Customs and other import duties in Saudi Arabia
Saudi Arabia: Customs and other import duties was 24.50 billion current LCU in 2024. ▲ Rising
Customs and other import duties in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in Saudi Arabia stood at 24.50 billion current LCU.
Compared with earlier readings it is up 10.6% on the previous year and up 25.5% over ten years.
Over the whole period, customs and other import duties 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 57th of 152 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.
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 | 20.37 billion current LCU | 17.75 billion current LCU | 24.50 billion current LCU | 5 |
Countries ranked near Saudi Arabia
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Tax revenue 8.1% (2024)
- Taxes on income, profits and capital gains 2.5% (2024)
- Taxes on goods and services 22.9% (2024)
- Net investment in nonfinancial assets 4.1% (2024)
- Net lending (+) / net borrowing (-) -2.5% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 69.8% (2024)
- Interest payments 3.4% (2023)
- Other taxes 2.8% (2024)
Frequently asked questions
- What is customs and other import duties in Saudi Arabia?
- Customs and other import duties 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 customs and other import duties recorded in Saudi Arabia?
- The highest recorded value was 25.86 billion current LCU in 2016.
- What is the lowest customs and other import duties recorded in Saudi Arabia?
- The lowest recorded value was 12.18 billion current LCU in 2010.
- How does Saudi Arabia rank for customs and other import duties?
- Saudi Arabia ranks 57th out of 152 countries with data for 2024.
- Is customs and other import duties 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 Customs and other import duties (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
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to 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.