Sales Tax Rate in Saudi Arabia stands at 15 percent in 2021. source: General Authority OF ZAKAT & TAX, Saudi Arabia

Sales Tax Rate in Saudi Arabia averaged 9 percent from 2018 until 2021, reaching an all time high of 15 percent in 2020 and a record low of 5 percent in 2019. This page provides - Saudi Arabia Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Sales Tax Rate - VAT - values, historical data and charts - was last updated on June of 2022.

Sales Tax Rate in Saudi Arabia is expected to reach 15.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Sales Tax Rate - VAT is projected to trend around 10.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Saudi Arabia Sales Tax Rate - VAT



Related Last Previous Unit Reference
Sales Tax Rate 15.00 15.00 percent Dec 2021

Saudi Arabia Sales Tax Rate - VAT
In Saudi Arabia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Saudi Arabia.
Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 15.00 5.00 2018 - 2021 percent Yearly