Saudi Arabia—Trade (% of GDP)
Category: TradeSource: World Bank World Development IndicatorsGlobal Rank: #134 of 183
Latest Value
54.7%
2024
YoY Change
+0.9%
2023 → 2024
Global Rank
#134
of 183 countries
Maximum
96.1%
2008
Minimum
47.5%
2020
CAGR
-0.9%
25 years
Last
54.7%
Previous
54.2%
Highest
96.1%
Lowest
47.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 54.7% | +0.9% |
| 2023 | 54.2% | -4.7% |
| 2022 | 56.8% | +11.7% |
| 2021 | 50.9% | +7.0% |
| 2020 | 47.5% | -16.3% |
| 2019 | 56.8% | -3.9% |
| 2018 | 59.1% | -0.7% |
| 2017 | 59.5% | +2.8% |
| 2016 | 57.9% | -13.7% |
| 2015 | 67.1% | -14.0% |
| 2014 | 78.0% | -2.8% |
| 2013 | 80.3% | -1.8% |
| 2012 | 81.7% | -3.1% |
| 2011 | 84.4% | +2.2% |
| 2010 | 82.5% | -2.7% |
| 2009 | 84.9% | -11.7% |
| 2008 | 96.1% | +1.3% |
| 2007 | 94.9% | +5.5% |
| 2006 | 89.9% | +9.8% |
| 2005 | 82.0% | +9.2% |
| 2004 | 75.1% | +7.5% |
| 2003 | 69.8% | +8.1% |
| 2002 | 64.6% | +1.6% |
| 2001 | 63.6% | -6.8% |
| 2000 | 68.2% |
Top Countries — Trade (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 359.5% | 2024 |
| 2 | Luxembourg | 351.3% | 2024 |
| 3 | San Marino | 341.0% | 2023 |
| 4 | Singapore | 322.4% | 2024 |
| 5 | Ireland | 246.2% | 2024 |
| 6 | Djibouti | 241.2% | 2024 |
| 7 | Malta | 218.2% | 2024 |
| 8 | Virgin Islands (U.S.) | 205.6% | 2022 |
| 9 | United Arab Emirates | 199.0% | 2023 |
| 10 | Cyprus | 190.4% | 2024 |
About This Indicator
Definition
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →