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.