Tax revenue in Saudi Arabia
Saudi Arabia: Tax revenue was 380.53 billion current LCU in 2024. ◆ Volatile
Tax revenue in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Saudi Arabia stood at 380.53 billion current LCU. That is the highest value across all 15 years on record.
The figure is up 6.7% on the previous year and up 384.1% over ten years.
Over the whole period, tax revenue in Saudi Arabia peaked at 380.53 billion current LCU in 2024 and was at its lowest, 50.11 billion current LCU, in 2010.
That places Saudi Arabia 71st 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 106.85 billion current LCU | 50.11 billion current LCU | 263.26 billion current LCU | 10 |
| 2020s | 320.84 billion current LCU | 226.82 billion current LCU | 380.53 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 tax revenue in Saudi Arabia?
- Tax revenue in Saudi Arabia was 380.53 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Saudi Arabia?
- The highest recorded value was 380.53 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Saudi Arabia?
- The lowest recorded value was 50.11 billion current LCU in 2010.
- How does Saudi Arabia rank for tax revenue?
- Saudi Arabia ranks 71st out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Saudi Arabia?
- Over the last ten years it is up 384.1%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.