Saudi Arabia Tourism Revenue Growth

2005 - 2023 | Yearly | % | CEIC Data

Key information about Saudi Arabia Tourism Revenue Growth

  • Saudi Arabia Tourism Revenue grew 55.4 % YoY in Dec 2023, compared with an increase of 517.4 % YoY in the previous year
  • Saudi Arabia Tourism Revenue Growth rate data is updated yearly, available from Dec 2005 to Dec 2023
  • The data reached an all-time high of 517.4 % in Dec 2022 and a record low of -80.6 % in Dec 2020
CEIC calculates annual Tourism Revenue Growth from annual Tourism Revenue. The Ministry of Tourism provides Tourism Revenue in local currency.

View Saudi Arabia's Tourism Revenue Growth from 2005 to 2023 in the chart:

Saudi Arabia Tourism Revenue Growth

What was Saudi Arabia's Tourism Revenue Growth in 2023?

Saudi Arabia Tourism Revenue grew 55.4 % YoY in Dec 2023, compared with an increase of 517.4 % YoY in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
55.4 2023 517.4 2022 -80.6 2020 517.4 2022 % yearly 2005 - 2023

Tourism Revenue Growth by Country Comparison

country/region Last Frequency Range
Albania (%) -49.4 2020 yearly 1996 - 2020
Algeria (%) -64.3 2020 yearly 2006 - 2020
Argentina (%) -69.9 2020 yearly 1996 - 2020
Armenia (%) -80.5 2020 yearly 1996 - 2020
Australia (%) 5.9 Sep 2019 quarterly Sep 2006 - Sep 2019
Austria (%) -40.7 2020 yearly 1996 - 2020
Azerbaijan (%) -83.0 2020 yearly 1996 - 2020
Bahrain (%) -81.2 2020 yearly 1996 - 2020
Bangladesh (%) -44.3 2020 yearly 2003 - 2020
Belarus (%) -58.0 2020 yearly 1996 - 2020
Belgium (%) -29.6 2020 yearly 2002 - 2020
Bolivia (%) -75.1 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) -64.2 2020 yearly 1999 - 2020
Botswana (%) -69.5 2020 yearly 1996 - 2020
Brazil (%) -0.1 Nov 2024 monthly Jan 1991 - Nov 2024
Brunei (%) 7.3 2018 yearly 2002 - 2018
Bulgaria (%) -62.9 2020 yearly 1996 - 2020
Cambodia (%) 117.9 2023 yearly 1996 - 2023
Canada (%) 7.7 2018 yearly 1996 - 2018
Chile (%) -68.5 2020 yearly 1996 - 2020
China (%) 3.5 Dec 2018 monthly Jan 1996 - Dec 2018
Colombia (%) -71.1 2020 yearly 1996 - 2020
Croatia (%) 6.6 2018 yearly 2000 - 2018
Cyprus (%) 17.7 Oct 2024 monthly Jan 2002 - Oct 2024
Czech Republic (%) -51.2 2020 yearly 2003 - 2020
Denmark (%) 6.9 2018 yearly 1996 - 2018
Ecuador (%) -69.2 2020 yearly 1996 - 2020
Egypt (%) 5.9 Jun 2024 quarterly Dec 1994 - Jun 2024
Estonia (%) -62.6 2020 yearly 1996 - 2020
European Union (%) 0.1 2019 yearly 2000 - 2019
Finland (%) -70.4 2020 yearly 1996 - 2020
France (%) -49.2 2020 yearly 2000 - 2020
Georgia (%) -83.5 2020 yearly 1998 - 2020
Germany (%) 14.2 2023 yearly 1972 - 2023
Ghana (%) -87.2 2020 yearly 1996 - 2020
Greece (%) -5.6 Aug 2024 monthly Nov 2012 - Aug 2024
Hong Kong SAR, China (%) -22.7 2019 yearly 1999 - 2019
Hungary (%) -58.7 2020 yearly 1996 - 2020
