Saudi Arabia: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 241.13 billion Saudi Riyal as of Q3 2024, a decline compared to the previous value of 241.88 billion Saudi Riyal. Historically, the average for Saudi Arabia from Q1 2010 to Q3 2024 is 175.32 billion Saudi Riyal. The minimum of 87.03 billion Saudi Riyal was recorded in Q3 2010, while the maximum of 280.71 billion Saudi Riyal was reached in Q4 2023.
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* indicates monthly or quarterly data series
- Measure: billion Saudi Riyal
- Source: General Authority for Statistics of Kingdom of Saudi Arabia
| Recent values | Saudi Arabia: Government expenditure, billion currency units |
|---|---|
| 2024 Q3 | 241.13 |
| 2024 Q2 | 241.88 |
| 2024 Q1 | 226.67 |
| 2023 Q4 | 280.71 |
| 2023 Q3 | 223.58 |
| 2023 Q2 | 217.94 |
| 2023 Q1 | 211.81 |
| 2022 Q4 | 267.81 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 23.33 | 2023 | percent |
| Government spending, in dollars | 249.08 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.02 | 2023 | percent |
| Government debt | 26.23 | 2023 | percent |
| Government expenditure | 241.13 | Q3/2024 | billion |
| Tax revenue | 7.77 | 2022 | percent |
| Commercial tax rate | 15.70 | 2019 | percent |
| Tax preparation time | 152 | 2019 | hours |
| Number of taxes | 4 | 2019 | taxes |
| Taxes on goods and services | 19.83 | 2022 | percent |
| Taxes on international trade | 1.48 | 2022 | percent |
| Income and profits taxes | 1.93 | 2022 | percent |
| Foreign aid | 0.29 | 2009 | million U.S. dollars |