Trade balance in low carbon technology products, Percent of GDP in Saudi Arabia
Saudi Arabia: Trade balance in low carbon technology products, Percent of GDP was -0.6701 in 2024. ▲ Rising
Trade balance in low carbon technology products, Percent of GDP in Saudi Arabia, 1994–2024
Source: International Monetary Fund.
Analysis
In 2024, trade balance in low carbon technology products, percent of gdp in Saudi Arabia stood at -0.6701.
That represents a change of down 28.1% on the previous year and up 16.2% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Saudi Arabia peaked at -0.3392 in 2022 and was at its lowest, -1.24, in 2009.
Saudi Arabia ranks 72nd of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -0.5818 | — |
| 1995 | -0.8946 | +53.8% |
| 1996 | -0.7097 | -20.7% |
| 1998 | -0.794 | +11.9% |
| 1999 | -0.9349 | +17.7% |
| 2000 | -0.7577 | -18.9% |
| 2001 | -0.5614 | -25.9% |
| 2002 | -0.5476 | -2.5% |
| 2003 | -0.5534 | +1.1% |
| 2004 | -0.6116 | +10.5% |
| 2005 | -0.7583 | +24.0% |
| 2006 | -0.787 | +3.8% |
| 2007 | -1.2 | +53.0% |
| 2008 | -1.19 | -1.1% |
| 2009 | -1.24 | +4.4% |
| 2010 | -0.7646 | -38.5% |
| 2011 | -0.7606 | -0.5% |
| 2012 | -0.8532 | +12.2% |
| 2013 | -0.8465 | -0.8% |
| 2014 | -0.7995 | -5.5% |
| 2015 | -1.12 | +39.6% |
| 2016 | -0.7406 | -33.6% |
| 2017 | -0.6002 | -18.9% |
| 2018 | -0.4416 | -26.4% |
| 2019 | -0.4628 | +4.8% |
| 2020 | -0.4413 | -4.6% |
| 2021 | -0.3522 | -20.2% |
| 2022 | -0.3392 | -3.7% |
| 2023 | -0.5232 | +54.2% |
| 2024 | -0.6701 | +28.1% |
Saudi Arabia compared with similar countries
- Saudi Arabia's -0.6701 is below the median for high income countries, which is -0.5764, 1.2× the median. (62 countries reporting)
- Saudi Arabia's -0.6701 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.7251, 92% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.783 | -0.9349 | -0.5818 | 5 |
| 2000s | -0.8216 | -1.24 | -0.5476 | 10 |
| 2010s | -0.7386 | -1.12 | -0.4416 | 10 |
| 2020s | -0.4652 | -0.6701 | -0.3392 | 5 |
Countries ranked near Saudi Arabia
- 69 Tanzania, United Republic of -0.6377 compare
- 70 Sao Tome and Principe -0.6566 compare
- 71 Indonesia -0.6678 compare
- 73 Russian Federation -0.672 compare
- 74 Thailand -0.6768 compare
- 75 Malta -0.6846 compare
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 trade balance in low carbon technology products, percent of gdp in Saudi Arabia?
- Trade balance in low carbon technology products, percent of gdp in Saudi Arabia was -0.6701 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Saudi Arabia?
- The highest recorded value was -0.3392 in 2022.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Saudi Arabia?
- The lowest recorded value was -1.24 in 2009.
- How does Saudi Arabia rank for trade balance in low carbon technology products, percent of gdp?
- Saudi Arabia ranks 72nd out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Saudi Arabia?
- Over the last ten years it is up 16.2%. 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 Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.