Taxes on income, profits and capital gains in Saudi Arabia
Saudi Arabia: Taxes on income, profits and capital gains was 8.3% in 2024. ▼ Falling
Taxes on income, profits and capital gains in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Saudi Arabia is 8.3%, measured in 2024.
Compared with earlier readings it is down 23.4% on the previous year and down 53.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in Saudi Arabia peaked at 17.9% in 2016 and was at its lowest, 5.6%, in 2021.
Saudi Arabia ranks 150th of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Taxes on income, profits and capital gains in Saudi Arabia, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 2010 | 14.2% | — |
| 2011 | 16.1% | +13.5% |
| 2012 | 17.9% | +10.7% |
| 2013 | 16.0% | -10.4% |
| 2014 | 17.7% | +10.7% |
| 2015 | 17.8% | +0.7% |
| 2016 | 17.9% | +0.2% |
| 2017 | 16.0% | -10.3% |
| 2018 | 6.4% | -60.4% |
| 2019 | 7.8% | +23.0% |
| 2020 | 8.0% | +2.1% |
| 2021 | 5.6% | -29.5% |
| 2022 | 7.6% | +34.6% |
| 2023 | 10.8% | +43.0% |
| 2024 | 8.3% | -23.4% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 8.3% is below the median for high income countries, which is 43.9%, 19% of the median. (55 countries reporting)
- Saudi Arabia's 8.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 38.8%, 21% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.8% | 6.4% | 17.9% | 10 |
| 2020s | 8.1% | 5.6% | 10.8% | 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 income, profits and capital gains in Saudi Arabia?
- Taxes on income, profits and capital gains in Saudi Arabia was 8.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Saudi Arabia?
- The highest recorded value was 17.9% in 2016.
- What is the lowest taxes on income, profits and capital gains recorded in Saudi Arabia?
- The lowest recorded value was 5.6% in 2021.
- How does Saudi Arabia rank for taxes on income, profits and capital gains?
- Saudi Arabia ranks 150th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Saudi Arabia?
- Over the last ten years it is down 53.2%. The long-run trend across the full record is falling.
- 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 income, profits and capital gains (% of total taxes). 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
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.