Saudi Arabia Total Trade of Goods & Services: % of Nominal GDP

2003 - 2024 | Quarterly | % | CEIC Data

Key information about Saudi Arabia Total Trade of Goods and Services: % of Nominal GDP

  • Saudi Arabia Total Trade of Goods & Services: % of Nominal GDP recorded 61.513 % in Sep 2024, compared with 60.972 % in the previous quarter.
  • Saudi Arabia Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 2003 to Sep 2024, with an averaged value of 73.712 %.
  • The data reached an all-time high of 99.375 % in Dec 2007 and a record low of 45.901 % in Sep 2020.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. General Authority for Statistics provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency.

View Saudi Arabia's Total Trade of Goods & Services: % of Nominal GDP from Mar 2003 to Sep 2024 in the chart:

Saudi Arabia Total Trade of Goods & Services: % of Nominal GDP

What was Saudi Arabia's Total Trade of Goods & Services: % of Nominal GDP in Sep 2024?

Saudi Arabia Total Trade of Goods & Services: % of Nominal GDP recorded 61.513 % in Sep 2024, compared with 60.972 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
61.513 Sep 2024 60.972 Jun 2024 45.901 Sep 2020 99.375 Dec 2007 % quarterly Mar 2003 - Sep 2024

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 92.104 Sep 2024 quarterly Mar 2008 - Sep 2024
Algeria (%) 46.195 2023 yearly 1950 - 2023
Argentina (%) 27.984 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 122.798 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 46.221 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (%) 112.450 Sep 2024 quarterly Mar 1964 - Sep 2024
Azerbaijan (%) 84.153 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 157.448 2023 yearly 1975 - 2023
Bangladesh (%) 26.778 2024 yearly 1960 - 2024
Belarus (%) 123.719 Sep 2024 quarterly Mar 1995 - Sep 2024
Belgium (%) 157.382 Sep 2024 quarterly Mar 1980 - Sep 2024
Bolivia (%) 52.742 Sep 2024 quarterly Mar 1990 - Sep 2024
Bosnia and Herzegovina (%) 93.919 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 61.138 Sep 2024 quarterly Mar 1994 - Sep 2024
Brazil (%) 37.726 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 127.326 Sep 2024 quarterly Mar 2004 - Sep 2024
Bulgaria (%) 96.694 Dec 2024 quarterly Mar 1995 - Dec 2024
Cambodia (%) 145.874 2022 yearly 1988 - 2022
Canada (%) 62.349 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 65.558 Sep 2024 quarterly Mar 1990 - Sep 2024
China (%) 38.987 Sep 2024 quarterly Mar 1998 - Sep 2024
Colombia (%) 38.739 Dec 2024 quarterly Mar 2005 - Dec 2024
Croatia (%) 110.838 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 179.983 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 126.417 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 131.338 Sep 2024 quarterly Mar 1977 - Sep 2024
Ecuador (%) 58.326 Sep 2024 quarterly Mar 1991 - Sep 2024
Egypt (%) 47.197 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 146.856 Sep 2024 quarterly Mar 1995 - Sep 2024
European Union (%) 96.640 Sep 2024 quarterly Mar 1995 - Sep 2024
Finland (%) 82.049 Sep 2024 quarterly Mar 1970 - Sep 2024
France (%) 65.568 Dec 2024 quarterly Mar 1975 - Dec 2024
Georgia (%) 109.812 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 79.391 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 69.037 2023 yearly 1983 - 2023
Greece (%) 92.149 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 362.468 Dec 2024 quarterly Mar 1973 - Dec 2024
