Saudi Arabia Tariff Rate
Saudi Arabia's tariff rate rose to 5.96% in 2022, up from 4.7% in 2020, according to World Bank. This represents an increase of 1.26% from the previous year. Saudi Arabia has tariff rate higher than the global median (5.96% vs median 5.90%). Compared with the median in Asia, Saudi Arabia is higher (5.96% vs regional median 5.36%) and ranks 14th out of 45 countries in Asia.
Yearly Historical Data (1994-2022)
(in %)Saudi Arabia Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Saudi Arabia on all products, expressed as a percentage.