Production, annual growth rate was 3.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.6 % change on previous year
Change on year
up 129.3%
World rank
65th
of 204 countries
All-time high
969.41 % change on previous year
in 1974
All-time low
-79.17 % change on previous year
in 1973
Years of data
62
1962–2024

Oilcrops, Oil Equivalent — Production, annual growth rate in Saudi Arabia, 1962–2024

02505007501.0k196219932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, oilcrops, oil equivalent — production, annual growth rate in Saudi Arabia stood at 3.6 % change on previous year.

Compared with earlier readings it is up 129.3% on the previous year and up 117.3% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Saudi Arabia peaked at 969.41 % change on previous year in 1974 and was at its lowest, -79.17 % change on previous year, in 1973.

Saudi Arabia ranks 65th of 204 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Oilcrops, Oil Equivalent — Production, annual growth rate in Saudi Arabia, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Saudi Arabia, 1962 to 2024.
Year % change on previous year Change
1962 0 % change on previous year
1963 3.33 % change on previous year
1964 0 % change on previous year -100.0%
1965 3.23 % change on previous year
1966 0 % change on previous year -100.0%
1967 6.25 % change on previous year
1968 5.88 % change on previous year -5.9%
1969 -5.56 % change on previous year -194.4%
1970 5.88 % change on previous year -205.9%
1971 -11.28 % change on previous year -291.7%
1972 -74.45 % change on previous year +560.2%
1973 -79.17 % change on previous year +6.3%
1974 969.41 % change on previous year -1324.5%
1975 -49.39 % change on previous year -105.1%
1976 250.87 % change on previous year -607.9%
1977 15.37 % change on previous year -93.9%
1978 -28.63 % change on previous year -286.3%
1979 25.28 % change on previous year -188.3%
1980 -31.59 % change on previous year -225.0%
1981 0.439 % change on previous year -101.4%
1982 -16.92 % change on previous year -3954.7%
1983 140.84 % change on previous year -932.3%
1984 83.31 % change on previous year -40.8%
1985 -34.39 % change on previous year -141.3%
1986 -25.79 % change on previous year -25.0%
1987 156.93 % change on previous year -708.5%
1988 -25.78 % change on previous year -116.4%
1989 -4.83 % change on previous year -81.3%
1990 17.71 % change on previous year -467.0%
1991 0.6149 % change on previous year -96.5%
1992 15.24 % change on previous year +2378.2%
1993 -2.29 % change on previous year -115.0%
1994 -6.96 % change on previous year +203.5%
1995 5.06 % change on previous year -172.7%
1996 0.6832 % change on previous year -86.5%
1997 2.36 % change on previous year +246.1%
1998 -3.78 % change on previous year -259.8%
1999 -0.0805 % change on previous year -97.9%
2000 29.15 % change on previous year -36294.9%
2001 -18.81 % change on previous year -164.5%
2002 11.7 % change on previous year -162.2%
2003 -6.09 % change on previous year -152.1%
2004 45.5 % change on previous year -846.7%
2005 1.17 % change on previous year -97.4%
2006 4.95 % change on previous year +322.8%
2007 -0.3932 % change on previous year -107.9%
2008 -1.97 % change on previous year +402.0%
2009 -10.07 % change on previous year +410.0%
2010 -15.22 % change on previous year +51.2%
2011 0.1144 % change on previous year -100.8%
2012 -3.96 % change on previous year -3559.5%
2013 6.69 % change on previous year -269.0%
2014 -20.8 % change on previous year -411.1%
2015 4.9 % change on previous year -123.5%
2016 -21.83 % change on previous year -545.8%
2018 22.17 % change on previous year -201.6%
2019 0.5625 % change on previous year -97.5%
2020 1.77 % change on previous year +215.6%
2021 4.69 % change on previous year +164.1%
2022 1.55 % change on previous year -67.0%
2023 -12.28 % change on previous year -892.8%
2024 3.6 % change on previous year -129.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.64 % change on previous year -5.56 % change on previous year 6.25 % change on previous year 8
1970s 102.39 % change on previous year -79.17 % change on previous year 969.41 % change on previous year 10
1980s 24.22 % change on previous year -34.39 % change on previous year 156.93 % change on previous year 10
1990s 2.86 % change on previous year -6.96 % change on previous year 17.71 % change on previous year 10
2000s 5.51 % change on previous year -18.81 % change on previous year 45.5 % change on previous year 10
2010s -3.04 % change on previous year -21.83 % change on previous year 22.17 % change on previous year 9
2020s -0.1341 % change on previous year -12.28 % change on previous year 4.69 % change on previous year 5

Countries ranked near Saudi Arabia

  1. 62 Luxembourg 3.68 % change on previous year compare
  2. 63 Mozambique 3.61 % change on previous year compare
  3. 64 Slovenia 3.61 % change on previous year compare
  4. 66 Angola 3.46 % change on previous year compare
  5. 67 Venezuela (Bolivarian Republic of) 3.29 % change on previous year compare
  6. 68 Saint Kitts and Nevis 3.11 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Saudi Arabia?
Oilcrops, oil equivalent — production, annual growth rate in Saudi Arabia was 3.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Saudi Arabia?
The highest recorded value was 969.41 % change on previous year in 1974.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Saudi Arabia?
The lowest recorded value was -79.17 % change on previous year in 1973.
How does Saudi Arabia rank for oilcrops, oil equivalent — production, annual growth rate?
Saudi Arabia ranks 65th out of 204 countries with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Saudi Arabia?
Over the last ten years it is up 117.3%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia data come from?
The figures come from Statizoid (derived), published as part of Oilcrops, Oil Equivalent — Production, annual growth rate. Statizoid updates them automatically from the source API.

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Oilcrops, Oil Equivalent — Production, annual growth rate in Saudi Arabia. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/saudi-arabia/

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How this figure is calculated

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oilcrops, Oil Equivalent — Production, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
235 places, 12,963 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.