AI Summary
Saudi Arabia's pre-budget statement estimated state revenues at SAR 1.14 trillion and expenditure at SAR 1.31 trillion for 2026, with an expected deficit of SAR 166 billion, the Ministry of Finance said today, Sept. 30.
As for 2025, the Kingdom’s revenue and expenditure are slated to reach SAR 1.09 trillion and SAR 1.33 trillion, respectively, possibly fueling a deficit of SAR 245 billion.
|
Actual Revenues & Expenditure of Saudi Arabia's Budget (2000-2026) |
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|
Year |
Revenues (SAR bln) |
Expenditure (SAR bln) |
Surplus/(Deficit) (SAR bln) |
|
2026 est. |
1147 |
1313 |
(166) |
|
2025 fcast. |
1091 |
1336 |
(245) |
|
2025 est. |
1184 |
1285 |
(101) |
|
2024 actual |
1259 |
1375 |
(116) |
|
2023 |
1212 |
1293 |
(81) |
|
2022 |
1268 |
1164 |
104 |
|
2021 |
965 |
1039 |
(73) |
|
2020 |
782 |
1076 |
(294) |
|
2019 |
927 |
1059 |
(133) |
|
2018 |
906 |
1079 |
(174) |
|
2017 |
692 |
930 |
(238) |
|
2016 |
519 |
831 |
(311) |
|
2015 |
613 |
1001 |
(389) |
|
2014 |
1040 |
1141 |
(101) |
|
2013 |
1153 |
995 |
158 |
|
2012 |
1247 |
917 |
329 |
|
2011 |
1118 |
827 |
291 |
|
2010 |
741 |
654 |
87 |
|
2009 |
510 |
596 |
(87) |
|
2008 |
1101 |
520 |
581 |
|
2007 |
643 |
466 |
177 |
|
2006 |
674 |
393 |
280 |
|
2005 |
564 |
346 |
218 |
|
2004 |
392 |
285 |
107 |
|
2003 |
293 |
257 |
36 |
|
2002 |
213 |
234 |
( 21 ) |
|
2001 |
228 |
255 |
( 27 ) |
|
2000 |
258 |
235 |
23 |
Saudi Arabia’s 2026 budget is expected to record a deficit at about 3.3% of GDP, with deficits projected to persist at lower levels over the medium term as the government continues to pursue strategic expansionary spending policies to implement projects, programs and initiatives with economic and social returns.
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Key Medium-Term Economic Indicators (SAR bln) |
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|
Item |
Actual |
Forecasts |
Estimates |
||
|
2024 |
2025 |
2026 |
2027 |
2028 |
|
|
Total Revenues |
1259 |
1091 |
1147 |
1230 |
1294 |
|
Total Expenditure |
1375 |
1336 |
1313 |
1350 |
1419 |
|
Surplus/(Deficit) |
(116) |
(245) |
(165) |
(120) |
(125) |
|
Real GDP Growth |
2.0% |
4.4% |
4.6% |
3.7% |
4.5% |
|
Nominal GDP Growth |
4649 |
4600 |
4965 |
5258 |
5643 |
|
Inflation |
1.7 % |
2.3 % |
2.0 % |
1.8 % |
1.9 % |
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