Saudi Arabia Trade to GDP Ratio 1968-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Saudi Arabia trade to gdp ratio for 2023 was 62.13%, a 1.39% decline from 2022.
- Saudi Arabia trade to gdp ratio for 2022 was 63.51%, a 6.37% increase from 2021.
- Saudi Arabia trade to gdp ratio for 2021 was 57.14%, a 7.43% increase from 2020.
- Saudi Arabia trade to gdp ratio for 2020 was 49.71%, a 10.48% decline from 2019.
| Saudi Arabia Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
62.13% |
-1.39% |
| 2022 |
63.51% |
6.37% |
| 2021 |
57.14% |
7.43% |
| 2020 |
49.71% |
-10.48% |
| 2019 |
60.20% |
-1.76% |
| 2018 |
61.96% |
0.14% |
| 2017 |
61.81% |
1.91% |
| 2016 |
59.91% |
-9.60% |
| 2015 |
69.50% |
-10.06% |
| 2014 |
79.56% |
-2.36% |
| 2013 |
81.92% |
-0.93% |
| 2012 |
82.85% |
-2.01% |
| 2011 |
84.86% |
2.31% |
| 2010 |
82.55% |
-2.31% |
| 2009 |
84.86% |
-11.24% |
| 2008 |
96.10% |
1.24% |
| 2007 |
94.86% |
4.92% |
| 2006 |
89.94% |
7.99% |
| 2005 |
81.95% |
6.87% |
| 2004 |
75.08% |
5.25% |
| 2003 |
69.83% |
5.24% |
| 2002 |
64.59% |
1.03% |
| 2001 |
63.56% |
-4.61% |
| 2000 |
68.17% |
10.32% |
| 1999 |
57.85% |
1.76% |
| 1998 |
56.09% |
-9.10% |
| 1997 |
65.19% |
-1.47% |
| 1996 |
66.65% |
1.61% |
| 1995 |
65.04% |
4.97% |
| 1994 |
60.07% |
-7.74% |
| 1993 |
67.81% |
-7.29% |
| 1992 |
75.09% |
0.39% |
| 1991 |
74.70% |
2.99% |
| 1990 |
71.71% |
-0.11% |
| 1989 |
71.82% |
5.30% |
| 1988 |
66.53% |
-1.47% |
| 1987 |
67.99% |
5.51% |
| 1986 |
62.49% |
-4.22% |
| 1985 |
66.71% |
-13.03% |
| 1984 |
79.74% |
-6.40% |
| 1983 |
86.15% |
-3.70% |
| 1982 |
89.85% |
-3.06% |
| 1981 |
92.91% |
2.16% |
| 1980 |
90.76% |
1.66% |
| 1979 |
89.10% |
-1.81% |
| 1978 |
90.91% |
0.93% |
| 1977 |
89.98% |
6.00% |
| 1976 |
83.98% |
-11.09% |
| 1975 |
95.07% |
18.93% |
| 1974 |
76.14% |
-44.48% |
| 1973 |
120.62% |
40.76% |
| 1972 |
79.86% |
7.95% |
| 1971 |
71.90% |
-0.46% |
| 1970 |
72.37% |
-0.77% |
| 1969 |
73.13% |
0.68% |
| 1968 |
72.45% |
0.68% |
