Saudi Arabia recorded a Government Budget deficit equal to 8.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Saudi Arabia averaged 1.42 percent of GDP from 1969 until 2017, 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.

Saudi Arabia Government Budget
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Saudi Arabia Government Last Previous Highest Lowest Unit
Government Debt to GDP 17.20 13.10 103.50 1.60 percent [+]
Government Budget -8.90 -12.80 43.17 -25.27 percent of GDP [+]
Government Spending 183426.00 630978.00 630978.00 76217.00 SAR Million [+]
Government Revenues 691505.00 519448.00 1247398.00 5668.00 SAR Million [+]
Fiscal Expenditure 929999.00 830513.00 1109903.00 6028.00 SAR Million [+]
Military Expenditure 69521.40 63672.80 90257.90 838.00 USD Million [+]
Government Budget Value -238494.00 -311065.00 580924.00 -362229.00 SAR Million [+]
Credit Rating 86.25 [+]


Saudi Arabia Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Saudi Arabia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-8.90 -12.80 43.17 -25.27 1969 - 2017 percent of GDP Yearly




Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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