Name: Saudi Arabia Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Saudi Arabia,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Saudi Arabia recorded a government budget deficit of 73447 SAR Million in 2021. source: Saudi Arabian Monetary Agency

Government Budget Value in Saudi Arabia averaged 1318.77 SAR Million from 1969 until 2021, reaching an all time high of 580924 SAR Million in 2008 and a record low of -362229 SAR Million in 2015. This page provides - Saudi Arabia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Budget Value - values, historical data and charts - was last updated on May of 2022.

Government Budget Value in Saudi Arabia is expected to reach -334271.00 SAR Million by the end of 2022, 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 -334271.00 SAR Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	32.50	22.80	percent of GDP	Dec 2020
Government Budget	-11.20	-4.50	percent of GDP	Dec 2020
Government Spending	233828.00	178826.00	SAR Million	Dec 2021
Government Revenues	965486.00	781834.00	SAR Million	Dec 2021
Government Budget Value	-73447.00	-293900.00	SAR Million	Dec 2021

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.