Saudi Arabia: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, Saudi Arabia's export value index (2015 = 100) fell 7.1 on 2023 (from 157.2 to 150.1).

Across the 18 yearly changes before that (2006 to 2023), the average change was +3.8 and a typical year strayed about 39.84 from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 66.3 in 2022 and the biggest yearly fall was 68.2 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 7.97 a year. A straight line explains 46% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Saudi Arabia had the 101st highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Saudi Arabia in the 2024 ranking

• Solomon Islands — 98th of 204: 151.2
• Belarus — 99th of 204: 150.7
• Spain — 100th of 204: 150.3
• Bahrain — 102nd of 204: 149.3
• Italy — 103rd of 204: 147.6
• Dominican Republic — 104th of 204: 146.9

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• Afghanistan — 99.1 (2024)
• Algeria — 141.9 (2024)
• Bahrain — 149.3 (2024)
• Djibouti — 4,081 (2024)
• Egypt, Arab Rep. — 198 (2024)
• Iran, Islamic Rep. — 176.5 (2024)
• Iraq — 196.7 (2024)
• Israel — 97.2 (2024)
• Jordan — 169.6 (2024)
• Kuwait — 141.2 (2024)
• Lebanon — 95.8 (2024)
• Libya

More trade data for Saudi Arabia

• Import volume index (2015 = 100) — 159.2 (2024)
• Tariff rate, applied, simple mean, manufactured products (%) — 5.84% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 5.83% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 5.56% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 5.56% (2022)
• Tariff rate, applied, simple mean, all products (%) — 5.96% (2022)
• Tariff rate, most favored nation, simple mean, all products (%) — 6.16% (2022)
• Tariff rate, applied, weighted mean, all products (%) — 5.4% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Saudi Arabia's export value index (2015 = 100)?

150.1 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 69.03% from 88.8 in 2005 (2.8% a year on average, compounded). The highest value was 202 in 2022 and the lowest 85.4 in 2020.

How does Saudi Arabia rank?

101st highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for Saudi Arabia?

In 2024, Saudi Arabia's export value index (2015 = 100) fell 7.1 on 2023 (from 157.2 to 150.1). Across the 18 yearly changes before that (2006 to 2023), the average change was +3.8 and a typical year strayed about 39.84 from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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