Government Spending in Saudi Arabia decreased to 167334 SAR Million in the first quarter of 2020 from 211055 SAR Million in the fourth quarter of 2019.
Government Spending in Saudi Arabia averaged 144024.71 SAR Million from 2008 until 2020, reaching an all time high of 212452 SAR Million in the fourth quarter of 2017 and a record low of 76217 SAR Million in the first quarter of 2008. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Spending - values, historical data and charts - was last updated on September of 2020. source: Saudi Arabian Monetary Agency
Government Spending in Saudi Arabia is expected to be 169129.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Saudi Arabia to stand at 174864.00 in 12 months time. In the long-term, the Saudi Arabia Government Spending is projected to trend around 222821.00 SAR Million in 2021 and 228392.00 SAR Million in 2022, according to our econometric models.