Saudi Arabia vs World: Goods and services expense
Goods and services expense over time
- Saudi Arabia
- World
How they compare
Saudi Arabia currently reports 27.4% against 11.7% in World, a difference of 15.7%.
That makes Saudi Arabia's figure about 2.3 times World's.
Across all 13 years both countries report, Saudi Arabia has been ahead every year.
Saudi Arabia ranks 24th and World ranks 26th of 154 countries.
Saudi Arabia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | World | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 18.9% | 12.0% | 6.9% | Saudi Arabia |
| 2020s | 23.2% | 12.0% | 11.2% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Saudi Arabia or World?
- Saudi Arabia, at 27.4% against 11.7% in World as of 2023.
- What is the difference in goods and services expense between Saudi Arabia and World?
- 15.7%, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and World?
- 13 years are reported by both, from 2010 to 2022.
- How do Saudi Arabia and World rank globally for goods and services expense?
- Saudi Arabia ranks 24th and World ranks 26th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.