Graph and download economic data for Non-oil Revenue for General Government for Saudi Arabia (SAUGGRXOGDPXOPT) from 2000 to 2025 about non-oil, Saudi Arabia, revenue, REO, and government.

The government of Saudi Arabia forecast that about *** billion Saudi Arabian Riyal of its non-oil revenue for 2022 was generated from taxation on goods and services. Meanwhile, approximately *** billion Saudi Arabia Riyal would be generated from other non-oil revenues.

Saudi Arabia Government Budget: Revenue: Non Oil: Others data was reported at 20,245.000 SAR mn in Mar 2018. This records a decrease from the previous number of 27,458.000 SAR mn for Sep 2017. Saudi Arabia Government Budget: Revenue: Non Oil: Others data is updated quarterly, averaging 20,245.000 SAR mn from Mar 2016 (Median) to Mar 2018, with 7 observations. The data reached an all-time high of 41,872.000 SAR mn in Jun 2016 and a record low of 10,982.000 SAR mn in Sep 2016. Saudi Arabia Government Budget: Revenue: Non Oil: Others 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.F001: Government Revenue and Expenditure.

In Saudi Arabia, the expected public revenue from non-oil sources was *** billion Saudi riyal in 2020. It was an increase compared to *** billion Saudi riyal in 2019.

In Saudi Arabia, the expected revenue from taxes on goods and services in 2020 was approximately *** billion Saudi riyal. The amount of non-oil revenues in Saudi Arabia was expected to be *** billion Saudi riyal in 2020.

As of 2023, the share of non-oil exports contribution to the total GDP in Saudi Arabia stood at ** percent. This was the same as its original base. As part of its Vision 2030 goal, the country aims to increase non-oil exports contribution to ** percent of the total GDP by the end of the decade.

Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Trade and Transactions data was reported at 3,786.000 SAR mn in Mar 2018. This records a decrease from the previous number of 6,098.000 SAR mn for Sep 2017. Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Trade and Transactions data is updated quarterly, averaging 4,941.000 SAR mn from Mar 2016 (Median) to Mar 2018, with 7 observations. The data reached an all-time high of 8,804.000 SAR mn in Jun 2016 and a record low of 3,564.000 SAR mn in Mar 2016. Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Trade and Transactions 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.F001: Government Revenue and Expenditure.

Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Goods and Services data was reported at 30,895.000 SAR mn in Sep 2018. This records an increase from the previous number of 29,744.000 SAR mn for Jun 2018. Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Goods and Services data is updated quarterly, averaging 8,084.000 SAR mn from Mar 2016 (Median) to Sep 2018, with 9 observations. The data reached an all-time high of 30,895.000 SAR mn in Sep 2018 and a record low of 5,286.000 SAR mn in Mar 2016. Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Goods and Services 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.F001: Government Revenue and Expenditure.

In 2020, ** percent of the public revenue of Saudi Arabia was expected to be oil revenue. The total public revenue of Saudi Arabia for that year was expected to reach *** billion Saudi riyal.

Explore the revenue, expenditure, and oil prices dataset including Total Expenditure, OPEC Basket Nominal Oil Prices, Non-Oil Revenue, and more. Analyze data from Saudi Arabia and gain insights into the country's economic trends.

Total Expenditure, OPEC Basket Nominal Oil Prices, Billion USD, Non-Billion USD, Non-Oil Revenue, USD per Barrel, Oil Revenue, Revenue, Expenditure, OPEC Basket Nominal Oil Prices, SAMA Annual

Saudi Arabia Follow data.kapsarc.org for timely data to advance energy economics research..Kindly Note the following:Revenues and Expenditure were converted to Billion Dollars instead of Million Saudi Riyals.OPEC Basket Nominal Oil Prices are in USD per Barrel.

Explore the Saudi Arabia Government Revenues and Expenditures dataset , including Total Expenditures, Total Revenues, Oil Revenues, Deficit/Surplus, and more.

Total Expenditures, Total Revenues, Oil Revenues, Deficit/Surplus (Actual), Capital Expenditures, Non-Oil Revenues, Current Expenditures, Revenues, Expenditures, Oil Revenues, Budget, Capital, surplus, deficit, ratio, SAMA Annual

Saudi ArabiaFollow data.kapsarc.org for timely data to advance energy economics research..Important notes:Data in Million Saudi Riyal.1990 - 1991: Budget allocation for fiscal year 1411/12 ( 1991 ) was amalgamated with the budget for 1410/11( 1990 ).2000, 2002 and 2004: Salaries of 13 months were paid.2010: The Surplus does not include expenditure on projects from surplus account (Rls17057 Million). And it includes deposits (Rls 731 Million) in government current account.As from 1407/08 ( 1987 ), the kingdom's fiscal year begins on 10th capricorn of the Zodiac year. Up to 1405/06 ( 1985 ) the fiscal years covered the period from 1st Rajab to the end of Jumad II.

Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Income, Profit and Capital Gains data was reported at 3,645.000 SAR mn in Sep 2018. This records a decrease from the previous number of 6,648.000 SAR mn for Jun 2018. Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Income, Profit and Capital Gains data is updated quarterly, averaging 2,988.000 SAR mn from Mar 2016 (Median) to Sep 2018, with 9 observations. The data reached an all-time high of 7,201.000 SAR mn in Jun 2017 and a record low of 789.000 SAR mn in Sep 2017. Saudi Arabia Government Budget: Revenue: Non Oil: Taxes: Income, Profit and Capital Gains 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.F001: Government Revenue and Expenditure.