Hungary (%) 142.128 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 88.281 Sep 2024 quarterly Mar 1995 - Sep 2024
India (%) 46.293 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 44.639 Dec 2024 quarterly Mar 1993 - Dec 2024
Iran (%) 51.598 2022 yearly 1959 - 2022
Ireland (%) 240.191 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 54.603 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 62.600 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) 47.669 2023 yearly 1960 - 2023
Japan (%) 45.331 Dec 2024 quarterly Mar 1955 - Dec 2024
Jordan (%) 80.489 2021 yearly 1967 - 2021
Kazakhstan (%) 43.521 Dec 2023 quarterly Mar 1994 - Dec 2023
Kenya (%) 32.092 2023 yearly 1964 - 2023
South Korea (%) 85.433 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 133.643 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 90.919 2022 yearly 1962 - 2022
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 134.597 Sep 2024 quarterly Mar 1992 - Sep 2024
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 138.916 Sep 2024 quarterly Mar 1995 - Sep 2024
Luxembourg (%) 399.556 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 130.716 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 133.848 Sep 2024 quarterly Mar 2000 - Sep 2024
Malawi (%) 46.122 2019 yearly 1960 - 2019
Malaysia (%) 135.631 Dec 2024 quarterly Mar 1991 - Dec 2024
Malta (%) 228.195 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 102.861 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 77.140 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 82.450 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 129.917 Dec 2024 quarterly Mar 2005 - Dec 2024
Montenegro (%) 115.171 Sep 2024 quarterly Mar 2010 - Sep 2024
Morocco (%) 95.013 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 105.628 2023 yearly 1991 - 2022
Myanmar (%) 49.145 2019 yearly 2019 - 2019
Nepal (%) 41.638 2024 yearly 1969 - 2024
Netherlands (%) 154.465 Dec 2024 quarterly Mar 1987 - Dec 2024
New Zealand (%) 50.085 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 63.899 Jun 2024 quarterly Mar 2010 - Jun 2024
Norway (%) 81.306 Dec 2024 quarterly Mar 1978 - Dec 2024
Oman (%) 105.916 2023 yearly 1980 - 2023
Pakistan (%) 27.478 2024 yearly 2000 - 2024
Palestinian Territory (%) 87.303 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 89.533 2023 yearly 1960 - 2023
Paraguay (%) 83.160 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 53.495 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 57.212 Dec 2024 quarterly Mar 1981 - Dec 2024
Poland (%) 94.138 Dec 2024 quarterly Mar 2002 - Dec 2024
Portugal (%) 93.672 Sep 2024 quarterly Mar 1977 - Sep 2024
Qatar (%) 100.333 Dec 2023 quarterly Mar 2013 - Dec 2023
Romania (%) 71.689 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 39.834 Sep 2024 quarterly Mar 1995 - Sep 2024
Saudi Arabia (%) 61.513 Sep 2024 quarterly Mar 2003 - Sep 2024
Serbia (%) 113.106 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 326.104 Dec 2024 quarterly Mar 1975 - Dec 2024
Slovakia (%) 174.223 Jun 2024 quarterly Mar 1990 - Jun 2024
Slovenia (%) 153.522 Dec 2024 quarterly Mar 1995 - Dec 2024
South Africa (%) 62.120 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 70.680 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 44.832 Sep 2024 quarterly Mar 2010 - Sep 2024
Sudan (%) 41.636 2019 yearly 1996 - 2019
Sweden (%) 104.962 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 126.111 Sep 2024 quarterly Mar 1980 - Sep 2024

