Taxes less subsidies on products in Saudi Arabia

Saudi Arabia: Taxes less subsidies on products was 70.39 billion current US$ in 2025. ◆ Volatile

Latest (2025)
70.39 billion current US$
Change on year
up 2.9%
World rank
18th
of 197 countries
All-time high
70.39 billion current US$
in 2025
All-time low
63.56 million current US$
in 1970
Years of data
56
1970–2025

Taxes less subsidies on products in Saudi Arabia, 1970–2025

020.0B40.0B60.0B80.0B197019972025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

Saudi Arabia recorded 70.39 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 56 years on record.

That represents a change of up 2.9% on the previous year and up 915.5% over ten years.

Over the whole period, taxes less subsidies on products in Saudi Arabia peaked at 70.39 billion current US$ in 2025 and was at its lowest, 63.56 million current US$, in 1970.

That places Saudi Arabia 18th out of 197 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes less subsidies on products in Saudi Arabia, year by year

Annual values for Taxes less subsidies on products (current US$) in Saudi Arabia, 1970 to 2025.
Year current US$ Change
1970 63.56 million current US$
1971 83.13 million current US$ +30.8%
1972 106.16 million current US$ +27.7%
1973 130.31 million current US$ +22.7%
1974 124.51 million current US$ -4.5%
1975 146.12 million current US$ +17.4%
1976 257.22 million current US$ +76.0%
1977 400.28 million current US$ +55.6%
1978 537.42 million current US$ +34.3%
1979 642.70 million current US$ +19.6%
1980 761.71 million current US$ +18.5%
1981 779.60 million current US$ +2.3%
1982 947.44 million current US$ +21.5%
1983 1.06 billion current US$ +12.3%
1984 1.13 billion current US$ +5.9%
1985 1.08 billion current US$ -4.2%
1986 876.32 million current US$ -18.8%
1987 922.03 million current US$ +5.2%
1988 2.20 billion current US$ +138.5%
1989 1.80 billion current US$ -18.2%
1990 1.87 billion current US$ +3.9%
1991 1.87 billion current US$ +0.0%
1992 2.43 billion current US$ +30.0%
1993 2.48 billion current US$ +1.9%
1994 2.21 billion current US$ -10.7%
1995 2.00 billion current US$ -9.5%
1996 2.37 billion current US$ +18.3%
1997 2.43 billion current US$ +2.5%
1998 2.67 billion current US$ +9.9%
1999 2.57 billion current US$ -3.8%
2000 2.57 billion current US$ +0.2%
2001 1.90 billion current US$ -26.1%
2002 1.97 billion current US$ +3.5%
2003 2.16 billion current US$ +9.5%
2004 2.35 billion current US$ +9.1%
2005 2.70 billion current US$ +14.7%
2006 2.94 billion current US$ +9.1%
2007 3.15 billion current US$ +7.0%
2008 3.98 billion current US$ +26.5%
2009 3.44 billion current US$ -13.7%
2010 3.91 billion current US$ +13.7%
2011 4.61 billion current US$ +17.8%
2012 5.73 billion current US$ +24.4%
2013 5.65 billion current US$ -1.5%
2014 6.27 billion current US$ +11.1%
2015 6.93 billion current US$ +10.5%
2016 6.90 billion current US$ -0.5%
2017 6.23 billion current US$ -9.6%
2018 22.60 billion current US$ +262.5%
2019 24.52 billion current US$ +8.5%
2020 31.92 billion current US$ +30.2%
2021 56.92 billion current US$ +78.3%
2022 55.20 billion current US$ -3.0%
2023 63.15 billion current US$ +14.4%
2024 68.43 billion current US$ +8.4%
2025 70.39 billion current US$ +2.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 249.14 million current US$ 63.56 million current US$ 642.70 million current US$ 10
1980s 1.16 billion current US$ 761.71 million current US$ 2.20 billion current US$ 10
1990s 2.29 billion current US$ 1.87 billion current US$ 2.67 billion current US$ 10
2000s 2.72 billion current US$ 1.90 billion current US$ 3.98 billion current US$ 10
2010s 9.34 billion current US$ 3.91 billion current US$ 24.52 billion current US$ 10
2020s 57.67 billion current US$ 31.92 billion current US$ 70.39 billion current US$ 6

Countries ranked near Saudi Arabia

  1. 15 Mexico 121.91 billion current US$ compare
  2. 16 Australia 115.11 billion current US$ compare
  3. 17 Argentina 105.47 billion current US$ compare
  4. 19 Sweden 69.82 billion current US$ compare
  5. 20 Belgium 68.42 billion current US$ compare
  6. 21 Austria 62.06 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is taxes less subsidies on products in Saudi Arabia?
Taxes less subsidies on products in Saudi Arabia was 70.39 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Saudi Arabia?
The highest recorded value was 70.39 billion current US$ in 2025.
What is the lowest taxes less subsidies on products recorded in Saudi Arabia?
The lowest recorded value was 63.56 million current US$ in 1970.
How does Saudi Arabia rank for taxes less subsidies on products?
Saudi Arabia ranks 18th out of 197 countries with data for 2025.
Is taxes less subsidies on products rising or falling in Saudi Arabia?
Over the last ten years it is up 915.5%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.

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Taxes less subsidies on products in Saudi Arabia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us/saudi-arabia/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.