Saudi Arabia's pre-budget statement estimated state revenues at SAR 1.18 trillion and expenditure at SAR 1.28 trillion for 2025, with an expected deficit of SAR 101 billion, the Ministry of Finance said today, Sept. 30.
For the current year, the Kingdom’s revenue and expenditure are forecasted to come in at SAR 1.23 trillion and SAR 1.35 trillion, respectively, possibly fueling a deficit of SAR 118 billion.
Actual Revenues & Expenditure of Saudi Budget (2000-2025)
Year |
Revenues (SAR bln) |
Expenditure (SAR bln) |
Surplus/(Deficit) (SAR bln) |
2025 est. |
1184 |
1285 |
(101) |
2024 fcast. |
1237 |
1355 |
(118) |
2024 est. |
1172 |
1251 |
(79) |
2023 Actual |
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 |
The 2025 budget is expected to record a deficit of around 2.3% of GDP, with a continued budget deficit at similar levels in the medium term as the government adopts strategic expansionary spending policies that support economic diversification and sustainable growth.
Key Fiscal Indicators in Medium term (SAR bln) |
|
|||||
Item |
Actual |
Forecasts |
Estimates |
|||
2023 |
2024 |
2025 |
2026 |
2027 |
||
Total Revenues |
1212 |
1237 |
1184 |
1198 |
1289 |
|
Total Expenditure |
1293 |
1355 |
1285 |
1328 |
1429 |
|
BudgetSurplus/(Deficit) |
(81) |
(118) |
(101) |
(130) |
(140) |
|
Real GDP Growth |
(0.8%) |
0.8% |
4.6% |
3.5% |
4.7% |
|
Nominal GDP |
4003 |
4091 |
4352 |
4431 |
4718 |
|
Inflation |
2.3% |
1.7% |
1.9% |
1.9% |
1.9% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}