Saudi Arabia
Population (World Bank): 36,947,025 (2023)
Metal/Ore Exports (% of Total Merchandise Exports, World Bank): 1.6% (2021)
Petroleum Production (Million barrels per day, EIA): 10,619 Mb/d (2024)
Human Development Index (World Rank, UNDP): 40
2021 Resource Governance Index Score (NRGI): Not Available
EITI Status: None
Link to key economic information (Atlas of Economic Complexity)
Policy documents that include local content relevant provisions:
Local Content Relevant News:
November 2024 - Saudi Arabian Minister of Industry and Natural Resources reported ongoing talks with oil companies to boost local content
October 2024 - Saudi Arabia signs localization agreements for wind energy steel towers
October 2024 - Saudi energy forum sees major SME and oil and gas deals, boosting localization efforts
May 2024 – What could possibly go wrong? Local content in Nigeria, Brazil, Saudi Arabia and Qatar
July 2023 – Saudi Arabia in $3 billion drive to explore critical minerals for energy transition
June 2023 – ACWA Power unveils massive solar-powered desalination plant in Jubail
January 2023 – Saudi Aramco aims 70% local content procurement by 2025: CEO
January 2022 – Starting at the source – localizing our commercial ecosystem
September 2022 – Saudi Arabia Pumps $80Bn to Develop Local Content
January 2022 – Local content requirements in oil industry earn Saudi Arabia more than US$100B
November 2020 – Aramco Announces Expansion of its Flagship Localization Program
May 2020 – Saudi Arabia Unveils New Measures to Support Mining, Industry
September 2019 – Saudi Arabia Splits Industry and Mining From Energy Ministry
December 2017 – Saudi Aramco Lifts Spending Plans to $414 Billion Over Next Decade
Analysis and Case Studies:
Takamol Holding (2021) – Saudi Arabia Local Labour Market Local Content: Value Creation
Carla Sertin (2021) – How Saudi Aramco's Localisation Programme Helped Battle the Pandemic (Paywall)
Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development (2018) – IGF Local Content Guidance Case Study Saudi Arabia: National Capacity
Damilola Olawuyi (2018) – Local Content Requirements in Oil and Gas Contracts: Regional Trends in the Middle East and North Africa (Paywall)
Relevant Initiatives: