Government Spending in Saudi Arabia decreased to 156928 SAR Million in the third quarter of 2018 from 183426 SAR Million in the second quarter of 2018. Government Spending in Saudi Arabia averaged 150518.30 SAR Million from 2008 until 2018, reaching an all time high of 630978 SAR Million in the first quarter of 2018 and a record low of 76217 SAR Million in the first quarter of 2008.

Government Spending in Saudi Arabia is expected to be 216701.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Saudi Arabia to stand at 146035.00 in 12 months time. In the long-term, the Saudi Arabia Government Spending is projected to trend around 227006.00 SAR Million in 2020, according to our econometric models.

Saudi Arabia Government Spending
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Saudi Arabia Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.10 17.20 103.50 1.60 percent [+]
Government Budget -9.20 -8.90 43.17 -25.27 percent of GDP [+]
Government Spending 195776.00 156928.00 630978.00 76217.00 SAR Million [+]
Government Revenues 894711.00 691505.00 1247398.00 5668.00 SAR Million [+]
Fiscal Expenditure 1030415.00 929999.00 1109903.00 6028.00 SAR Million [+]
Military Expenditure 65843.00 70400.00 88233.00 808.00 USD Million [+]
Government Budget Value -135704.00 -238494.00 580924.00 -362229.00 SAR Million [+]
Credit Rating 86.25 [+]


Saudi Arabia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Spending - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
195776.00 156928.00 630978.00 76217.00 2008 - 2018 SAR Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 90142.00 Mar/19
Brazil 118159.12 Apr/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
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Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
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