Taxes on goods and services (current LCU), annual growth rate in Saudi Arabia
Saudi Arabia: Taxes on goods and services (current LCU), annual growth rate was 10.03 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Saudi Arabia, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes on goods and services (current lcu), annual growth rate in Saudi Arabia is 10.03 % change on previous year, measured in 2024.
Compared with earlier readings it is up 128.9% on the previous year and up 220.3% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Saudi Arabia peaked at 454.86 % change on previous year in 2018 and was at its lowest, -26.89 % change on previous year, in 2019.
Saudi Arabia ranks 74th of 156 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.
Taxes on goods and services (current LCU), annual growth rate in Saudi Arabia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 10.57 % change on previous year | — |
| 2012 | 13.83 % change on previous year | +30.8% |
| 2013 | 22.34 % change on previous year | +61.6% |
| 2014 | -8.34 % change on previous year | -137.3% |
| 2015 | 2.09 % change on previous year | -125.1% |
| 2016 | -20.88 % change on previous year | -1098.8% |
| 2017 | 51.71 % change on previous year | -347.7% |
| 2018 | 454.86 % change on previous year | +779.7% |
| 2019 | -26.89 % change on previous year | -105.9% |
| 2020 | 6.47 % change on previous year | -124.1% |
| 2021 | 53.88 % change on previous year | +732.4% |
| 2022 | 0.0358 % change on previous year | -99.9% |
| 2023 | 4.38 % change on previous year | +12141.2% |
| 2024 | 10.03 % change on previous year | +128.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 55.48 % change on previous year | -26.89 % change on previous year | 454.86 % change on previous year | 9 |
| 2020s | 14.96 % change on previous year | 0.0358 % change on previous year | 53.88 % change on previous year | 5 |
Countries ranked near Saudi Arabia
- 71 Andorra 10.44 % change on previous year compare
- 72 Tonga 10.42 % change on previous year compare
- 73 Burkina Faso 10.41 % change on previous year compare
- 75 Togo 9.98 % change on previous year compare
- 76 Dominican Republic 9.8 % change on previous year compare
- 77 Romania 9.72 % change on previous year 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 taxes on goods and services (current lcu), annual growth rate in Saudi Arabia?
- Taxes on goods and services (current lcu), annual growth rate in Saudi Arabia was 10.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Saudi Arabia?
- The highest recorded value was 454.86 % change on previous year in 2018.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Saudi Arabia?
- The lowest recorded value was -26.89 % change on previous year in 2019.
- How does Saudi Arabia rank for taxes on goods and services (current lcu), annual growth rate?
- Saudi Arabia ranks 74th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Saudi Arabia?
- Over the last ten years it is up 220.3%. 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 Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.