Tax revenue in Saudi Arabia
Saudi Arabia: Tax revenue was 8.1% in 2024. ▲ Rising
Tax revenue in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Saudi Arabia recorded 8.1% for tax revenue in 2024.
Compared with earlier readings it is up 3.7% on the previous year and up 203.8% over ten years.
Over the whole period, tax revenue in Saudi Arabia peaked at 8.6% in 2021 and was at its lowest, 2.3%, in 2011.
Saudi Arabia ranks 139th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Tax revenue in Saudi Arabia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 2.5% | — |
| 2011 | 2.3% | -9.1% |
| 2012 | 2.5% | +8.0% |
| 2013 | 2.7% | +6.7% |
| 2014 | 2.7% | +0.4% |
| 2015 | 3.1% | +18.1% |
| 2016 | 3.2% | +0.8% |
| 2017 | 3.1% | -0.9% |
| 2018 | 7.9% | +151.8% |
| 2019 | 6.6% | -16.6% |
| 2020 | 7.9% | +19.3% |
| 2021 | 8.6% | +9.3% |
| 2022 | 7.0% | -19.2% |
| 2023 | 7.8% | +12.2% |
| 2024 | 8.1% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.7% | 2.3% | 7.9% | 10 |
| 2020s | 7.9% | 7.0% | 8.6% | 5 |
Countries ranked near Saudi Arabia
- 136 Switzerland 9.5% compare
- 137 Guinea-Bissau 8.3% compare
- 138 Central African Republic 8.2% compare
- 140 Bangladesh 7.6% compare
- 141 Angola 7.6% compare
- 142 Sudan 7.4% compare
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 31.47 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -14.27 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.11 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,276 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0641 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.3 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 80.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 602.88 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Saudi Arabia?
- Tax revenue in Saudi Arabia was 8.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Saudi Arabia?
- The highest recorded value was 8.6% in 2021.
- What is the lowest tax revenue recorded in Saudi Arabia?
- The lowest recorded value was 2.3% in 2011.
- How does Saudi Arabia rank for tax revenue?
- Saudi Arabia ranks 139th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Saudi Arabia?
- Over the last ten years it is up 203.8%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.