Taxes on international trade in Saudi Arabia
Saudi Arabia: Taxes on international trade was 1.9% in 2024. ▬ Flat
Taxes on international trade in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on international trade in Saudi Arabia stood at 1.9%.
That represents a change of up 6.5% on the previous year and up 3.7% over ten years.
Over the whole period, taxes on international trade in Saudi Arabia peaked at 5.0% in 2016 and was at its lowest, 1.3%, in 2011.
Saudi Arabia ranks 103rd of 154 countries on this measure, in the middle of the range.
Taxes on international trade in Saudi Arabia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 1.6% | — |
| 2011 | 1.3% | -21.8% |
| 2012 | 1.4% | +11.5% |
| 2013 | 1.5% | +6.6% |
| 2014 | 1.9% | +22.9% |
| 2015 | 3.5% | +87.6% |
| 2016 | 5.0% | +41.4% |
| 2017 | 2.9% | -41.6% |
| 2018 | 1.8% | -38.7% |
| 2019 | 1.9% | +5.1% |
| 2020 | 2.3% | +21.3% |
| 2021 | 1.9% | -14.7% |
| 2022 | 1.5% | -23.7% |
| 2023 | 1.8% | +23.6% |
| 2024 | 1.9% | +6.5% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 1.9% is above the median for high income countries, which is 0.4%, 4.4× the median. (55 countries reporting)
- Saudi Arabia's 1.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.3%, 58% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.3% | 1.3% | 5.0% | 10 |
| 2020s | 1.9% | 1.5% | 2.3% | 5 |
Countries ranked near Saudi Arabia
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 1.9% 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 5.0% in 2016.
- What is the lowest taxes on international trade recorded in Saudi Arabia?
- The lowest recorded value was 1.3% in 2011.
- How does Saudi Arabia rank for taxes on international trade?
- Saudi Arabia ranks 103rd out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Saudi Arabia?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is flat.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.