Merchandise trade as a proportion of GDP in Saudi Arabia
Saudi Arabia: Merchandise trade as a proportion of GDP was 43.4% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Saudi Arabia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Saudi Arabia is 43.4%, measured in 2024.
Compared with earlier readings it is up 0.4% on the previous year and down 33.8% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Saudi Arabia peaked at 82.5% in 2008 and was at its lowest, 40.6%, in 2020.
That places Saudi Arabia 142nd out of 218 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 56.9% | — |
| 2001 | 53.9% | -5.2% |
| 2002 | 55.2% | +2.5% |
| 2003 | 62.5% | +13.2% |
| 2004 | 67.0% | +7.2% |
| 2005 | 73.1% | +9.1% |
| 2006 | 74.6% | +2.0% |
| 2007 | 77.8% | +4.3% |
| 2008 | 82.5% | +6.0% |
| 2009 | 67.1% | -18.6% |
| 2010 | 67.8% | +1.0% |
| 2011 | 72.9% | +7.6% |
| 2012 | 72.3% | -0.8% |
| 2013 | 70.7% | -2.3% |
| 2014 | 65.6% | -7.2% |
| 2015 | 54.5% | -16.8% |
| 2016 | 47.0% | -13.9% |
| 2017 | 48.1% | +2.4% |
| 2018 | 48.7% | +1.2% |
| 2019 | 46.7% | -4.1% |
| 2020 | 40.6% | -13.0% |
| 2021 | 43.7% | +7.5% |
| 2022 | 48.5% | +11.1% |
| 2023 | 43.2% | -10.9% |
| 2024 | 43.4% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.1% | 53.9% | 82.5% | 10 |
| 2010s | 59.4% | 46.7% | 72.9% | 10 |
| 2020s | 43.9% | 40.6% | 48.5% | 5 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 17,704 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 2.65 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9843 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 33,994 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.65 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 3.69 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 127,477 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.05 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Saudi Arabia?
- Merchandise trade as a proportion of gdp in Saudi Arabia was 43.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Saudi Arabia?
- The highest recorded value was 82.5% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Saudi Arabia?
- The lowest recorded value was 40.6% in 2020.
- How does Saudi Arabia rank for merchandise trade as a proportion of gdp?
- Saudi Arabia ranks 142nd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Saudi Arabia?
- Over the last ten years it is down 33.8%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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