Government Spending in Saudi Arabia increased to 181365 SAR Million in the second quarter of 2021 from 164082 SAR Million in the first quarter of 2021. source: Saudi Arabian Monetary Agency

Government Spending in Saudi Arabia averaged 147859.93 SAR Million from 2008 until 2021, reaching an all time high of 232789 SAR Million in the fourth quarter of 2020 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 2021.

Government Spending in Saudi Arabia is expected to be 186072.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Government Spending is projected to trend around 249121.00 SAR Million in 2022 and 256595.00 SAR Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Saudi Arabia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
181365.00 164082.00 232789.00 76217.00 2008 - 2021 SAR Million Quarterly
Current Prices, NSA

Saudi Arabia Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.50 22.80 103.50 1.60 percent of GDP [+]
Government Budget -11.20 -4.50 43.20 -25.30 percent of GDP [+]
Government Spending 181365.00 164082.00 232789.00 76217.00 SAR Million [+]
Government Revenues 781834.00 926846.00 1247398.00 5668.00 SAR Million [+]
Fiscal Expenditure 1075734.00 1059445.00 1109903.00 6028.00 SAR Million [+]
Military Expenditure 55535.00 61952.00 88520.00 811.00 USD Million [+]
Government Budget Value -293900.00 -132599.00 580924.00 -362229.00 SAR Million [+]
Credit Rating 75.00 [+]


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.