Saudi Arabia: Taxes on goods and services

* indicates monthly or quarterly data series
 Saudi Arabia

Taxes on goods and services, percent of total revenue

 Latest value 20.89
 Year 2020
 Measure percent
 Data availability 2010 - 2020
 Average 8.11
 Min - Max 2.16 - 23.17
 Source The World Bank
For that indicator, we provide data for Saudi Arabia from 2010 to 2020. The average value for Saudi Arabia during that period was 8.11 percent with a minimum of 2.16 percent in 2011 and a maximum of 23.17 percent in 2018. The latest value from 2020 is 20.89 percent. For comparison, the world average in 2020 based on 121 countries is 32.60 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Saudi Arabia - Taxes on goods and services - Recent values chart

Historical chart
Saudi Arabia - Taxes on goods and services - historical chart - 2010-2020




Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 20.83 2022 percent
 Government spending, in dollars 230.91 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 2.49 2022 percent
 Government debt 23.93 2022 percent
 Government expenditure 223.58 Q3/2023 billion
 Tax revenue 8.24 2020 percent
 Commercial tax rate 15.70 2019 percent
 Tax preparation time 152 2019 hours
 Number of taxes 4 2019 taxes
 Taxes on goods and services 20.89 2020 percent
 Taxes on international trade 2.27 2020 percent
 Income and profits taxes 2.32 2020 percent
 Foreign aid 0.29 2009 million U.S. dollars
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