In Saudi Arabia, 44.4 percent of non-oil revenues was expected to be from taxes on goods and services in 2020. The amount of non-oil revenues in Saudi Arabia was expected to be 320 billion Saudi riyal in 2020.

According to projections for 2025, the fiscal breakeven oil price for Saudi Arabia was **** U.S. dollars per barrel. The projections for Saudi Arabia's external breakeven oil price for the same period were at ** U.S. dollars per barrel. Saudi oil industry   Saudi Arabia’s oil industry entails ** percent of the world’s proven petroleum reserves. Their oil reserves were expected to exceed ** billion metric tons by 2020. Its oil sector accounted for about half of the country’s GDP in 2018, and about ** percent of their export income, as their oil reserves are the second largest in the world and they are the world’s leading petroleum exporter. Saudi Arabia has an advantage over other oil-producing countries as the extraction process is cheaper and easier relative to other regions. The petroleum is handled and mostly controlled by Saudi Aramco which is a public company and the most profitable country in the world as of 2019. The highest value petrochemicals project in the country in 2020 was the Amiral Complex: Ethylene & Propylene Plant. Saudi economy Saudi Arabia is the world’s leader in petroleum exportation. They also had the fifth-largest natural gas reserve in 2019. However, their significant reliance on these natural resources compelled the government to launch its Saudi Vision 2030, which aims on expanding their resources. As a result, in the first quarter of 2019, Saudi Arabia's budget has accomplished its first surplus since 2014 of more than ** billion U.S. dollars due to the increase of both the oil and non-oil revenues. Public debt witnessed a significant increase in 2020 following the COVID-19 pandemic but was expected to slowly decrease in the following years. Non-oil revenues accounted for about ** percent of the country’s revenue in 2019 . The largest non-oil contributor to the country’s GDP was government services.

In Saudi Arabia, the real non-oil gross domestic product growth (GDP) in the first quarter of 2019 amounted to *** percent, and *** percent in the second quarter. The increase is mainly due to the improving economic activities and the development of non-oil revenue projects such as the construction sector that observed growth for the first time during the past three years.

Explore actual government revenues and expenditures by sector in Saudi Arabia, including data on total expenditure, military, economic resources, public administration, education, oil revenues, health & social development, and more.

General Items, Total Expenditure, Military, Economic Resources, Security and Regional Administration, Total Revenues, Deficit / Surplus ( Expected ), Public Administration, Revenues, Expenditures, Education, Oil Revenues, Municipality Service, Infrastructure and Transport, Health & Social Development, Non-oil Revenues, Budget, surplus, deficit, ratio, SAMA Annual

Saudi ArabiaFollow data.kapsarc.org for timely data to advance energy economics research..

🇸🇦 Saudi Arabia

The government of Saudi Arabia forecast that about *** billion Saudi Arabian Riyal of its non-oil revenue for 2022 was generated from taxation on goods and services. At the same time the revenue on taxes on international trade and transactions was ** billion Saudi Riyal.

The government of Saudi Arabia estimated that *** billion Saudi Riyal of its revenue for 2021 was generated from oil. Non-oil revenue accounted for *** billion Saudi Riyal of the kingdom's public revenue. This includes taxations.

Saudi Arabia had an oil production volume of ** million barrels per day in April 2020. However, the country planned to reduce its production to about ***** million barrels per day following the COVID-19 pandemic in May and June of 2020.

Saudi oil industry

Saudi Arabia’s oil industry entails ** percent of the world’s proven petroleum reserves. Their oil reserves increased from ** billion metric tons in 1990 to more than ** billion metric tons in 2019. In 2018, its oil industry accounted for about half of the country’s GDP, at approximately *** billion Saudi riyal, and about ** percent of its export income. Saudi Arabia’s oil reserves are the second largest in the world. Furthermore, the country is the world’s leading petroleum exporter. Being close to the Earth’s surface, petroleum in Saudi Arabia is often easier and cheaper to extract than it is in other countries throughout the world. Petroleum is managed and largely handled by Saudi Aramco, which is a state-owned company and one of the most profitable in the world. As of 2019, it was valued at more than *** billion U.S. dollars.

Saudi economy

The economy of Saudi Arabia has a total worth of **** trillion U.S. dollars, placing it in the leading 20 economies in the world, and the largest economy in the Arab world and the Middle East. Saudi Arabia is the world’s leader in petroleum exportation and contains the second largest petroleum reserve. It also had the fifth largest natural gas reserve of about *** trillion cubic meters in 2019. Having those valuable resources in hand, the country is considered an energy superpower. However, its substantial dependence on these valuable natural resources, mostly the oil industry, pressured the government to launch its Saudi Vision 2030. This focuses on diversifying its resources and not being heavily dependent on the oil industry. As a result, in the first quarter of 2019, Saudi Arabia's budget accomplished its first surplus since 2014 of more than ** billion U.S. dollars. Non-oil revenues accounted for about ** percent of the country’s revenue in 2019, with the most revenue being from taxes on goods and services in 2020.