Services, Debit/Expenditure in Saudi Arabia
Saudi Arabia: Services, Debit/Expenditure was 101.75 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Saudi Arabia, 2005–2024
Source: International Monetary Fund.
Analysis
Saudi Arabia recorded 101.75 billion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 1.2% over ten years.
Over the whole period, services, debit/expenditure in Saudi Arabia peaked at 101.75 billion in 2024 and was at its lowest, 33.09 billion, in 2005.
Saudi Arabia ranks 22nd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 33.09 billion | — |
| 2006 | 49.51 billion | +49.6% |
| 2007 | 63.06 billion | +27.3% |
| 2008 | 75.23 billion | +19.3% |
| 2009 | 74.99 billion | -0.3% |
| 2010 | 76.77 billion | +2.4% |
| 2011 | 78.02 billion | +1.6% |
| 2012 | 73.41 billion | -5.9% |
| 2013 | 76.65 billion | +4.4% |
| 2014 | 100.55 billion | +31.2% |
| 2015 | 88.04 billion | -12.4% |
| 2016 | 70.52 billion | -19.9% |
| 2017 | 78.00 billion | +10.6% |
| 2018 | 83.43 billion | +7.0% |
| 2019 | 78.69 billion | -5.7% |
| 2020 | 56.26 billion | -28.5% |
| 2021 | 73.78 billion | +31.1% |
| 2022 | 82.45 billion | +11.7% |
| 2023 | 97.91 billion | +18.8% |
| 2024 | 101.75 billion | +3.9% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 101.75 billion is above the median for high income countries, which is 18.44 billion, 5.5× the median. (72 countries reporting)
- Saudi Arabia's 101.75 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.77 billion, 8.6× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.18 billion | 33.09 billion | 75.23 billion | 5 |
| 2010s | 80.41 billion | 70.52 billion | 100.55 billion | 10 |
| 2020s | 82.43 billion | 56.26 billion | 101.75 billion | 5 |
Countries ranked near Saudi Arabia
More trade data for Saudi Arabia
- Commodity Net Export Price Index, Individual Commodities Weighted by 64.6 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 83.96 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.81 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 62.46 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.83 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 93.23 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7737 (2024)
- Imports of low carbon technology products, US dollar (World), per 271.72 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0076 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.28 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Saudi Arabia?
- Services, debit/expenditure in Saudi Arabia was 101.75 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Saudi Arabia?
- The highest recorded value was 101.75 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Saudi Arabia?
- The lowest recorded value was 33.09 billion in 2005.
- How does Saudi Arabia rank for services, debit/expenditure?
- Saudi Arabia ranks 22nd out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Saudi Arabia?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.