Saudi Arabia Government Budget

Saudi Arabia recorded a Government Budget deficit equal to 8.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Saudi Arabia averaged 1.42 percent of GDP from 1969 until 2017, reaching an all time high of 43.17 percent of GDP in 1973 and a record low of -25.27 percent of GDP in 1987.

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Saudi Arabia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	17.20	13.10	103.50	1.60	percent	[+]
Government Budget	-8.90	-12.80	43.17	-25.27	percent of GDP	[+]
Government Spending	183426.00	630978.00	630978.00	76217.00	SAR Million	[+]
Government Revenues	691505.00	519448.00	1247398.00	5668.00	SAR Million	[+]
Fiscal Expenditure	929999.00	830513.00	1109903.00	6028.00	SAR Million	[+]
Military Expenditure	69521.40	63672.80	90257.90	838.00	USD Million	[+]
Government Budget Value	-238494.00	-311065.00	580924.00	-362229.00	SAR Million	[+]
Credit Rating	86.25					[+]

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Saudi Arabia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-8.90	-12.80	43.17	-25.27	1969 - 2017	percent of GDP	Yearly

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Country	Last		Previous	Highest	Lowest
Argentina	-3.90	Dec/17	-4.6	3.7	-6.4	%	Yearly
Australia	-1.90	Dec/17	-2.4	2.2	-4.2	%	Yearly
Brazil	-7.80	Dec/17	-9	-2	-10.2	%	Yearly
Canada	-0.90	Dec/17	0	5.1	-8.3	%	Yearly
China	-3.50	Dec/17	-3.8	0.58	-3.8	%	Yearly
Euro Area	-0.90	Dec/17	-1.5	-0.5	-7.3	%	Yearly
France	-2.60	Dec/17	-3.4	1.5	-7.2	%	Yearly
Germany	1.30	Dec/17	1	1.3	-9.4	%	Yearly
India	-3.53	Dec/17	-3.52	-2.53	-8.13	%	Yearly
Indonesia	-2.50	Dec/17	-2.46	3.02	-2.58	%	Yearly
Italy	-2.30	Dec/17	-2.5	-1.5	-7.3	%	Yearly
Japan	-4.50	Dec/17	-4.5	2.58	-9.5	%	Yearly
Mexico	-2.90	Dec/17	-2.6	3.3	-3.4	%	Yearly
Netherlands	1.10	Dec/17	0.4	1.9	-8.6	%	Yearly
Russia	-1.50	Dec/17	-3.4	9.88	-7.9	%	Yearly
Saudi Arabia	-8.90	Dec/17	-12.8	43.17	-25.27	%	Yearly
Singapore	0.30	Dec/17	-1.2	21.23	-1.2	%	Yearly
South Africa	-4.60	Dec/17	-3.9	1	-7.4	%	Yearly
South Korea	-2.00	Dec/17	-2.4	3.47	-4.1	%	Yearly
Spain	-3.10	Dec/17	-4.5	2.2	-11	%	Yearly
Switzerland	1.20	Dec/17	0.4	1.9	-3.2	%	Yearly
Turkey	-1.50	Dec/17	-1.1	-0.6	-33	%	Yearly
United Kingdom	-2.30	Dec/17	-3.8	4.8	-9.9	%	Yearly
United States	-3.50	Dec/17	-3.2	4.5	-9.8	%	Yearly