Key information about Saudi Arabia National Government Debt

• Saudi Arabia National Government Debt reached 324.2 USD bn in Dec 2024, compared with 280.1 USD bn in the previous year.
• Saudi Arabia National Government Debt data is updated yearly, available from Dec 2004 to Dec 2024.
• The data reached an all-time high of 324.2 USD bn in Dec 2024 and a record low of 11.8 USD bn in Dec 2014.

• In the latest reports, Saudi Arabia Consolidated Fiscal Balance recorded a deficit equal to 2.8 % of its Nominal GDP in Dec 2024.
• The country's Government debt accounted for 29.7 % of its Nominal GDP in Jun 2025.
• Saudi Arabia Nominal GDP reached 311.5 USD bn in Jun 2025.

In 2024, the ratio of national debt to gross domestic product (GDP) of Saudi Arabia stood at 26.15 percent. Between 1991 and 2024, the figure dropped by 13.2 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by 14.52 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

The national debt of Saudi Arabia was ************** U.S. dollars in 2024. Between 1991 and 2024, the national debt rose by ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Saudi Arabia recorded a Government Debt to GDP of 26.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - Saudi Arabia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Saudi Arabia Government Debt: % of GDP

• Saudi Arabia Government debt accounted for 29.7 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 28.4 % in the previous quarter.
• Saudi Arabia government debt to GDP ratio data is updated quarterly, available from Dec 2016 to Jun 2025.
• The data reached an all-time high of 30.4 % in Mar 2021 and a record low of 11.6 % in Mar 2017.

• In the latest reports, Saudi Arabia National Government Debt reached 324.2 USD bn in Dec 2024.
• The country's Nominal GDP reached 311.5 USD bn in Jun 2025.

Monthly and long-term Saudi Arabia Public Debt data: historical series and analyst forecasts curated by FocusEconomics.

Government Debt in Saudi Arabia increased to 1215.90 SAR Billion in 2024 from 1050.30 SAR Billion in 2023. Saudi Arabia Government Debt - values, historical data, forecasts and news - updated on November of 2025.

Saudi Arabia Public Debt data was reported at 167,681.301 SAR mn in 2024. This records an increase from the previous number of 87,982.516 SAR mn for 2023. Saudi Arabia Public Debt data is updated yearly, averaging 48,750.000 SAR mn from Dec 2004 (Median) to 2024, with 21 observations. The data reached an all-time high of 174,252.500 SAR mn in 2020 and a record low of 0.000 SAR mn in 2014. Saudi Arabia Public Debt data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Saudi Arabia – Table SA.F007: Public Debt.

Graph and download economic data for General Government Net Debt for Saudi Arabia (SAUGGNDGDPGDPPT) from 2000 to 2023 about Saudi Arabia, REO, debt, Net, and government.

The national debt of Saudi Arabia was about 324.25 billion U.S. dollars in 2024. Between 1991 and 2024, the national debt rose by approximately 272.29 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 306.70 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Saudi Arabia SA: Gross Public Debt: % of GDP: Budgetary Central Government: Short Term data was reported at 151.712 % in Sep 2017. This records an increase from the previous number of 149.535 % for Jun 2017. Saudi Arabia SA: Gross Public Debt: % of GDP: Budgetary Central Government: Short Term data is updated quarterly, averaging 151.712 % from Mar 2017 (Median) to Sep 2017, with 3 observations. The data reached an all-time high of 152.154 % in Mar 2017 and a record low of 149.535 % in Jun 2017. Saudi Arabia SA: Gross Public Debt: % of GDP: Budgetary Central Government: Short Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank: QPSD: Gross Public Debt: % of GDP: Budgetary Central Government.

SA: Gross Public Debt: % of GDP: Budgetary Central Government: Debt Securities data was reported at 13,214.328 % in Sep 2017. This records an increase from the previous number of 12,279.413 % for Jun 2017. SA: Gross Public Debt: % of GDP: Budgetary Central Government: Debt Securities data is updated quarterly, averaging 12,279.413 % from Mar 2017 (Median) to Sep 2017, with 3 observations. The data reached an all-time high of 13,214.328 % in Sep 2017 and a record low of 10,525.545 % in Mar 2017. SA: Gross Public Debt: % of GDP: Budgetary Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank: QPSD: Gross Public Debt: % of GDP: Budgetary Central Government.

Saudi Arabia SA: Gross Public Debt: % of GDP: Budgetary Central Government: Domestic Creditors data was reported at 9,798.951 % in Sep 2017. This records an increase from the previous number of 8,746.507 % for Jun 2017. Saudi Arabia SA: Gross Public Debt: % of GDP: Budgetary Central Government: Domestic Creditors data is updated quarterly, averaging 8,746.507 % from Mar 2017 (Median) to Sep 2017, with 3 observations. The data reached an all-time high of 9,798.951 % in Sep 2017 and a record low of 8,139.693 % in Mar 2017. Saudi Arabia SA: Gross Public Debt: % of GDP: Budgetary Central Government: Domestic Creditors data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank: QPSD: Gross Public Debt: % of GDP: Budgetary Central Government.

Historical dataset showing Saudi Arabia national debt by year from N/A to N/A.

Graph and download economic data for Projection of General government gross debt for Saudi Arabia (GGGDTPSAA188N) from 2025 to 2030 about Saudi Arabia, projection, debt, gross, and government.

External Debt to GDP in Saudi Arabia increased to 10.30 percent of GDP in 2024 from 8.90 percent of GDP in 2023. Saudi Arabia Public External Debt To GDP - values, historical data, forecasts and news - updated on November of 2025.

The statistic shows the 20 countries with the lowest national debt in 2024 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2024, Russia's estimated level of national debt reached about 20.3 percent of the GDP, ranking 16th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

In Saudi Arabia, the expected public debt as a percentage of gross domestic product (GDP) for 2021 was **** percent, compared to **** percent in 2020. The debt to GDP ratio exceeded government's target of ** percent as part of the National Transformation Program 2020, and was increased to ** percent on ********** during the pandemic.

The statistic shows the national debt of countries in the countries of the Arab world (Arab League) in relation to gross domestic product (GDP) in 2023. The source did not provide data for Libya, Syria and Palestine. In 2023, the national debt of Algeria amounted to ***** percent of the country's gross domestic product.

The forecast public debt value in Saudi Arabia for 2021 totaled approximately *** billion Saudi Arabian Riyal. Although this reflected no change from the previous year, Saudi Arabia recorded a steady increase in gross public debt from *** billion Riyal in 2016.