The Sales Tax Rate in Saudi Arabia stands at 15 percent.
Sales Tax Rate in Saudi Arabia averaged 7.50 percent from 2018 until 2020, 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 2020. source: General Authority OF ZAKAT & TAX, Saudi Arabia
Sales Tax Rate in Saudi Arabia is expected to reach 15.00 percent by the end of 2020, 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 15.00 percent in 2021 and 10.00 percent in 2022, according to our econometric models.