Iceland (%) 3.9 2008 yearly 1996 - 2008
India (%) 30.3 Oct 2024 monthly Jan 2002 - Oct 2024
Indonesia (%) -80.8 2020 yearly 2003 - 2020
Iran (%) 15.9 2018 yearly 1996 - 2018
Ireland (%) -1.6 Dec 2019 quarterly Mar 2013 - Dec 2019
Israel (%) -28.2 2023 yearly 1993 - 2023
Italy (%) -60.6 2020 yearly 1996 - 2020
Ivory Coast (%) -63.8 2020 yearly 1996 - 2020
Japan (%) -76.8 2020 yearly 1996 - 2020
Jordan (%) 14.9 Nov 2024 monthly Jan 2001 - Nov 2024
Kazakhstan (%) -79.8 2020 yearly 1996 - 2020
Kenya (%) -1.2 2019 yearly 1996 - 2019
South Korea (%) 16.9 Nov 2024 monthly Jan 1976 - Nov 2024
Kuwait (%) -56.3 2020 yearly 1996 - 2020
Kyrgyzstan (%) -72.5 2020 yearly 1999 - 2020
Laos (%) 261.9 2023 yearly 1992 - 2023
Latvia (%) 11.1 2018 yearly 1996 - 2018
Lebanon (%) -72.8 2020 yearly 1996 - 2020
Lithuania (%) 7.1 2018 yearly 1996 - 2018
Luxembourg (%) -21.1 2020 yearly 2003 - 2020
Macau SAR, China (%) -77.1 2020 yearly 1996 - 2020
North Macedonia (%) -36.9 2020 yearly 1997 - 2020
Malawi (%) -43.5 2020 yearly 1996 - 2020
Malaysia (%) 155.9 2023 yearly 1982 - 2023
Malta (%) 18.4 Oct 2024 monthly Jul 2004 - Oct 2024
Mauritius (%) 9.8 Sep 2024 quarterly Mar 2006 - Sep 2024
Mexico (%) 11.0 Nov 2024 monthly Jan 1981 - Nov 2024
Moldova (%) -32.8 2020 yearly 1996 - 2020
Mongolia (%) -91.9 2020 yearly 1996 - 2020
Montenegro (%) -85.9 2020 yearly 2008 - 2020
Morocco (%) -15.3 Nov 2024 monthly Jan 1998 - Nov 2024
Mozambique (%) -65.1 2020 yearly 2003 - 2020
Myanmar (%) 188.1 2023 yearly 2007 - 2023
Nepal (%) 6.5 2022 yearly 1991 - 2022
Netherlands (%) -53.9 2020 yearly 1996 - 2020
New Zealand (%) 166.7 2023 yearly 1999 - 2023
Nigeria (%) -78.2 2020 yearly 1996 - 2020
Norway (%) -68.8 2020 yearly 1996 - 2020
Oman (%) -78.3 2020 yearly 1999 - 2020
Pakistan (%) -22.9 2020 yearly 1996 - 2020
Palestinian Territory (%) 8.9 2018 yearly 1996 - 2018
Panama (%) -73.9 2020 yearly 1996 - 2020
Paraguay (%) -74.6 2020 yearly 1996 - 2020
Peru (%) 25.2 2023 yearly 1991 - 2023
Philippines (%) -89.4 2021 yearly 1971 - 2021
Poland (%) -46.7 2020 yearly 1996 - 2020
Portugal (%) 16.7 Nov 2024 monthly Jul 2007 - Nov 2024
Qatar (%) -8.5 2020 yearly 2012 - 2020
Romania (%) -62.0 2020 yearly 1996 - 2020
Russia (%) -71.2 2020 yearly 2002 - 2020
Saudi Arabia (%) 55.4 2023 yearly 2005 - 2023
Serbia (%) -28.9 2020 yearly 2003 - 2020
Singapore (%) 5.9 Jun 2024 quarterly Mar 2008 - Jun 2024
Slovakia (%) -61.1 2020 yearly 1996 - 2020
Slovenia (%) -57.7 2020 yearly 1996 - 2020
South Africa (%) 7.5 Oct 2024 monthly Sep 2005 - Oct 2024
Spain (%) 14.6 Oct 2024 monthly Jan 1994 - Oct 2024
Sri Lanka (%) 82.0 2023 yearly 1967 - 2023
Sudan (%) 60.0 2021 yearly 2001 - 2021
Sweden (%) 5.4 2018 yearly 1996 - 2018
Switzerland (%) 20.9 2022 yearly 2002 - 2022
Syria (%) -71.2 2011 yearly 2004 - 2011

