Saudi Arabia recorded a government budget deficit of 238494 SAR Million in 2017. Government Budget Value in Saudi Arabia averaged 15466.25 SAR Million from 1969 until 2017, reaching an all time high of 580924 SAR Million in 2008 and a record low of -362229 SAR Million in 2015.

Government Budget Value in Saudi Arabia is expected to be -454964.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Government Budget Value is projected to trend around -500584.00 SAR Million in 2020, according to our econometric models.

Saudi Arabia Government Budget Value
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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 156928.00 183426.00 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 Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Saudi Arabia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-238494.00 -311065.00 580924.00 -362229.00 1969 - 2017 SAR Million Yearly
Current Prices, NSA




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