Saudi Arabia recorded a Government Debt to GDP of 29.90 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.

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

Key information about Saudi Arabia National Government Debt

• Saudi Arabia National Government Debt reached 319.7 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 319.7 USD bn in Dec 2024 and a record low of 11.8 USD bn in Dec 2014.

CEIC converts annual Government Debt into USD. The Ministry of Finance provides Outstanding Government Domestic Debt in local currency. Saudi Central Bank period end market exchange rate is used for currency conversions.


Related information about Saudi Arabia National Government Debt

• In the latest reports, Saudi Arabia Consolidated Fiscal Balance registered a surplus equal to 2.5 % of its Nominal GDP in Dec 2022.
• The country's Government debt accounted for 28.5 % of its Nominal GDP in Sep 2024.
• Saudi Arabia Nominal GDP reached 267.9 USD bn in Mar 2023.

In 2024, the ratio of national debt to gross domestic product (GDP) of Saudi Arabia stood at about 29.87 percent. Between 1991 and 2024, the figure dropped by approximately 9.48 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by around 16.05 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.

Graph and download economic data for General government gross debt for Saudi Arabia (GGGDTASAA188N) from 1991 to 2024 about Saudi Arabia, gross, debt, and government.

Key information about Saudi Arabia Household Debt

• Saudi Arabia Household Debt reached 134.0 USD bn in Dec 2024, compared with the reported number of 131.3 USD bn in the previous quarter
• Saudi Arabia Household Debt: USD mn data is updated quarterly, available from Mar 1998 to Dec 2024
• The data reached an all-time high of 134.0 USD bn in Dec 2024 and a record low of 11.8 USD bn in Mar 1998

CEIC converts quarterly Household Debt into USD. Saudi Central Bank provides Household Debt in local currency. Saudi Central Bank period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt covers Consumer and Credit Card bank loans only

Households Debt in Saudi Arabia increased to 35.30 percent of GDP in the fourth quarter of 2024 from 34.40 percent of GDP in the third quarter of 2024. This dataset provides - Saudi Arabia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Saudi Arabia: Government debt as percent of GDP: The latest value from 2023 is 26.23 percent, an increase from 23.93 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Saudi Arabia from 1991 to 2023 is 41.69 percent. The minimum value, 1.54 percent, was reached in 2014 while the maximum of 102.99 percent was recorded in 1999.

Key information about Saudi Arabia Household Debt: % of GDP

• Saudi Arabia household debt accounted for 12.3 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 12.1 % in the previous quarter.
• Saudi Arabia household debt to GDP ratio is updated quarterly, available from Dec 2003 to Dec 2024.
• The data reached an all-time high of 14.3 % in Mar 2021 and a record low of 8.5 % in Sep 2008.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Saudi Central Bank provides Household Debt in local currency. General Authority for Statistics provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt covers Consumer and Credit Card bank loans only.


Related information about Saudi Arabia Household Debt: % of GDP

• In the latest reports, Saudi Arabia Household Debt reached 134.0 USD bn in Dec 2024.
• Money Supply M2 in Saudi Arabia increased 11.3 % YoY in Jan 2025.
• Saudi Arabia Foreign Exchange Reserves was measured at 410.2 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 21.4 Months of Import in Dec 2024.
• The country's Non Performing Loans Ratio stood at 1.3 % in Sep 2024, compared with the ratio of 1.4 % in the previous quarter.

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

Key information about Saudi Arabia Government Debt: % of GDP

• Saudi Arabia Government debt accounted for 29.9 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 28.5 % in the previous quarter.
• Saudi Arabia government debt to GDP ratio data is updated quarterly, available from Dec 2016 to Dec 2024.
• The data reached an all-time high of 32.5 % in Mar 2021 and a record low of 12.0 % in Mar 2017.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance provides Government Debt in local currency. The General Authority for Statistics provides Nominal GDP in local currency.


Related information about Saudi Arabia Government Debt: % of GDP

• In the latest reports, Saudi Arabia National Government Debt reached 319.7 USD bn in Dec 2024.
• The country's Nominal GDP reached 267.9 USD bn in Mar 2023.

International debt securities, all maturities in Saudi Arabia was reported at 141127000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - International debt securities, all maturities - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Gross Portfolio Debt Liabilities to GDP for Saudi Arabia (DDDM10SAA156NWDB) from 2012 to 2020 about Saudi Arabia, liabilities, gross, debt, and GDP.

Household debt to GDP, in percent in Saudi Arabia, December, 2024 The most recent value is 35.3 percent as of December 2024, an increase compared to the previous value of 34.4 percent. Historically, the average for Saudi Arabia from March 1999 to December 2024 is 26.38 percent. The minimum of 17.7 percent was recorded in September 2000, while the maximum of 35.3 percent was reached in December 2024. | TheGlobalEconomy.com

International debt securities, short term in Saudi Arabia was reported at 11807000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - International debt securities, short term - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In Saudi Arabia, the expected public debt as a percentage of gross domestic product (GDP) for 2021 was 32.7 percent, compared to 34.3 percent in 2020. The debt to GDP ratio exceeded government's target of 30 percent as part of the National Transformation Program 2020, and was increased to 50 percent on March 2020 during the pandemic.

Gross portfolio debt liabilities to GDP (%) in Saudi Arabia was reported at 14.61 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - Gross portfolio debt liabilities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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

Key information about Saudi Arabia Private Debt: % of Nominal GDP

• Saudi Arabia Private Debt accounted for 69.26 % of its Nominal GDP in Dec 2024, compared with a ratio of 67.34 % in the previous quarter
• Saudi Arabia Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2003 to Dec 2024, with an average share of 41.82 %
• The data reached an all-time high of 69.26 % in Dec 2024 and a record low of 26.00 % in Dec 2003

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Private Debt is calculated by subtracting the Financial and Insurance Activities from the Total Credits. Saudi Central Bank provides Private Debt in local currency. The General Authority for Statistics provides Nominal GDP in local currency. Private Debt prior to Q3 2021 is calculated from Total Credits less Credits to Finance Sector, and Government and Quasi Government.

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