Saudi Arabia Tax Revenue to GDP

8.1% +0.29 pt

Dec 2024 · Annual

Saudi Arabia's tax revenue amounted to 8.09 percent of GDP in 2024, up from 7.80 percent in 2023. The ratio remained below the all-time high of 8.61 percent recorded in 2021, while standing well above the series low of 2.30 percent in 2011. Annual data extend back to 2010.

Saudi Arabia Tax Revenue to GDP, 2010–2024
ActualPreviousHighestLowestDatesFrequency
8.1%7.8%8.6%Dec 20212.3%Dec 20112010 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-5.8%-2.5%29.8%-14.9%Dec 2025Annual
Government Debt to GDP31.7%25.9%103.0%1.5%Dec 2025Annual

About this series

Tax Revenue to GDP in Saudi Arabia averaged 5.1% from 2010 until 2024, reaching an all-time high of 8.6% in Dec 2021 and a record low of 2.3% in Dec 2011. The series is reported yearly with history from 2010.

Tax revenue as a percentage of GDP measures the total taxes collected by the general government relative to the size of the economy. The indicator is expressed in percent of GDP and is compiled on an annual basis. The series for Saudi Arabia covers the period from 2010 onward, providing a long-run view of the tax burden.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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