Saudi Arabia Merchandise Trade (% of GDP) (2024)
Saudi Arabia's Merchandise Trade (% of GDP): 43.4 % of GDP in 2024, +0.2pp YoY. World Bank (TG.VAL.TOTL.GD.ZS), 1990–2024.
Saudi Arabia (2024)
43.4
% of GDP
+0.2pp YoY
YoY Change
+0.2pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 43.4 | +0.2pp |
| 2023 | 43.2 | -5.3pp |
| 2022 | 48.5 | +4.8pp |
| 2021 | 43.7 | +3.1pp |
| 2020 | 40.6 | -6.1pp |
| 2019 | 46.7 | -2pp |
| 2018 | 48.7 | +0.6pp |
| 2017 | 48.1 | +1.1pp |
| 2016 | 47 | -7.6pp |
| 2015 | 54.5 | -11pp |
| 2014 | 65.6 | -5.1pp |
| 2013 | 70.7 | -1.7pp |
| 2012 | 72.3 | -0.6pp |
| 2011 | 72.9 | +5.1pp |
| 2010 | 67.8 | +0.7pp |
| 2009 | 67.1 | -15.4pp |
| 2008 | 82.5 | +4.7pp |
| 2007 | 77.8 | +3.2pp |
| 2006 | 74.6 | +1.5pp |
| 2005 | 73.1 | n/a |
About this Dataset
Saudi Arabia recorded 43.4 % of GDP in 2024. The most recent year-on-year change was +0.2pp. The historical series (1990–2024) shows a peak of 82.5 in 2008 and a trough of 40.6 in 2020.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks saudi arabia merchandise trade (% of gdp) in Saudi Arabia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 82.5 % of GDP in 2008 and reached its lowest recorded value of 40.6 in 2020. The latest reading of 43.4 in 2024 represents a year-on-year change of +0.2pp.