Taxes on international trade in Saudi Arabia
Saudi Arabia: Taxes on international trade was 24.50 billion current LCU in 2024. ▲ Rising
Taxes on international trade 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 international trade in Saudi Arabia is 24.50 billion current LCU, measured in 2024.
The figure is up 10.6% on the previous year and up 25.5% over ten years.
Over the whole period, taxes on international trade in Saudi Arabia peaked at 25.86 billion current LCU in 2016 and was at its lowest, 12.18 billion current LCU, in 2010.
Saudi Arabia ranks 61st of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on international trade in Saudi Arabia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 12.18 billion current LCU | — |
| 2011 | 14.36 billion current LCU | +17.9% |
| 2012 | 17.86 billion current LCU | +24.4% |
| 2013 | 17.60 billion current LCU | -1.5% |
| 2014 | 19.52 billion current LCU | +10.9% |
| 2015 | 21.57 billion current LCU | +10.5% |
| 2016 | 25.86 billion current LCU | +19.9% |
| 2017 | 20.12 billion current LCU | -22.2% |
| 2018 | 16.15 billion current LCU | -19.7% |
| 2019 | 17.38 billion current LCU | +7.6% |
| 2020 | 17.78 billion current LCU | +2.3% |
| 2021 | 18.72 billion current LCU | +5.3% |
| 2022 | 18.75 billion current LCU | +0.2% |
| 2023 | 22.15 billion current LCU | +18.1% |
| 2024 | 24.50 billion current LCU | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.26 billion current LCU | 12.18 billion current LCU | 25.86 billion current LCU | 10 |
| 2020s | 20.38 billion current LCU | 17.78 billion current LCU | 24.50 billion current LCU | 5 |
Countries ranked near Saudi Arabia
- 58 Niger 28.16 billion current LCU
- 59 Guinea-Bissau 27.51 billion current LCU compare
- 60 Equatorial Guinea 25.61 billion current LCU compare
- 62 Botswana 24.21 billion current LCU compare
- 63 Egypt 21.87 billion current LCU compare
- 64 Mozambique 21.23 billion current LCU 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 international trade in Saudi Arabia?
- Taxes on international trade in Saudi Arabia was 24.50 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Saudi Arabia?
- The highest recorded value was 25.86 billion current LCU in 2016.
- What is the lowest taxes on international trade recorded in Saudi Arabia?
- The lowest recorded value was 12.18 billion current LCU in 2010.
- How does Saudi Arabia rank for taxes on international trade?
- Saudi Arabia ranks 61st out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Saudi Arabia?
- Over the last ten years it is up 25.5%. 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.