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24Peaks / Asia / Saudi Arabia / MFN Simple Average Tariff (%)

Saudi Arabia - MFN Simple Average Tariff (%) 5.88

World Bank WITS · updated 2026-10-03 · 180 economies tracked

Latest value

5.88 (2023)

Global rank

#n/a of 180 economies

vs global median

0.9×

Growth since 1994

0.48×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#6#462018 overtook Qatar2023 overtook Moldova
Saudi ArabiaMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Saudi Arabia climbed from #6 to #46 (overtook Qatar). Gaps in a lane = missing data that year.

Key events for Saudi Arabia ↓

Key Events — Saudi Arabia

Auto-detected from rank data + curated milestones

2000
Fell 27 places in global rank auto
2001
Fell 22 places in global rank auto
2002
Climbed 41 places in global rank auto
2005
Climbed 32 places in global rank auto
2016
Vision 2030 launched curated

Diversification plan begins amid low oil prices.

2017
Fell 29 places in global rank auto
2018
Overtook Qatar in global rank auto
2018
Climbed 31 places in global rank auto

MFN Simple Average Tariff (%), 1994-2023

World Bank WITS · % · linear scale · ranking in the race above
19942004201420234.687.3810.0912.79

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