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Saudi Arabia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -30,833.284 2024 yearly 1969 - 2024
National Government Debt (USD mn) 319,733.3 2024 yearly 2004 - 2024
Government Debt: % of GDP (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
Forecast: Government Expenditure (SAR bn) 1,583.493 2029 yearly 1990 - 2029
Forecast: Government Net Debt (SAR bn) 1,862.699 2029 yearly 1991 - 2029
Forecast: Government Revenue (SAR bn) 1,433.631 2029 yearly 1991 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 73,321.7 2024 yearly 1957 - 2024
Total Exports (USD mn) 25,146.4 Dec 2024 monthly Jan 2015 - Dec 2024
Total Exports Growth (%) -2.8 Dec 2024 monthly Jan 2016 - Dec 2024
Aluminum: Exports (USD th) 2,151,060.164 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 595,269.369 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 22,383.089 2023 yearly 1995 - 2023
Total Imports (USD mn) 21,076.7 Dec 2024 monthly Jan 2005 - Dec 2024
Total Imports Growth (%) 27.1 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: Medicament (USD th) 5,014,506.913 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,727,931.691 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 1,097.698 Dec 2024 monthly Jan 2017 - Dec 2024
Total Imports from USA (USD mn) 1,914.653 Dec 2024 monthly Jan 2005 - Dec 2024
Total Exports to China (USD mn) 3,267.239 Dec 2024 monthly Jan 2017 - Dec 2024
Total Imports from China (USD mn) 4,960.638 Dec 2024 monthly Jan 1981 - Dec 2024
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: ow USA (SAR mn) 4,116.367 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: ow China (SAR mn) 12,252.148 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: Value (SAR mn) 94,298.971 Dec 2024 monthly Jan 2015 - Dec 2024
Exports: India (SAR mn) 9,117.572 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: South Korea (SAR mn) 9,808.619 Dec 2024 monthly Jan 2017 - Dec 2024
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Imports: Value: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
Import Value Index (2015=100) 87.505 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 115.814 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 104.491 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,746.1 Sep 2024 quarterly Mar 2006 - Sep 2024
Current Account Balance (USD mn) -8,790.1 Sep 2024 quarterly Mar 2006 - Sep 2024
Current Account Balance: % of GDP (%) -3.3 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 4,255.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Portfolio Investment (USD mn) 6,044.079 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 2.3 Sep 2024 quarterly Mar 2008 - Sep 2024
Forecast: Current Account Balance (USD bn) -37.538 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 765,219.433 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 1,306.235 Sep 2024 quarterly Mar 2018 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 4,737.844 Sep 2024 quarterly Mar 2018 - Sep 2024
BoP: USD: FA: Other Investment (USD mn) -17,689.915 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Assets (USD mn) 3,644.042 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Secondary Income (USD mn) -13,383.060 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 6,044.079 Sep 2024 quarterly Mar 2008 - Sep 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 17,690.709 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 26,126.658 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Errors and Omissions (USD mn) -6,661.703 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Reserve Assets (USD mn) -10,805.656 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment (USD mn) 11,646.630 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 54,477.369 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 21,333.957 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Financial Account (FA) (USD mn) -16,358.424 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,751.144 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment (USD mn) 490.518 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) 1,139.594 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 9,890.738 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 73,942.498 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 19,465.129 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 10,114.940 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 4,746.140 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -16,011.717 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Assets (SAR mn) 5,362,114.700 2023 yearly 2007 - 2023
International Investment Position (IIP) (SAR mn) 2,869,572.875 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,492,541.825 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Household Debt: % of GDP (%) 12.1 Sep 2024 quarterly Dec 2003 - Sep 2024
Money Supply M1 (USD mn) 445,261.016 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply M2 (USD mn) 698,516.458 Dec 2024 monthly Jan 1993 - Dec 2024
M2 Growth (%) 9.7 Dec 2024 monthly Jan 1994 - Dec 2024
Reserve Requirement Ratio (%) 7.0 Jan 2025 monthly Mar 1980 - Jan 2025
Foreign Exchange Reserves (USD mn) 413,014.1 Dec 2024 monthly Jan 2001 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 39.870 Sep 2024 quarterly Dec 2003 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 21.4 2024 yearly 1957 - 2024
Gold Reserves (USD mn) 432.934 Jan 2025 monthly Dec 1957 - Jan 2025
Total Deposits (USD mn) 717,969.099 Dec 2024 monthly Jan 1993 - Dec 2024
Total Deposits Growth (%) 8.9 Dec 2024 monthly Jan 1994 - Dec 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 362.740 Jun 2024 quarterly Mar 1998 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 836.762 Jun 2024 quarterly Mar 1993 - Jun 2024
Household Debt (USD mn) 133,960.5 Dec 2024 quarterly Mar 1998 - Dec 2024
Total Loans (USD mn) 788,146.680 Dec 2024 monthly Jan 1997 - Dec 2024
Total Loans Growth (%) 14.39 Dec 2024 monthly Jan 1998 - Dec 2024
Private Debt: % of Nominal GDP (%) 67.34 Sep 2024 quarterly Dec 2003 - Sep 2024
Base Money (SAR mn) 411,626.250 Jan 2025 monthly Jan 2000 - Jan 2025
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,921,472.319 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply: M3: M2: M1 (SAR mn) 1,669,728.809 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply: M3: M2 (SAR mn) 2,619,436.716 Dec 2024 monthly Jan 1993 - Dec 2024
Official Reserve Assets (SAR mn) 1,628,755.763 Jan 2025 monthly Jan 2001 - Jan 2025
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 532,724.681 Dec 2024 monthly Jan 2001 - Dec 2024
Banks Deposits (SAR mn) 2,692,384.123 Dec 2024 monthly Jan 1993 - Dec 2024
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,159,067.903 Dec 2024 monthly Jan 1993 - Dec 2024
Bank Loans: Consumer (SAR mn) 470,985.975 Dec 2024 quarterly Mar 1998 - Dec 2024

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