Bound rate, simple mean, all products (%) in Saudi Arabia
Saudi Arabia: Bound rate, simple mean, all products (%) was 10.7% in 2020. ▬ Flat
Bound rate, simple mean, all products in Saudi Arabia, 2005–2020
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2020, bound rate, simple mean, all products in Saudi Arabia stood at 10.7%.
The figure is down 5.3% over ten years.
Over the whole period, bound rate, simple mean, all products in Saudi Arabia peaked at 11.3% in 2007 and was at its lowest, 10.6%, in 2015.
That places Saudi Arabia 107th out of 157 countries with data for 2020, putting it in the middle of the range.
Bound rate, simple mean, all products (%) in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 10.6% | — |
| 2006 | 10.6% | +0.0% |
| 2007 | 11.3% | +6.4% |
| 2008 | 11.3% | -0.3% |
| 2009 | 11.3% | -0.3% |
| 2011 | 11.2% | -0.4% |
| 2012 | 11.2% | -0.4% |
| 2013 | 11.2% | +0.0% |
| 2014 | 11.2% | +0.0% |
| 2015 | 10.6% | -4.9% |
| 2017 | 10.7% | +0.3% |
| 2020 | 10.7% | +0.0% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 10.7% is above the median for high income countries, which is 4.4%, 2.4× the median. (58 countries reporting)
- Saudi Arabia's 10.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.0%, 37% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.0% | 10.6% | 11.3% | 5 |
| 2010s | 11.0% | 10.6% | 11.2% | 6 |
| 2020s | 10.7% | 10.7% | 10.7% | 1 |
Countries ranked near Saudi Arabia
More private sector data for Saudi Arabia
- Merchandise trade 44.2% (2025)
- Food imports 12.3% (2025)
- Manufactures imports 72.1% (2025)
- Merchandise imports 254.06 billion current US$ (2025)
- Commercial service imports 122.08 billion current US$ (2025)
- Food exports 2.2% (2025)
- Manufactures exports 16.7% (2025)
- Merchandise exports 310.67 billion current US$ (2025)
- Commercial service exports 66.92 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,403 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Saudi Arabia?
- Bound rate, simple mean, all products in Saudi Arabia was 10.7% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Saudi Arabia?
- The highest recorded value was 11.3% in 2007.
- What is the lowest bound rate, simple mean, all products recorded in Saudi Arabia?
- The lowest recorded value was 10.6% in 2015.
- How does Saudi Arabia rank for bound rate, simple mean, all products?
- Saudi Arabia ranks 107th out of 157 countries with data for 2020.
- Is bound rate, simple mean, all products rising or falling in Saudi Arabia?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is flat.
- Where does this Saudi Arabia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.
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About this data
Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.