Saudi Arabia: Income and profits taxes

* indicates monthly or quarterly data series
 Saudi Arabia

Income, profits, and capital gains taxes: percent of revenue

 Latest value 3.19
 Year 2023
 Measure percent
 Data availability 2010 - 2023
 Average 1.82
 Min - Max 0.85 - 3.19
 Source The World Bank
The latest value from 2023 is 3.19 percent, an increase from 1.93 percent in 2022. In comparison, the world average is 25.45 percent, based on data from 85 countries. Historically, the average for Saudi Arabia from 2010 to 2023 is 1.82 percent. The minimum value, 0.85 percent, was reached in 2011 while the maximum of 3.19 percent was recorded in 2023. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Saudi Arabia - Income and profits taxes - Recent values chart

Historical series
Saudi Arabia - Income and profits taxes - historical chart - 2010-2023




Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 21.32 2024 percent
 Government spending, in dollars 263.17 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -2.49 2024 percent
 Primary budget balance -2.40 2024 percent
 Government expenditure 277.35 Q1/2026 billion
 Tax revenue 8.09 2024 percent
 Commercial tax rate 15.70 2019 percent
 Tax preparation time 152 2019 hours
 Taxes on goods and services 21.65 2023 percent
 Taxes on international trade 1.83 2023 percent
 Income and profits taxes 3.19 2023 percent
 Foreign aid -131.07 2007 million U.S. dollars
 Government debt 26.15 2024 percent
 Sovereign debt average maturity 9.43 2024 percent
 Short-term government debt 0.69 2024 percent
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