Taxes on goods and services (current LCU) in Saudi Arabia
Saudi Arabia: Taxes on goods and services (current LCU) was 288.81 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Saudi Arabia is 288.81 billion current LCU, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 10.0% on the previous year and up 835.8% over ten years.
Over the whole period, taxes on goods and services in Saudi Arabia peaked at 288.81 billion current LCU in 2024 and was at its lowest, 21.87 billion current LCU, in 2010.
That places Saudi Arabia 59th out of 157 countries with data for 2024, putting it 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) in Saudi Arabia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 21.87 billion current LCU | — |
| 2011 | 24.18 billion current LCU | +10.6% |
| 2012 | 27.52 billion current LCU | +13.8% |
| 2013 | 33.67 billion current LCU | +22.3% |
| 2014 | 30.86 billion current LCU | -8.3% |
| 2015 | 31.51 billion current LCU | +2.1% |
| 2016 | 24.93 billion current LCU | -20.9% |
| 2017 | 37.82 billion current LCU | +51.7% |
| 2018 | 209.84 billion current LCU | +454.9% |
| 2019 | 153.41 billion current LCU | -26.9% |
| 2020 | 163.35 billion current LCU | +6.5% |
| 2021 | 251.37 billion current LCU | +53.9% |
| 2022 | 251.46 billion current LCU | +0.0% |
| 2023 | 262.48 billion current LCU | +4.4% |
| 2024 | 288.81 billion current LCU | +10.0% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 288.81 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 7.4× the median. (57 countries reporting)
- Saudi Arabia's 288.81 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 96.87 billion current LCU, 3.0× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +454.9% | 37.82 billion current LCU | 209.84 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.56 billion current LCU | 21.87 billion current LCU | 209.84 billion current LCU | 10 |
| 2020s | 243.49 billion current LCU | 163.35 billion current LCU | 288.81 billion current LCU | 5 |
Countries ranked near Saudi Arabia
More public sector data for Saudi Arabia
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 0 (2025)
- Competitive elections 0 (2025)
- Universal right to vote 0 (2025)
- Universal right to vote in practice 0 (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services in Saudi Arabia?
- Taxes on goods and services in Saudi Arabia was 288.81 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Saudi Arabia?
- The highest recorded value was 288.81 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Saudi Arabia?
- The lowest recorded value was 21.87 billion current LCU in 2010.
- How does Saudi Arabia rank for taxes on goods and services?
- Saudi Arabia ranks 59th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Saudi Arabia?
- Over the last ten years it is up 835.8%. The long-run trend across the full record is volatile.
- 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.