Government Spending in Saudi Arabia decreased to 171191 SAR Million in the first quarter of 2022 from 233828 SAR Million in the fourth quarter of 2021. source: Saudi Arabian Monetary Agency

Government Spending in Saudi Arabia averaged 150320.72 SAR Million from 2008 until 2022, reaching an all time high of 233828 SAR Million in the fourth quarter of 2021 and a record low of 76217 SAR Million in the first quarter of 2008. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Spending - values, historical data and charts - was last updated on August of 2022.

Government Spending in Saudi Arabia is expected to be 185979.00 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 Spending is projected to trend around 254812.00 SAR Million in 2023 and 262456.00 SAR Million in 2024, according to our econometric models.

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Saudi Arabia Government Spending

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 171191.00 233828.00 SAR Million Mar 2022
Government Revenues 965486.00 781834.00 SAR Million Dec 2021
Government Budget Value -73447.00 -293900.00 SAR Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
171191.00 233828.00 233828.00 76217.00 2008 - 2022 SAR Million Quarterly
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