Government Spending in Saudi Arabia decreased to 183426 SAR Million in the second quarter of 2018 from 630978 SAR Million in the first quarter of 2018. Government Spending in Saudi Arabia averaged 150365.69 SAR Million from 2008 until 2018, reaching an all time high of 630978 SAR Million in the first quarter of 2018 and a record low of 76217 SAR Million in the first quarter of 2008.

Saudi Arabia Government Spending
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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 [+]


Saudi Arabia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
183426.00 630978.00 630978.00 76217.00 2008 - 2018 SAR Million Quarterly
Current Prices, NSA




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