Saudi Arabia recorded a Government Budget deficit equal to 9.20 percent of the country's Gross Domestic Product in 2018.
Government Budget in Saudi Arabia averaged 1.21 percent of GDP from 1969 until 2018, reaching an all time high of 43.17 percent of GDP in 1973 and a record low of -25.27 percent of GDP in 1987. This page provides - Saudi Arabia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Budget - values, historical data and charts - was last updated on July of 2020. source: Saudi Arabian Monetary Agency
Government Budget in Saudi Arabia is expected to reach -12.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Government Budget is projected to trend around -8.50 percent of GDP in 2021 and -7.50 percent of GDP in 2022, according to our econometric models.