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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) -30,666.667 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) 113,078.6 2023 yearly 1957 - 2023
Total Exports (USD mn) 24,741.9 Oct 2024 monthly Jan 2015 - Oct 2024
Total Exports Growth (%) -10.7 Oct 2024 monthly Jan 2016 - Oct 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) 19,203.3 Oct 2024 monthly Jan 2005 - Oct 2024
Total Imports Growth (%) -3.8 Oct 2024 monthly Jan 2006 - Oct 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) 639.161 Oct 2024 monthly Jan 2017 - Oct 2024
Total Imports from USA (USD mn) 1,518.589 Oct 2024 monthly Jan 2005 - Oct 2024
Total Exports to China (USD mn) 3,987.029 Oct 2024 monthly Jan 2017 - Oct 2024
Total Imports from China (USD mn) 4,688.123 Oct 2024 monthly Jan 1981 - Oct 2024
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
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) 2,396.853 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: ow China (SAR mn) 14,951.358 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: Value (SAR mn) 92,782.013 Oct 2024 monthly Jan 2015 - Oct 2024
Exports: India (SAR mn) 8,793.674 Oct 2024 monthly Jan 2017 - Oct 2024
Exports: South Korea (SAR mn) 8,319.229 Oct 2024 monthly Jan 2017 - Oct 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: HS: Value: MC: Mineral Products (SAR mn) 61,579.696 2023 yearly 1983 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,249.487 2023 yearly 1970 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 105,681.247 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,637.828 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 118,665.412 2023 yearly 1970 - 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: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 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) 639.030 Mar 2024 quarterly Mar 2018 - Mar 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 2,295.466 Jun 2024 quarterly Mar 2018 - Jun 2024
BoP: USD: FA: Other Investment: Assets (USD mn) 3,644.042 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment (USD mn) -17,689.915 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 17,690.709 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: 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: CA: Secondary Income (USD mn) -13,383.060 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: Services: Credit (USD mn) 10,114.940 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: Debit (USD mn) 8,751.144 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: CA: Goods & Services: Goods: Credit (USD mn) 73,942.498 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: CA: Primary Income: Credit (USD mn) 9,890.738 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
BoP: USD: CA: Primary Income (USD mn) 1,139.594 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: Financial Account (FA) (USD mn) -16,358.424 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) 443,477.173 Nov 2024 monthly Jan 1993 - Nov 2024
Money Supply M2 (USD mn) 707,473.500 Nov 2024 monthly Jan 1993 - Nov 2024
M2 Growth (%) 11.4 Nov 2024 monthly Jan 1994 - Nov 2024
Reserve Requirement Ratio (%) 7.0 Nov 2024 monthly Mar 1980 - Nov 2024
Foreign Exchange Reserves (USD mn) 425,952.2 Nov 2024 monthly Jan 2001 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 39.870 Sep 2024 quarterly Dec 2003 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 23.9 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Dec 2024 monthly Dec 1957 - Dec 2024
Total Deposits (USD mn) 725,068.989 Nov 2024 monthly Jan 1993 - Nov 2024
Total Deposits Growth (%) 10.5 Nov 2024 monthly Jan 1994 - Nov 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) 131,348.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Total Loans (USD mn) 781,989.412 Nov 2024 monthly Jan 1997 - Nov 2024
Total Loans Growth (%) 13.33 Nov 2024 monthly Jan 1998 - Nov 2024
Private Debt: % of Nominal GDP (%) 67.34 Sep 2024 quarterly Dec 2003 - Sep 2024
Base Money (SAR mn) 405,816.348 Dec 2024 monthly Jan 2000 - Dec 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,945,655.647 Nov 2024 monthly Jan 1993 - Nov 2024
Money Supply: M3: M2: M1 (SAR mn) 1,663,039.398 Nov 2024 monthly Jan 1993 - Nov 2024
Money Supply: M3: M2 (SAR mn) 2,653,025.624 Nov 2024 monthly Jan 1993 - Nov 2024
Official Reserve Assets (SAR mn) 1,639,569.175 Dec 2024 monthly Jan 2001 - Dec 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 588,303.170 Nov 2024 monthly Jan 2001 - Nov 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,128,063.265 Nov 2024 monthly Jan 1993 - Nov 2024
Banks Deposits (SAR mn) 2,719,008.711 Nov 2024 monthly Jan 1993 - Nov 2024
Bank Loans: Consumer (SAR mn) 452,321.357 Jun 2024 quarterly Mar 1998 - Jun 2024

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