Saudi Arabia recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Saudi Arabia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The forecasted fiscal surplus in Saudi Arabia for 2022 was around ** billion Saudi Arabian Riyal. This reflected a significant increase from a deficit of ** billion Saudi Arabian Riyal in the previous year, marking the first surplus after *** consecutive years of deficit since 2016.

Saudi Arabia MOF Projection: Government Budget: Deficit or Surplus data was reported at 4,000.000 SAR mn in 2023. This records an increase from the previous number of -58,000.000 SAR mn for 2022. Saudi Arabia MOF Projection: Government Budget: Deficit or Surplus data is updated yearly, averaging -30,000.000 SAR mn from Dec 1981 (Median) to 2023, with 39 observations. The data reached an all-time high of 55,000.000 SAR mn in 2006 and a record low of -311,000.000 SAR mn in 2016. Saudi Arabia MOF Projection: Government Budget: Deficit or Surplus 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.F003: Government Revenue and Expenditure: Projection: Ministry of Finance.

Saudi Arabia recorded a government budget deficit of 115625 SAR Million in 2024. This dataset provides - Saudi Arabia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In Saudi Arabia, the expected budget deficit for 2021 was *** billion Saudi riyal, compared to *** billion Saudi riyal in 2020. The fiscal deficit for 2020 was expected to widen due to the oil market instability.

Key information about Saudi Arabia Consolidated Fiscal Balance

• Saudi Arabia Consolidated Fiscal Balance recorded a deficit equal to 30.833 USD bn in Dec 2024, compared with a deficit equal to 21.586 USD bn in the previous year.
• Saudi Arabia Consolidated Fiscal Balance data is updated yearly, available from Dec 1969 to Dec 2024, with an average ratio of -5.273 USD bn.
• The data reached an all-time high of 154.913 USD bn in Dec 2008 and a record low of -103.626 USD bn in Dec 2015.

CEIC converts annual Consolidated Fiscal Balance into USD. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. Saudi Central Bank average market exchange rate is used for currency conversions.

Key information about Saudi Arabia Consolidated Fiscal Balance: % of GDP

• Saudi Arabia Consolidated Fiscal Balance registered a surplus equal to 2.5 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 2.3 % in the previous year
• Saudi Arabia Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1969 to Dec 2022, with an average ratio of -2.9 %
• The data reached an all-time high of 43.2 % in Dec 1973 and a record low of -25.3 % in Dec 1987

Further information about Saudi Arabia Consolidated Fiscal Balance: % of GDP

• In the latest reports, Saudi Arabia National Government Debt reached 264.0 USD bn in Dec 2022
• Saudi Arabia Nominal GDP reached 267.9 USD bn in Mar 2023

The budget balance in relation to the gross domestic product (GDP) in Saudi Arabia was approximately -2.84 percent in 2024. Between 1991 and 2024, the budget balance rose by around 0.44 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by about 0.25 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

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 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.

Saudi Arabia recorded a Current Account surplus of 5.90 percent of the country's Gross Domestic Product in 2023. This dataset provides - Saudi Arabia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Saudi Arabia Current Account Balance

• Saudi Arabia Current Account recorded a deficit of 8.8 USD bn in Sep 2024, compared with a surplus of 2.7 USD bn in the previous quarter.
• Saudi Arabia Current Account Balance: USD mn data is updated quarterly, available from Mar 2006 to Sep 2024, with an averaged value of 15.5 USD bn.
• The data reached an all-time high of 54.4 USD bn in Jun 2008 and a record low of -21.3 USD bn in Dec 2015.
• Foreign Direct Investment (FDI) increased by 4.3 USD bn in Sep 2024.
• Saudi Arabia Direct Investment Abroad expanded by 4.7 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 6.0 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 267.9 USD bn in Mar 2023.

Key information about Saudi Arabia Current Account Balance: % of GDP

• Saudi Arabia Current Account deficit accounted for 3.3 % of the country's Nominal GDP in Sep 2024, compared with a 1.0 % surplus in the previous quarter.
• Saudi Arabia Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2006 to Sep 2024, with an average value of 8.3 %.
• The data reached an all-time high of 36.6 % in Jun 2008 and a record low of -13.7 % in Dec 2015.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. Saudi Central Bank provides Current Account Balance in local currency. General Authority for Statistics provides Nominal GDP in local currency.


Key information about Saudi Arabia Current Account Balance: % of GDP

• In the latest reports of Saudi Arabia, Current Account recorded a deficit of 8.8 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 4.3 USD bn in Sep 2024.
• Saudi Arabia Direct Investment Abroad expanded by 4.7 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 6.0 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 267.9 USD bn in Mar 2023.

Saudi Arabia recorded a Current Account surplus of 1509.46 USD Million in the first quarter of 2025. This dataset provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Saudi Arabia recorded a trade surplus of 14170 SAR Million in April of 2025. This dataset provides - Saudi Arabia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the trade balance of goods of Saudi Arabia from 2013 to 2023. In 2023, Saudi Arabia's trade balance surplus amounted to approximately ****** billion years. Saudi Arabia's economic state Saudi Arabia’s positive trade balance dropped during the economic crisis, recovered thereafter, but has faltered somewhat in the past couple of years. This is likely due to a loss in export income associated with falling crude oil prices in the region. This has affected the economy and is expected to increase the country’s national debt. As a major oil producer and exporter, on the one hand Saudi Arabia needs to maintain international relations related to the export of its most precious resource, and on the other hand it needs to preserve stability in the region. For the most part, the country has been able to do so. Due to large oil reserves throughout the region, Saudi Arabia’s most important export partners include China, the United States, Japan, South Korea, India and Singapore. As one of the main oil producers worldwide and ranked among the countries with the largest GDP, Saudi Arabia remains one of the key players in the Muslim and Arab world. It is also home to the birthplace of the Muslim Prophet Mohammed, giving the country a special significance. However, as tension rise with Iran, an uneasy relationship based in religion, politics and history, preserving stability in the region and international relations may become a challenge.

Saudi Arabia recorded a capital and financial account deficit of 5912.98 USD Million in the first quarter of 2025. This dataset provides - Saudi Arabia Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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..

Key information about Saudi Arabia's Trade Balance

• Saudi Arabia's Trade Balance recorded a surplus of 73.3 USD bn in Dec 2024, compared with a surplus of 113.1 USD bn in the previous year
• Saudi Arabia's Trade Balance data is updated yearly, available from Dec 1957 to Dec 2024, with an averaged value of 27.1 USD bn
• The data reached an all-time high of 233.1 USD bn in Dec 2011 and a record low of 308.7 USD mn in Dec 1957

CEIC calculates annual Trade Balance from annual Total Exports and annual Total Imports and converts it into USD. General Authority for Statistics provides Total Exports and Total Imports in local currency. Saudi Central Bank average market exchange rate is used for currency conversions.

Further information about Saudi Arabia's Trade Balance

• In the latest reports, Saudi Arabia's Total Exports reached 25.1 USD bn in Dec 2024, a decrease of 27.1% YoY (year-on-year)
• Total Imports recorded 21.1 USD bn in Dec 2024, an increase of 27.1% YoY (year-on-year)

9 (Kcal per person per day) in 2016. The number of calories needed to lift the undernourished from their status, everything else being constant. The average intensity of food deprivation of the undernourished, estimated as the difference between the average dietary energy requirement and the average dietary energy consumption of the undernourished population (food-deprived), is multiplied by the number of undernourished to provide an estimate of the total food deficit in the country, which is then normalized by the total population.